Pan-European bioanalysis giant Eurofins has bought Hygel, a laboratory chain in the North Rhine-Westphalia, providing the group an entry into the German lab market.
Reheal Clinics, a new outpatient network based in cities near Delhi, is using external doctors to provide specialty telemedicine services. Its founder, Ankur Bharti, tells Healthcare Nova he already has a deal with hospital chain Medanta.
With outsourcing in the lab diagnostics sector expected to rise in mature markets, what does the picture look like in emerging economies? Abhishek Singh, chief of strategy at Valiance Health and Ankur Bharti, CEO of Reheal Clinics (both ex-PwC) tell Healthcare Nova that hospitals are increasingly like to seek external partners to help run their pathology business.
SGX-listed Singapore Medical Group, a multidisciplinary specialist healthcare services provider with 29 clinics in Singapore, has entered into agreements to acquire two paediatric clinics. This marks its first foray into paediatrics.
Singapore Press Holdings (SPH) is to acquire nursing home chain Orange Valley Healthcare for S$164m.
Private equity house KV Asia Capital will sell all equity shares and intellectual property of Orange Valley, which it acquired in April 2014, in an all-cash debt free deal. Orange Valley's net asset value of S$71 million as at March 2017 represents a multiple of approximately 2.3.
Narayana Hrudayalaya, a hospital chain with 31 facilities in India, has acquired 225-bed Gurgaon-based multi-speciality hospital NewRise Healthcare from drug maker Panacea Biotech for Rs 180 crore ($27.9m).
AsiaMedic, the Singaporean one-stop health screening and diagnostic healthcare provider, has entered into a conditional sale and purchase agreement with the shareholders of LuyeEllium Healthcare, a hospital management service for hospitals business based in South Korea and China.
Technical change could dramatically de-skill in the next five years Change is coming faster than you think. Computer added diagnosis of images could be 3-5 years off, rather than a decade away. Already machines can interpret many images more reliably than radiologists, according to several operators. In dentistry, new imaging techniques mean that the siting […]
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