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Report: A first look at second opinions

Medical second opinions claim to lower healthcare costs, improve patient outcomes and democratise access to the highest level of care. Patients and payers increasingly agree. One provider told us the industry is growing exponentially and has only just begun to exploit its potential in America. Recent studies suggest up to 40% of initial diagnoses are incorrect pointing to a huge untapped market trading on uncertainty and expertise. Who is taking the lead and how much time does the medical elite have for the unwashed masses?

Apollo launches homecare division in three Indian cities

Apollo Hospitals becomes the latest group to launch medicalised homecare services, a sector that sees increasing demand and players. The new platform with an investment of $8m, will initially be based around three large Indian cities and then rolled out to others.

South African operators fret over amendment to Regulation 8

A draft law has been circulated that could fundamentally alter how South African healthcare operators are paid for their services. The new law would shift payment for so called prescribed minimum benefit conditions (PMBs), which must be covered by private health insurers, from an open-ended guarantee to a predetermined tariff structure.

Rival bids for Al Noor to create $900m revenue monster

NMC, the largest hospital chain in the United Arab Emirates is almost certain to counterbid for Al Noor, the largest operator in the emirate of Abu Dhabi. This follows a potential reverse takeover bid from South African operator Mediclinic. What happens next will determine who dominates the hospital sector in this fast growing market. London Stock Exchange quoted Al Noor’s market capitalisation is currently $1.7bn.

Private sector set to soar in Mexico

Private operators and their backers are racing to build large chains of outpatient clinics across Mexico. They hope that the right-wing government will allow new much longer term public-private partnerships. Meanwhile, the bodies which make up the Mexican NHS and the payor for services for the poor are in their worst financial situation in history. The minister of health has suggested that they may need to be merged to create a new universal health insurance plan.

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