Thailand

 

Thonburi Hospital Group goes public in Bangkok, and share price plummets in one week

Thonburi Hospital Group (THG) went public on the Bangkok stock exchange on Thursday, December 7. Market cap when trading opened on the first day suggested it was nearly a US$1bn company (32.3bn baht), but this has dropped to US$808m (26bn baht), at the time of writing, as shares have dropped 28% from the initial offer price. We talk to a source close to THG to find out more.

Laureate sells off private universities in Europe

Laureate Education Inc, the NASDAQ listed private university chain, has agreed to sell for-profit European University Cyprus (EUC), which has a medical school and the only accredited dentistry program in Cyprus. We hear other European assets may follow.

Can you build a business on educating doctors and nurses?

Can you make a successful business educating doctors and nurses? You can if the growth of the world’s largest higher education network, Laureate, is anything to go by. Healthcare Nova catches up with Dr. Francisco Gutierrez, senior vice president of medicine and health sciences.

How big data works at Fullerton

Big data analytics is finally paying dividends, says Fullerton, which mainly provides outpatient healthcare services to corporates and insurers through a network of 225 wholly owned clinics across six countries and 8,000 medical provider partners around the world. CIO Ted Minkinow says that Fullerton, working with Microsoft, has been able to identify potential fraud and wastage in Singapore. He also claims that big data can now predict with 70% accuracy over a two-year period which patients will have a major healthcare problem such as a heart attack. “It is more accurate than the doctor” he says. We also profile Fullerton.

Interview: Dr Susann Roth, Senior Social Development Specialist, Asian Development Bank

The Asian Development Bank (ADB) lends more than US$16bn to projects across the continent each year, primarily in the infrastructure field. Last year, just US$0.34bn of that lending went to health - but that is set to change as the bank's interest in social sectors is growing. So what role does the bank believe the private sector should play in the region's health systems? How will they achieve universal health coverage (UHC)? And how good is existing regulation? These are the questions we put to Susann Roth, a German doctor and public health specialist who has been with the bank for more than seven years.

BDMS targets tourists with Phuket brain health centre – and plans wellness network

Thai hospital giant, Bangkok Dusit Medical Services (BDMS), has opened a brain health centre in the southern tourist hub of Phuket. It aims to attract medical tourists as well as combatting the growth of cognitive impairments resulting from the region's ageing population. We spoke to the CEO of the institute Kongkiat Kespechara.

Interview: Jeremy Low, board member Weihai Thonburi – “In China, there are no easy shortcuts, but it’s worth it”

How do foreign operators crack the notoriously tricky Chinese market? Is it possible for non-natives to come in, win over the local population, cut through swathes of red tape and make a profit? We speak to Jeremy Low, director of Weihai Thonburi Healthcare Investment Company, a subsidiary of Bangkok-based Thonburi Hospital Group, which is about to open a 250 bed hospital.

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