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Disappointing birth rates in China slash ob/gyn group Harmonicare’s profit

A disappointing birth rate saw profits plunge at Harmonicare Medical Holdings, the largest private Chinese hospital group dedicated to gynaecology, obstetrics and paediatrics, despite China scrapping its single child policy.  The company's 2017 FY report shows Harmonicare’s net profit dropped by 71% to RMB27.39m (US$6.8m) and diluted earnings per share also plunged by 71% to RMB36.10 (US$5.7m). EBITDA also […]
March 26, 2018

Luye Medical preparing for $500m IPO

Singapore-based healthcare services provider Luye Medical Group is preparing an initial public offering that could raise around $500m.
March 22, 2018

“Hawaii of China” promotes international medical tourism

The "Chinese Hawaii" is being promoted heavily as an international medical tourism destination, with tax incentives and the promise of "accelerated construction" by a regional government keen to encourage international investor and operator interest. 
March 14, 2018

Interview: Dr Bruno Gridelli, Senior Vice President, UPMC International

How do you build an international business delivering high-quality specialist care working with governments, public payors, regions and for-profit operators? UPMC, the big US academic medical centre, has done just this in four very different countries: Italy, Ireland, Kazakhstan and China. We talk to Dr Gridelli about the business model and challenges.
February 26, 2018

Perennial rapidly grows healthcare services in China

Singapore-based property developer and Chinese health care service operator Perennial Real Estate Holdings reported soaring profits in 2017. We look at its strategy of building hospitals and care homes, often close to high-speed rail hubs. Perennial is pouring some of its profits as a real estate developer into building health care services in China. Perennial remained […]
February 21, 2018

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.
February 15, 2018

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.
January 31, 2018
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