News About Australasia

 

Interview: Michael Sandhu, Remedium RT

After a long career at radiotherapy supplier Varian where he ended as Vice President, Global Market Development, Michael has set up his own consultancy to advise governments, international agencies and the private sector on the development of radiation therapy services in general and the best business models.  HBI asks him where the opportunities are and what they look like. 

International healthcare insurers – it’s a hard life

What is it really like to be a big international private medical insurer? Based on interviews with (un-named) managers at several big groups, here is our take. What emerges clearly is that insurers see themselves as weak and may be surprisingly ignorant about provider networks. They still behave as little more than passive bill payers.

Air Liquide and Linde H1 results diverge on healthcare

Global gases giants Air Liquide and Linde released their H1 results this week. For Air Liquide healthcare was one of the best-performing segments, and most of its growth was organic, while for Linde it lagged behind the rest of the business and it says growth will come through acquisitions. We talk to both.

FREE BLOG HBI Awards 2018: Value-driven outcomes tool that increases quality and cuts cost

In 2012, University of Utah Health introduced its Value Driven Outcomes (VDO) tool in both inpatient and ambulatory care, which has resulted in increased quality outcomes and more than $2.5m in cost savings. Providers can engage with the VDO tool to compare themselves to their peers and to identify standard care pathways and supplies that lower the cost of care while providing the best possible outcomes. The tool has been applied to sepsis, total joint replacement and laboratory services leading to improvements in outcomes and reductions in costs. The judges were impressed by the sophistication of the Utah offering. .

FREE BLOG HBI Awards 2018: Urine tests at home using smartphones

Healthy.io takes smartphone cameras into clinical quality medical scanners, using colour recognition and AI data sets to create a product for existing healthcare systems. Its first test kit is Dip.io, which digitizes urinalysis, the second most common diagnostic test, particularly useful in prenatal health and chronic kidney disease. The solution increases access to testing and, by eliminating the need to travel to a lab, can be used in any setting at a low cost. Images are sent directly to the doctor, reducing wait time. The judges gave the award to healthy.io on the potential for this single test which is being rolled out in the NHS in England and elsewhere.

FREE BLOG HBI Awards 2018: Measuring fat and muscle more accurately with MRI scans

The medical community relies on the notoriously inaccurate Body Mass Index (BMI) measurement when it comes to measuring body fat. AMRA has developed a way of producing 3D-volumetric fat and muscle measurements using a single six-minute MRI scan which is far more accurate. This will enable doctors to better identify at risk patients such as those with high fat levels in the abdomen – visceral fat. Elderly patients with muscle loss and increased fat, a debilitating condition known as sarcopenia, can also be identified. AMRA has introduced a new paradigm where rapid, 6-minute whole body MRI scans are analysed to produce precise, three – dimensional volumetric fat and muscle measurements. This standardized, automated method eliminates reader variability and reduces processing costs. AMRA also researches the relationships between fat, muscle and the development of disease, with the aim to become the new global standard in body composition. AMRA’s aim is also to support the precise tracking of treatment effects, the identification of who should participate in clinical trials, and the understanding of those who are at risk of developing disease.

FREE BLOG HBI Awards 2018: A low-band width teleradiology platform

Teleradiology Solutions, an Indian company which reads images remotely, has produced a platform that works on low-speed bandwidth, making it accessible in areas with poor digital infrastructure, particularly in rural areas of Africa and India. This works on a pay-per-click model making it more affordable and suited to small institutions as well as larger providers. It claims a 99% accuracy rate, 2% higher than the American College of Radiology standard of 97%. With coverage 365 days of the year, 24 hours per day, it is able to turn around emergency image reads in 15 minutes. It currently works in over 20 countries including the United States, Singapore, Nigeria, Tanzania, Uganda, Maldives and India.

FREE BLOG HBI Awards 2018: Sub-$1,000, whole genome sequencing

Veritas has cut the price of whole genome sequencing to below $1,000, including results and insights on 1,200 conditions, 70+ traits and 200 drug interactions via an app. Any physician or consumer can order their whole genome sequence and interpretation online.  The judges felt the huge price cut in whole genome sequencing made Veritas the category winner.

