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India's Wockhardt charts growth plan

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14-May-15 India's Wockhardt Hospitals, part of the Habil Khorakiwala-promoted Wockhardt Group, has chalked out an expansion plan, looking at adding two hospitals every year, particularly in tier-I and tier-II cities. In 2014, the firm opened a 350-bed hospital in south Mumbai, its first in four years. [image: Mint]

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Plan to scrap drug mark-up in China's county hospitals may impact quality

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13-May-15 China's State Council has published a plan to overhaul thousands of public county hospitals nationwide. A key reform is barring a 15% drug mark-up, which some say causes over-prescription of expensive imported drugs. An economist at the University of International Business & Economics in Beijing said hospitals will now have to raise prices on other services or lower quality levels. [image: Caixin Online]

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Pfizer's foray into Laos healthcare market

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13-May-15 In a bid to expand further into Southeast Asia, Pfizer has struck an agreement on the Laos market with distributor DKSH. Under the deal, DKSH will be the sole market expansion services provider for Pfizer's entire range of pharmaceutical products in Laos. The agreement is an extension of a successful collaboration that also includes Cambodia and Thailand. [image: Bio Spectrum]

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Taiwan's healthcare success story

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13-May-15 Taiwan's National Health Insurance (NHI) system is renowned for providing easy access to high-quality medical services. Over 99% of the population is enrolled in the single-payer NHI, and 93% of healthcare providers participate. The success of the system was not achieved overnight - development has been ongoing since 1995, and key success factors include special financing and adoption of technology. [image: Wikimedia Commons / Solomon203]

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Zhuhai Blue Ocean Aims to Raise USD1 billion in Hong Kong IPO

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13-May-15 Chinese hospital-investment firm Zhuhai Blue Ocean Strategy Medical plans to raise about USD1 bn in a Hong Kong initial public offering in the third quarter of 2015. Founded in 2010, the private company provides hospital management services and has formed business partnerships with over 300 hospitals across 200 cities. [image: Reuters]

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