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Medical tourism trends in the CIS

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07-Mar-17 In 2016, the most people from CIS countries looking for treatment abroad were from Russia, Ukraine and Kazakhstan. The Russian Federation and Belarus hold 57% of the total CIS market, with similar preferred destinations. Both countries preferred Germany and Israel for treatment in 2016. Most patients going abroad went for oncology, orthopaedic, neurosurgery and ophthalmology treatment. [image: IMTJ]

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Singapore's EDBI and Philips to boost their health care investments in Asia

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07-Mar-17 Singapore-based EDBI and Royal Philips aim to accelerate their joint investment alliance and partner with more innovative companies in the digital health sector. This ambition is in line with Singapore’s latest focus to strengthen its position as a leading digital health hub. CXA Group, the employee benefits and wellness marketplace platform, is the first to receive funding from the alliance. [image: Singapore Business Review]

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Apollo stake sale seen to consolidate IHH Healthcare's India investments

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06-Mar-17 IHH Healthcare, Asia's largest hospital operator by market value, has sold a USD160 mn stake in Apollo Hospitals in a deal that will consolidate its investments in India. It operates >10,000 beds in 52 hospitals across 10 countries, with Malaysia, Singapore, Turkey and India making up most of its MYR10 bn (USD2.2 bn) revenue in 2016. [image: The Economic Times]

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Medical tourism in Germany losing Russians

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06-Mar-17 In 2014 Russia was the most important source of medical travelers to Germany with about 9,800 inpatients. In 2015, however, the German medical tourism industry recorded a decline of 32 percent for Russian patients. The reason was most likely the EU's economic actions against Russia in the wake of the Crimean annexation. Treatments became quite costly for Russian travelers. [image: Tourism Review]

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