Air Liquide healthcare revenue growth slows

Gases giant Air Liquide's healthcare segment grew 9.3% in 2017, not matching the previous year's growth. Growth was higher in the Americas than in Europe and earnings-per-share saw a double-digit increase. 

Saudi group turning hotel into hospital in Egypt

GCC operator Elaj Group has reportedly paid US$10m for an unused luxury hospital in Egypt with a view to turning it into a multi-speciality hospital. We talk to a hospital design consultant who has done this in India and claims its 25% cheaper than a new build.

Interview: Mark Middleton, CEO, Icon

Mark Middleton is group CEO of Icon, the Australian cancer care specialist which is making inroads into Singapore and China. He speaks to Healthcare Nova about the group's strategy to date, how it is expanding into South East Asia, and its plans for expansion.

Interview: Dr Rajgopal Thirumalai, Vice President, Global Medical & Occupational Health, Unilever

Unilever runs a global health and prevention programme in over 90 countries for its 169,000  employees. How? What does Dr Thirumalai (known as Dr Raj) think of the private healthcare services sector? And what changes does he expect in the future? And what does he expect from digital health and AI? Dr Raj is also a non-executive independent director of Apollo Hospitals Enterprise and a speaker at HBI 2018 on April 10-11 in London.

EQT to sell diagnostic network to Permira

Shareholders in Australia’s largest diagnostic clinic network, I-MED Radiology Network, have agreed terms of sale with global investment firm Permira.

Interview: Dr Rajgopal Thirumalai, Vice President, Global Medical & Occupational Health, Unilever

Unilever runs a global health and prevention programme in over 90 countries for its 169,000  employees. How? What does Dr Thirumalai (known as Dr Raj) think of the private healthcare services sector? And what changes does he expect in the future? And what does he expect from digital health and AI? Dr Raj is also a non-executive independent director of Apollo Hospitals Enterprise and a speaker at HBI 2018 on April 10-11 in London.

Interview: Charles Wang, Group CEO, Luye Medical Group

Formed as recently as 2015, Singapore-based Luye Medical Group has become one of the major contenders in health care services across China, Australia and SE Asia. It is part of the Luye Life Sciences Group which owns Luye Pharma Group, one of the largest pharmaceutical companies in China and separately listed on the Hong Kong Stock Exchange. Luye Medical Group acquired Healthe Care, the third largest Australian for-profit hospital operators in 2016. It has since expanded its business rapidly adding healthcare operations such as oncology (Singapore), inpatient, outpatient and community based health care services (Australia) and rehabilitation and maternity hospitals (China). The aim, says Wang, is mainly to provide a value-based healthcare experience to meet the needs of the middle class and patients with private insurance coverage across SE Asia, Australia and China. Here we talk to him about Luye Medical Group’s plans and how it views the Chinese market. Wang is a speaker at HBI 2018, the global health care service event in London from April 10 to 11.

US health group enters strategic partnerships in three new emerging markets

Sanford Health, a large non-profit US rural health group, has invested in healthcare providers in Costa Rica, Vietnam and South Africa, and is expanding its Ghanaian and Chinese ventures. We spoke exclusively ahead of public announcement to Dan Blue, VP of Sanford World Clinics, who says more will follow.

FREE BLOG 20 perverse incentives and stupid things in health care services

Here is our New Year list of stupid things in health care services. It comes with a stupidity index where 10 is very stupid and an Easy to Fix index where 1 is very easy and 10 is all but impossible. Please give us your comments (in confidence!) and let us know of any additions you may have. Just email max@healthcarebusinessinternational.com.

FREE BLOG 20 perverse incentives and stupid things in health care services

Here is our New Year list of stupid things in health care services. It comes with a stupidity index where 10 is very stupid and an Easy to Fix index where 1 is very easy and 10 is all but impossible. Please give us your comments (in confidence!) and let us know of any additions you may have. Just email max@healthcarebusinessinternational.com. 

Dentacoin – a cryptocurrency for the dental industry

A clinic in Taiwan just became the fourth dental practice to accept Dentacoin (DCN), after locations in the UK, Bulgaria and India opted into the dental industry exclusive cryptocurrency. Does it have a future?

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