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Indonesia

 

Columbia Pacific Management sells Southeast Asian business and targets Africa

Seattle-based Columbia Pacific Management has agreed to sell Columbia Asia's Southeast Asia hospitals for $1.2bn cash and has kicked off a separate sale process for the Indian hospitals, sources familiar with the matter tell us. It is also planning to replicate its Asian success story in Africa, starting in Kenya, HBI can exclusively reveal.

Big hospital deals in Asia close to completion

A deal to buy pan-southeast Asian hospital group Columbia Asia has reportedly been agreed, while The Philippines' largest private hospital group's dual-track process is rolling on with a prospectus filed and second-round bids in.

Capio deal turns Ramsay into majority-European-revenue company

Ramsay Health Care, the hospital group spanning Australia, SE Asia and Europe grew revenues 24.4% to US$7.7bn in the year to June 2019 although four-fifths of growth was from the Capio acquisition. Over half of its reported sales now come from Europe, the UK segment has improved while a German divestment is still on the cards.

How insurers are delivering preventative care through tech

HBI speaks to Hong-Kong-based insure tech startup CareVoice about how its solution supports insurers to deliver more bespoke plans in China, following its $10m Series A. As most global insurers are trying to pivot from being gatekeepers to caregivers, can solutions that provide preventative support help?

Interview: Dr Jacob Thomas, chairman of Ramsay Sime Darby

The underbidder for Columbia Asia's South and SE Asia's hospital chain which had a $2bn price tag, Ramsay Sime Darby brought together Ramsay's three hospitals in Indonesia with Sime Darby's three in Malaysia in 2013.  We talk to Dr Thomas about offering spare capacity to the public sector at a discounted rate, progress with large-scale PPPs, regulations, medical tourism and expansion plans.

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