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Green light for mandatory insurance in Saudi

New Saudi health minister Khalid Al-Falih has announced that the pilot scheme for mandatory health insurance for all citizens had been successful. That has led to hopes that mandatory insurance, which allows patients to chose private sector providers, will be rolled out for everyone. Meanwhile, Saudi Arabia will open its $590bn stock market to foreign investment. Healthcare services are tipped to be a target for investors, as the state turns to the private sector.

IHH and Thai groups to split ASEAN market

Thailand’s large hospital groups look set to dominate the market in the North ASEAN (Association of South-East Asian Nations) region according to a number of analysts. But IHH, the giant Malaysian healthcare operator, has a strong position in South ASEAN. Growing integration in the region would benefit both as they tap the thriving medical tourism industry.

FREE BLOG China opens up more to private healthcare

Reuters has reported that China’s main administrative authority will allow patients to claim on medical insurance for visits to private hospitals. This follows a separate May 6 decision of the State Council to give tax breaks worth up to RMB 2,400 ($387) to individuals who take out private medical insurance. So what does this do for private sector prospects?

Air Liquide acquires Healthcare Antisepsis Solutions (HAS)

International healthcare player Air Liquide has expanded its hospital solutions arm in the Asia Pacific with the acquisition of hygiene and disinfection specialist Healthcare Antisepsis Solutions (HAS). The industrial gas giant had healthcare sales of €2.6bn in 2014, through its medicalised homecare arm and sales to hospitals.

New health platform to launch in Saudi

A new patient/doctor platform hopes to get 1m Saudis to sign up by August 2016. It not only allows patients to book and rate doctors but allows doctors to rate patients and for payors to track treatment.

Fidelity grabs slice of Indian medicalised homecare market

Home healthcare start up Medwell Ventures has sold a significant minority stake to Fidelity Growth Partners India and Fidelity Biosciences, the Indian arm of funds giant Fidelity International Limited. The move is further proof of the opportunities in the sector.

Interview: Dr Peter Cole, managing partner at Lancet Laboratories

South African diagnostic lab group Lancet is consolidating the African lab market, expanding into 12 countries in 12 years. We speak to managing partner, Dr Peter Cole, about the South African healthcare services market generally, the different African markets and the challenge posed by European and Indian competitors.

Property in Poland?

Surveyors are starting to push Poland as a possible market for healthcare property deals.

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