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Australian start-up HealthEngine secures USD27 mn in funding

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04-Apr-17 Australian online medical appointment booking website HealthEngine secured USD27 mn in investment to fund its local and global expansion ambitions. The Perth-based start-up was founded in 2006 and is already used by more than 1 mn people in Australia every month who can book appointments with more than 15,000 doctors and other healthcare professionals. [image: HealthEngine]

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Softening of Singapore's medical tourism nudging health groups into new geographies

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29-Mar-17 Singapore's medical tourism market is seeing it's well-heeled customers looking elsewhere for healthcare of late. A range of Asian countries are offering increasingly competitive levels of quality at more competitive prices. To address this problem, companies such as Raffles Medical Group, Parkway Pantai, and PanAsia Surgery Group are now investing in medical facilities outside Singapore to remain competitive. [image: Alphonsus Chern]

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India's HealthCare atHOME raises USD40 mn to fund expansion

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03-Apr-17 HealthCare atHOME plans to use USD 40mn in private equity investment to capitalise on the home healthcare market in India that is forecasted to reach USD8.4 bn by 2020. The company currently has around 800 employees and plans to scale to 15,000 in three years as well as increase its geographic coverage in India. [image: Healthcare atHome]

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India's KIMS gets USD200 mn investment from True North

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30-Mar-17 A USD200 mn investment from True North will fund KIMS Group's growth plans across India and the Middle East as the company strives to "become one of the largest healthcare providers in India and the Middle East in the next 3 to 5 years". KIMS is a hospital chain in Kerala with 1,500 beds across 6 hospitals.

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India's Gleneagles Global Hospitals to invest USD32 mn for expansion

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29-Mar-17 Gleneagles Global Hospitals of India will invest USD32 mn to double its size in the next five to seven years as it seeks to become a dominant player in clinical healthcare in the country. The company will focus on quality medicare, strengthening patient care and conducting frontier research, according to its Chairman K Ravindranath. [image: Gleneagles Global Hospitals]

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