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.
The largest Asian hospital chain, IHH Healthcare Berhad, has acquired Global Hospitals, India’s fourth largest group, in a deal which takes IHH’s Indian revenues to a run rate of around INR 12bn ($181m) in calendar 2015 with over 1,800 beds. The deal saw IHH pay INR 10.2bn for a 73.4% stake and inject a further […]
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.
Bulgaria is the poorest and most corrupt country in the European Union. It also has a surprisingly large private hospital sector. As in Turkey and Finland, patients are free to use their National Health Insurance Funds to partly pay for private treatment. The public sector appears to be in terminal retreat. Here we profile the top ten players and talk to several CEOs on why and where they see expansion.
International healthcare player Air Liquide has expanded its hospital solutions arm in the Asia Pacific with the acquisition of hygiene and disinfection specialist Healthcare Antisepsis Solutions (HAS). The industrial gas giant had healthcare sales of €2.6bn in 2014, through its medicalised homecare arm and sales to hospitals.
Eric Souetre, executive chairman of private equity pledge fund CareVentures, identified Myanmar as the next up-and-coming Asian country to invest in at the Healthcare Europa 2015 conference in London this week.
IHH healthcare, the Malaysian-based healthcare provider that is one of the world’s largest private healthcare groups, has acquired a 51% stake in India’s Continental Hospitals for RM166.73m ($45.5m) through its subsidiary firm Gleneagles Development.
Singapore-based Parkway Life REIT (PLife REIT), an indirect 35.76% owned subsidiary of Malaysia’s IHH Healthcare Bhd, has offered $67.9m for five nursing homes in Japan.
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