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Telehealth and eHealth

 

Abraaj close to $1bn target

Abraaj is close to its $1bn target for its mammoth Global Healthcare Fund. And its ambitions are becoming clearer.

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.

Doctoralia innovates across Latin America

In an unusual innovation, Doctoralia, the international rating and online booking platform, is partnering with patient associations and getting doctors to rate doctors as part of an awards programme. Owned by its Spanish founders, Doctoralia is now active in over 20 countries, particularly Latin America. It claims patients book 100,000 appointments a month on its platform. We interview Frederic Llordachs, co-founder of Doctoralia. This month, we are also writing a detailed survey of how such sites are developing in Emerging Markets from Chile to China.

The power of IT

It is startling to learn that by using middleware that can read doctors’ narratives, a single UK NHS Trust claims that it has put together a database of patient records for anti-dementia drugs that is 12 times larger than the entire worldwide Cochrane data. It is also startling to learn that even patients with mental disorders had an 86% adherence to using wearable devices such as Fitbit.

Getting computers to read medical records

Extracting meaningful data from clinician records is not easy – all too often they are a jumble of idiosyncratic narratives. But a £10m project has managed to do just that. Researchers at the South London and Maudsley NHS Trust and Kings College London have analysed 270,000 cases in mental health, creating what Prof Matthew Hotopf, director of the NIHR Biomedical Research Centre (BRC) at the Maudsley, claims is the world’s largest clinical dataset for mental illness. The Maudsley team are now looking for industry partners.

Bupa smiles despite write offs

What looks at first sight like dismal results from Bupa, the international insurer and healthcare operator, with a fall in pre-tax profits of 39% to £374m on sales of £9.8bn is actually much brighter than they first appear. Exclude most write offs and currency fluctuations, and pre-tax profits fell 2%, exclude all write offs and they rose 7% on sales up 6% in constant currencies. That is despite a 5% drop in sales at Bupa Global, the international insurance arm as Bupa dropped unprofitable business. We talk to CEO Stuart Fletcher about how apps and ehealth are helping sales, new insurance offers and acquisitions.

Report: Teleconsultation – the future of healthcare?

In the United States, teleconsultation reached sales of $100m in 2015 and is expected to hit 1m online visits this year. In Europe, things are moving much slowly. Regulations are not yet in place in most countries, payors have enormous reservations and doctors are not willing to get paid less for online consultation. But apps like Meedoc and Min Doktor in the Nordic countries are creating patient bases and insurers are starting to incorporate telehealth as a differentiator. Big private operators such as Medicover, Terveystalo and José de Mello are all deploying telehealth today.

TVM seeks a dozen investments for new fund

TVM Capital Healthcare is to raise a third growth capital fund to invest in a dozen healthcare services, medtech and pharma companies. With a target of $300m, the new fund is six times larger than the first $50m fund raised in 2010, which was invested in five Middle East healthcare service groups and an Egyptian medtech player. The sole sale from that round has already netted $50m for TVM. So what is CEO Helmut Schuehsler looking for this time round?

Indian online healthcare platform Practo to go into homecare and telehealth

Indian start-up Practo, which offers online appointment and practice management tools to patients and doctors, is to launch new platforms targeting homecare and telehealth. Practo bought several of its competitors after raising $120m in 2015 and is now active in 15 countries across South East Asia. We spoke to its managing director and co-founder, Shashank ND.

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