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Irish health insurance gets post-recession boost

Ireland’s private medical insurance market has been given a boost by international insurer AIG taking over Laya, the second biggest Irish health insurer, formerly owned by Bupa. Meanwhile, the government is to introduce a law which will encourage the young to take out PMI.
February 19, 2015

Polish cancer group for sale

One of the largest private providers in the cancer market, a chain of three clinics, in Poland is for sale. The business could be a good fit for Pan-European imaging group Affidea or for Luxmed, the Bupa-owned subscriptions healthcare group.
February 19, 2015

Interview: Andrew Bastawrous, Co-Founder, Peek Vision

An estimated 285 million people worldwide are visually impaired and 39 million are blind. More than 90% of blind people live in the Developing World where treatment is often scarce, expensive and inaccessible for many. Peek Vision – the Portable Eye Examination Kit – uses a smartphone and a clip-on adapter to carry out eye examinations. We talk to founder Andrew Bastawrous to find out more about Peek and ophthalmology in developing countries.
February 17, 2015

Dangerous consultants

Few things are more dangerous for the healthcare systems of Developing Countries than a PFI consultant. Suited and booted, we are told they often impress politicians and policymakers. If this is how the NHS in the United Kingdom funds hospital construction then why not follow its example?
February 17, 2015

From around the world

Our weekly roundup of private healthcare news from around the Developing World. This week, South Africa, the Middle East and India.
February 17, 2015

TMC Life Sciences acquires medical hub in Malaysia

Small listed hospital operator TMC Life Sciences is paying $111m for a 1.6 hectare development site in Malaysia, 40km from Singapore. The site in Johor Baru, Malayasia’s third largest city, has planning approval for a large medical hub. It is being bought from a company owned by businessman Peter Lim who also has a majority of TMC Life Sciences. The site is also 30% owned by the Crown prince of Johor, Tunku Ismail Idris. Healthcare Nova speaks to Dr. Wong Chiang Yin, executive director at TMC Life Sciences, about opportunities in the Malaysian market.
February 17, 2015

Health Care at Home India launches palliative care services

Health Care at Home India (HCAHI), a company partially set up by the founder of Health Care at Home UK, has just opened a palliative care branch in North India. Vivek Srivastava, the CEO of HCAHI, explains to Healthcare Nova why medicalised homecare services are booming.
February 17, 2015

UAE’s NMC raises $825m for international expansion and debt

UAE private operator NMC Health is raising $825m with over half going to fund its international expansion. The London-listed group has reportedly been given commitments from banks for the war chest, including a $475m fund that will go towards acquisitions. The remaining $350m will be spent on refinancing NMC’s debt.
February 17, 2015

Mexican sugar clinics reduce annual cost of diabetes care fivefold

Four out of every five people with diabetes live in the Developing World according to the International Diabetes Foundation (IDF). Clínicas del Azúcar is a Mexican chain of diabetes one-stop-shops that reduce the cost of care by 70%. We talk to founder and CEO Javier Lozano Garza, who has an MBA from MIT, to find out more.
February 17, 2015

Report: Brazilian private health care market: promising, but not all roses

Brazil’s healthcare system is fragmented, inefficient and underfunded. Still, this is Latin America’s largest private healthcare market and is consolidating fast. What are the characteristics of the Brazilian healthcare system? Here we look at the structure of the market and segments such as health insurance, acute care and diagnostics.
February 13, 2015
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