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Report: Reforming China’s hospital sector

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.
August 21, 2015

Bupa growth strongest in emerging markets

The global healthcare group Bupa, experienced rapid growth in markets as diverse as Saudi Arabia, Hong Kong and Chile. It continues to make acquisitions across emerging markets, as well as launching new healthcare insurance products and distribution agreements. Global sales rose 7% to £4,916m from the first half of 2014, at constant exchange rates (CER), or 3% taken at actual exchange rates (AER). Underlying profit before taxation hit £253.3m, an increase of 2% at CER, or a fall of 3% at AER. In a wide-ranging interview, CEO Stuart Fletcher, spoke to Healthcare Nova about the results and Bupa’s future plans.
August 7, 2015

UK care industry in “serious position,” says Bupa CEO

The CEO of Bupa, Stuart Fletcher, spoke of his concern for the UK care industry, after the latest half-year results revealed 10% fall in UK profits, despite a 7% rise in global revenue at constant exchange rates. Half year sales to 30 June, 2015 came to £4,916m, up 7% on the first half of 2014. Taken at actual exchange rates, sales increased by 3%.
August 7, 2015

UK care industry in “serious position,” says Bupa CEO

The CEO of Bupa, Stuart Fletcher, spoke of his concern for the UK care industry, after the latest half-year results revealed a 10% fall in UK profits. Sales rose 7% to £4,916m, at constant exchange rates, or 3% taken at actual exchange rates. Underlying profit before taxation hit £253.3m, an increase of 2% at constant exchange rates (CER), but a fall of 3% taken at actual exchange rates (AER).
August 7, 2015

China’s Phoenix Healthcare taps into the corporate market

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 […]
July 24, 2015

FREE BLOG Cross-Border Investment Will Transform Global Health Systems

Globalization—whether you like it or not—has been the major force shaping markets for industrial goods for the past century. Until recently, services, including health services, were largely domestic businesses operating in national markets. Today, technology has given us the ability to tap knowledge workers regardless of geographic locations, creating a global market for services writes […]
May 14, 2015

2m customers for cloud-based Patients Know Best

Patients Know Best (PKB), a cloud-based platform that puts patients in control of managing their online medical records, has grown from a 2008 UK start-up to being active in eight countries. It claims to have succeeded where Google, Microsoft and the NHS failed. We speak to founder Dr Mohammad Al-Ubaydli who claims he will have 2m patients by the end of 2015.
April 23, 2015
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