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TA Associates backs South Korea’s AIRS Medical

American private equity firm TA Associates has invested in South Korean medical imaging software company AIRS Medical, backing its AI-driven MRI technology as the company pushes further international expansion. The investment reflects ongoing demand across healthcare systems for ways to increase imaging capacity without adding scanners.

FREE BLOG Standout themes from HBI’s Asia report

We’re about to release a Special Report on healthcare investment in Asia. The report offers a comprehensive overview of the dynamics, trends and opportunities in the healthcare markets of eight hugely important countries in the region: China, India, South Korea, Thailand, Vietnam, Indonesia, Malaysia and the Philippines. 

CVC Capital acquires major stake in Indonesia’s Siloam Hospitals, signalling rising PE interest in Southeast Asia healthcare

CVC Capital Partners, a Luxembourg-based private equity firm, has acquired an additional 45% stake in Indonesia's chain of multi speciality hospitals, Siloam Hospitals, from the country’s conglomerate Lippo Karawaci for 16.6 trillion rupiah ($1 billion), making CVC the majority shareholder. This transaction, involving 5.85 billion shares, was announced on the Indonesia Stock Exchange.

South Korea accepts resignations of over 10,000 junior doctors, fuelling concerns over low doctor-patient ratio

South Korea has lately made headlines due to ~10,000 trainee doctors going on strike. They are protesting against a government proposal to increase admissions to medical schools.  Following the July 15 deadline for junior doctors to return to work, the Ministry of Health and Welfare has started to accept resignations, as the doctors on strike have not responded, as reported by The Korean Herald. 

What can be learnt from Korea’s doctor strike?

Junior doctors in South Korea are striking in protest of the government’s decision to increase the country’s cap on medical school places by 65%, claiming it would negatively impact the quality of medical education and not fix the country’s health care shortages. With workforce being a major issue in health systems across the world — and one that is set to become increasingly pressing as populations age — this could be a portent of what is to come elsewhere.

Integrating diagnostics and therapeutics

Diagnosing and giving therapy can be two very siloed services. Increasingly, innovators are building platforms to understand how the two could come closer together. We speak to one of the world's best-funded AI start-ups, Lunit, about its attempt to integrate diagnostics and therapeutics.

Quest Diagnostics changes strategy in emerging markets

Last week Healthcare Nova reported that US-based lab company Quest Diagnostics had sold its Indian medical diagnostics arm to Strand Life Sciences. We also reported that Quest has set up an international alliance of lab companies based in Brazil, Saudi Arabia, Korea, Hong Kong and Australia. Are the two moves connected? We speak to Quest's MD of global markets, Mark Machulcz to find out more about the group's change of strategy.

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