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Parkway buys majority stake in India’s Global Hospitals

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05-Aug-15 Malaysia's IHH Healthcare Bhd, through its wholly-owned subsidiary Parkway Holdings, is reported to have acquired a 74% stake in Hyderabad-based Global Hospitals Group for an equity value of INR1,800 crore (USD277 mn). in March 2015 IHH acquired a 51% stake in Hyderabad-based Continental Hospitals. It also already owns a 10.5% stake in India’s Apollo Hospitals. [image: IHH Healthcare Berhad]

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New Delhi to get e-hospital portal

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05-Aug-15 With an aim of improving patient care and operational efficiency at its health centres, the New Delhi Municipal Council (NDMC) has approached the National Informatics Centre (NIC) for configuration of e-hospital portal in its Health Care Units. The e-hospital software will be loaded on cloud services, for the first time in India. [image: NIC]

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Health spending below target in Philippines

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04-Aug-15 The Philippines has failed to meet five of its eight healthcare financing targets indicators. Data from the National Health Accounts showed missed targets for government share of spending on health, out-of-pocket health spending, local government share of spending, local government public health spending, and PhilHealth share of spending. 68% of total health spending was privately financed. [image: Health Market Innovations]

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TCM provider Heshoutang launches online access

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03-Aug-15 Heshoutang, a Chinese provider of Traditional Chinese Medicine (TCM) remedies, has announced a virtual hospital offering 24/7 online access to diagnosis and doctors who see patients that don't require emergency care, through its website TCMTreat.com, including sending herbal remedies worldwide. [image: IT Business Net]

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ResMed to acquire China's Curative Medical

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31-Jul-15 Sleep disorder device supplier ResMed has signed a definitive agreement to acquire its Chinese counterpart Curative Medical. The announcement follows ResMed’s acquisition of CareTouch, a provider of internet-based solutions and therapy-focused resupply programs for home medical equipment providers, earlier in July. [image: ResMed]

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