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Traditional Chinese medicine hospitals growing

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14-Jan-16 The number of traditional Chinese medicine (TCM) hospitals in China has increased by 500 in five years, a rise of 16%. In 2014, TCM became a RMB730 bn (USD111 bn) industry, representing one third of the total output of China's medical industry. [image: UPI_Stephen Shaver]

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Abraaj Group to acquire CARE Hospitals​ in India

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13-Jan-16 The Abraaj Group, a leading investor in global growth markets, has agreed to acquire a majority stake in Quality CARE India Limited, one of the largest multi-specialty healthcare providers in India. Headquartered in Hyderabad, CARE is the fifth largest healthcare provider in India, operating 2,600 beds across 16 hospitals in nine cities. [image: The Abraaj Group]

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Singapore government to invest in digital health startups

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13-Jan-16 Electronics giant Philips and the Singapore Economic Development Board have agreed jointly to invest in digital health companies, especially in the area of population health management. The companies will be selected based on their ability to drive innovations in areas like telehealth and healthcare informatics. [image: AFP / Koen van Weel]

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Hong Kong pledges more money for public hospitals

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13-Jan-16 Public hospitals in Hong Kong will get an additional 5,000 beds and 90 operating theatres in the next 10 years as part of a HKD200 bn (USD26 bn) bundle of development projects to cope with a rapidly ageing population, Chief Executive Leung Chun-ying has said. [image: SCMP Pictures]

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Samsung and Haryana sign Smart Healthcare agreement

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12-Jan-16 Samsung India and the Department of Health have signed an agreement to introduce the Samsung Smart Healthcare programme to Haryana. The initiative has been designed to provide government hospitals with state-of-the-art medical equipment with the aim of making affordable healthcare accessible to the large number of patients from Gurgaon and neighbouring localities, especially from the economically weaker sections. [image: Samsung]

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