Iran is considering options to develop more healthcare PPPs as it prepares to emerge from the shadow of sanctions. It has already made extensive use of PPPs to provide primary care in urban and suburban settings.
US-based DaVita Kidney Care is entering a JV with the president of China’s only dialysis private hospital, Shunling Renal Hospital, in Jinan, Shandong.
It is never easy making sense out of the private healthcare sector in China! So here is our list of the top six private hospital groups in China together with a further list of the 24 largest private hospital groups and their owners.
Between 2009 and 2014, the Chinese government spent over $370bn on healthcare, three times the $124bn initially planned. It is now drafting a new set of reforms in its new five-year road map to 2020, by which time total healthcare spending is expected to reach $1 trillion according to McKinsey.
Phoenix Healthcare Group, which claims to be the largest private Chinese mainland hospital operator, has paid HK$180m ($23m)for 20% of UMP Healthcare Holdings, a Hong Kong-based outpatient operator. The two plan a joint venture in the outpatient sector, targeting corporate and individual clients in the Beijing-Tianjin-Hebei region, an area around Beijing with a population of […]
Fresh from last month's Italian acquisition, Groupe Colisee, the fifth largest French nursing home group, is sniffing around Spain. It has also set up a Chinese JV, all since it was bought by private equity house Eurazeo PME in July 2014.
Nestled between the giant Indian, Chinese and Malaysian markets, Thailand has long passed under the radar. No more. Public health reform and aging populations have spurred rapid growth. And no longer content with medical tourists, its highly profitable hospital groups are moving abroad. Can these dark horses take advantage of the integration of ASEAN and become the dominant force in the region?
It is estimated that Myanmar loses 100,000 patients and $200m a year to medical tourism, says Soe Myint, founder of the local Family Mandalar hospital group. Foreign groups such as Indonesia’s Siloam and Thailand’s Thonburi, have been drawn in. Siloam is investing $1bn in Myanmar over the next ten years. But local groups are fighting back.
Bumrungrad is a world leader in medical tourism and has effectively leveraged Thailand’s many advantages in this sector. Unlike its competitors, it has focused on high-end tertiary care from a single campus. Narasimhan leads us through the history of the group, the secret to profit margins of 20%, the changing dynamics of medical tourism and the future of the Thai market.
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