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Yangon Declaration signed for ASEAN medical partnership

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15-Sep-15 Five ASEAN private hospital associations have endorsed the “Yangon Declaration” in a bid to enhance cooperation and jointly develop medical service standards in the region. The associations from Thailand, Myanmar, the Philippines, Malaysia and Vietnam reached an agreement to deepen cooperation during the Hospital Management Asia (HMA) 2015 held in Yangon. [image: Myanmar Business Times / TPHA]

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Philippines targets USD10b market for healthcare IT services

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14-Sep-15 In the next decade, the Philippines healthcare information management services (HIMS) sector targets to quintuple its revenues from US$1.3 billion last year to US$9.8 billion in 2020. The HIMS sector is transforming fast due to changes in the healthcare environment where patients now demand for more participation in their care management programs. [image: HIMS Conference]

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Australian health care firms eye Asia for growth

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11-Sep-15 Australia’s third-largest for-profit hospital operator, Healthe Care, and cardiac testing firm Cardioscan, say that a tough operating environment in Australia means successful operators could expand more profitably overseas. Cardioscan recently introduced its myPatch Holter wireless heart monitor to Hong Kong. Healthe Care, which is set to be put up for sale, says it could work well with a Chinese owner. [image: The Australian]

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Hamstrung by red tape, hospital operators buy their way into India

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10-Sep-15 Parkway Pantai, a unit of the world's second largest healthcare group by market value, IHH Healthcare Bhd, intends to use acquisitions to expand in India, where the private hospitals market is estimated to be worth USD55 billion a year, but companies must obtain as many as 70 clearances from federal and local authorities to launch a new facility. [image: Reuters / Shailesh Andrade]

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