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Minister visit for new Australian hospital

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21-Nov-16 Construction of the AUD630 mn (USD471 mn) new Bendigo Hospital in Australia has been finished one month ahead of schedule. When it opens in 2017, it will have capacity for 372 inpatient beds, 72 same-day beds, 11 operating theatres, an integrated cancer centre, a new 25-bed maternity unit and an 80-bed mental health unit. [image: Bendigo Hospital Project]

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Mitsui to join KKR as an investor in Panasonic Healthcare

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18-Nov-16 Mitsui, one of Japan’s largest corporations, and investment firm KKR have announced the signing of a share purchase agreement for 22% of Panasonic Healthcare for JPY54.1 bn (USD510 mn). Panasonic Healthcare develops, manufactures, and sells blood glucose monitoring systems for diabetes. In Jan-16 it acquired Ascensia, formerly the diabetes care unit of Bayer. [image: Panasonic]

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Zulekha Healthcare launches multi-speciality hospital in India

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18-Nov-16 One of the UAE’s most prominent healthcare groups, Zulekha Healthcare, has expanded its reach to an international scale, opening a new hospital in Nagpur, India. Spanning an area of 225,000sqft, the 200-bed multi-speciality hospital provides international quality medical care across Cardiac Sciences, ENT, Orthopaedics, Neurosciences, Paediatrics, Internal Medicine, Urology, Nephrology, Gastroenterology, Endocrinology and Minimal Invasive Surgery. [image: Zawya]

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Malaysia's IHH sells 30% of unit to Chinese insurer

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14-Nov-16 IHH Healthcare, the largest Malaysia-based hospital operator by market capitalization, has divested a 29.9% stake in its indirectly held unit PCH Holding to Chinese firm TK Healthcare Investment. IHH's subsidiary, Parkway Group Healthcare will still hold a 70.1% stake in PCH Holding. PCH, formerly known as Parkway China Holding, holds a chain of clinics and hospitals in China. [image: IHH Healthcare]

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