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NMC to enter India

India continues to draw Gulf hospital groups, as NMC looks set to follow in Aster DM and VPS Healthcare’s footsteps by buying Sunshine Hospitals of Hyderabad. The Emiratis will pay INR 4bn (US$60m) for a 65% stake in a group with around 500 beds that made EBITDA of INR 33.2m (US$0.5m) on sales of INR 1,572m (US$23.7m), in the financial year ending March 2015.
June 27, 2016

Hong Kong operators eye mainland medical tourists

Hong Kong operators are expanding to mainland China to promote their brands and bring medical tourists to Hong Kong, according to Thalia Georgiou, founder of consultancy firm Asia Care Group. We look at how Hong Kong-based Townhealth, is building dentistry and cosmetic surgery networks on the mainland, one year after Chinese insurer China Life Insurance became its largest shareholder.
June 22, 2016

Acibadem’s European plans

IHH Healthcare’s Turkish arm Acibadem has big plans for Europe where it recently became the largest player in Bulgaria with the acquisition of City Clinics. It is negotiating to buy in Romania and will build facilities in two other European countries.
June 9, 2016

IFC backs Regency Hospital to expand in Uttar Pradesh

The World Bank's investment arm International Finance Corporation (IFC) is backing an Rs 160 crore ($24m) investment to expand Regency Hospital in Kanpur, India. The plan is to open a new secondary hospital and an oncology centre run jointly with Bangalore-based cancer specialist Health Care Global (HCG). Regency will also expand across Uttar Pradesh with new hospitals in Lucknow and Allahabad.
April 20, 2016

Rating and booking sites: Threats or Friends?

There are growing signs that a new generation of rating and booking websites will change the face of outpatient care in many Emerging Markets. New players, sometimes backed by hundreds of millions of dollars, are investing in telehealth platforms that promise instant access to patients, partnering with pharmacies and making access to healthcare easier for patients. Some are active in dozens of countries. Here we talk to the major players about their strategies and how they see the market.
April 6, 2016

Siloam to invest $100m in expansion

Indonesia's largest hospital group PT Siloam International has a two-year plan to expand regionally with 13 new emergency hospitals. We talk to Managing Director Dr. Grace Frelita about the challenges faced by healthcare in the country.
April 5, 2016

KPJ seeks Malaysian dominance

Malaysia’s biggest hospital group KPJ Healthcare Berhad will spend RM1.3bn (US$333m) on eight new hospitals and RM4-500m (US$100-128m) on expansions to seven existing hospitals over the next three to five years. In 2012, the group announced aggressive plans to reach 40 hospitals by 2020 and with 25 already it’s well placed to dominate a prosperous market, Inani Rozidin, an analyst at Alliance DBS, tells us.
April 4, 2016

Contrasting healthcare markets in the GCC

Too reliant on revenues from the petroleum industry, the GCC countries are pushing for economic diversification – and competing for foreign investment. As a result, the healthcare industry is seeing major government incentives and huge PPP projects. We look at how Saudi Arabia, the UAE and smaller Gulf states are drawing investors.
April 4, 2016

Gulf States to boost PPPs, eHealth, preventive care and long-term care

In its comprehensive annual report on the healthcare industry in the Gulf Cooperation Council (GCC) states, private equity house Alpen Capital explores current trends. Projecting the GCC total private and public healthcare market to grow 12.1% to $71.3bn in 2020, it highlights population growth, the introduction of health insurance and rising healthcare costs as key drivers –resulting in the development of PPPs, eHealth, preventive care and long-term care.
March 22, 2016
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