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World Bank urges overhaul in Chinese healthcare

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22-Jul-16 China must take steps to overhaul its healthcare sector as expenditures will be difficult to sustain in a slowing economy, says a World Bank report. The study found that expenditures would grow 9.4% annually from 2015 to 2020, while GDP is projected to grow at 6.5%, meaning health costs would rise from 5.6% to over 9% of GDP by 2035. [image: How Hwee Young / European Pressphoto Agency]

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Australia's Dexus Property joins Ramsay Health Care in hospital play

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21-Jul-16 Australia's Dexus Property Group is making a move into the AUD172 bn (USD128 bn) healthcare sector, forging a partnership with Ramsay Health Care. The property giant has joined forces with the private healthcare provider to build a 128-bed private hospital in Sydney’s St Leonards that will help consolidate the precinct as the country’s primary medical hub. [image: Richard Polden]

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Raffles Medical to spend SGD1 bn to expand in Asia

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21-Jul-16 Singapore's biggest healthcare provider Raffles Medical Group will spend SGD1 bn (USD737 mn) over the next three years to set up hospitals and clinics in Asia, group chairman and co-founder Loo Choon Yong said. About SGD600 mn will be used to spur growth outside Singapore, particularly in China, where an ageing population and reforms are expected to boost demand. [image: Raffles Medical Group/ST File]

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Health IT and eHealth top digital health expectations in Asia

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18-Jul-16 Health IT and eHealth are two of the most promising areas of Digital Health in the Asia-Pacific region, a Global Growth Markets survey has found. Countries that showed the strongest support include two of the largest, where current penetration levels are relatively low: China and Indonesia. EHR market growth in APAC is higher than the global average, and this faster growth is expected to continue.

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