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HK govt increases budget allocation for healthcare

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03-Mar-15 Hong Kong will continue to increase healthcare spending. In the 2015-16 budget, allocation to the Hospital Authority will increase nearly 50%. Financial Secretary John Tsang said the growth of the elderly population will push up demand for healthcare. He said the government will carry out projects to provide an additional 2,000 beds. [image: Healthcare Innovation]

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China unveils plans for national telemedicine network

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16-Feb-15 In January 2015 China's National Health and Family Planning Commission (NHFPC) published an ambitious plan to build a uniform national telemedicine network. The document is a visionary 200-page blueprint for the creation of an interoperable, uniform service network, designed to allow patients and medical institutions to enjoy seamless telemedicine services anywhere in China. [image: Health Care Law Today]

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China anti-corruption effort focuses on major medical institutions

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24-Feb-15 China's National Health & Family Planning Commission (NHFPC) Work Plan states that, in specific years during 2015-2017, 40+ listed large medical institutions will be inspected by regulators. Although larger medical institutions are the focus of this inspection campaign, the NHFPC Work Plan is aimed at sending a broader message to institutions and businesses in the healthcare sector throughout China. [image: Healthcare Law Insights]

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China Jo-Jo joins Alibaba Health e-prescription platform

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12-Feb-15 Through Alibaba Health's new mobile app, Alijk, patients can now upload and send a prescription to a nearby pharmacy to check the availability of medicines, compare prices and eventually make a payment. Pharmacies partnering with Alibaba Health, such as China Jo-Jo which has recently joined the platform, can then fulfil orders in-store or by home delivery. [image: Healthcare Innovation]

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Ageing China draws investors to its "hot" healthcare sector

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10-Feb-15 Encouraged by a relaxation of ownership rules in 2014 and a rapidly ageing population, PE firms and industry players are investing in China’s hospitals, pharmaceutical companies and device makers. The prospect of 223 million people aged 65+ by 2030 is enticing, despite risks such as rising valuations and a dearth of doctors. [image: Reuters]

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