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Medical travelers clamor for luxe US health care

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08-Feb-17 In 2016, nearly 300,000 foreign patients are estimated to have traveled to the US to seek medical treatments, according to Josef Woodman of Patients Beyond Borders. To entice medical travelers, top medical centers have been spending millions of dollars cultivating their facilities to attract international patients, Woodman noted. More recently, they are seeing a growing influx of patients from China. [image: PYMNTS.com]

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Medical Tourism market grows in Mexico

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07-Feb-17 The Mexican government and the private sector are constantly striving to improve the quality of service and obtain world recognized certifications, in order to become a more reliable destination for patients traveling out of the United States and other countries, who are seeking medical attention provided by qualified physicians, in state-of-the-art facilities at reasonable prices. [image: Global Health Intelligence]

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Singapore's CXA Group gets $25M, adds Facebook cofounder to board

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07-Feb-17 Singapore-based health technology startup CXA Group, which offers an employee benefits and wellness marketplace platform, has raised USD25 mn in Series B funding in a round led by B Capital Group and EDBI. The SaaS platform uses health screening, lifestyle risks, and data from claims and wearable sensors to predict future premium costs. [image: CXA Group]

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China's Vincent Medical invests USD3m in Israeli firm

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06-Feb-17 China's Vincent Medical Holdings has made a $3 million investment for a 15 percent stake in Isreal's InovyTec Medical Solutions, a company that makes medical devices for emergency medicine and trauma care. Vincent Medical Holdings, a Chinese holding company does research and development and manufacture and sale of medical devices. [image: Vincent Medical]

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Korean government to shell out KRW316 bn for bio tech

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03-Feb-17 The Korean government will invest KRW315.7 bn (USD276 mn) to secure original technologies for bio sectors such as new drugs, medical devices, future medical care, genomics and brain science in 2017. This includes KRW263 bn for bio-medical technology development projects. This year's budget is 31% more than last year’s. [image: Business Korea]

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