09-Oct-16 The Manila-based Medical City hospital group is boosting its presence in the UAE, to promote medical tourism to the Philippines. It opened a AED10 mn polyclinic in Dubai in October 2015. It will be followed by more clinics in the city and the Northern Emirates in 2017, mostly through acquisitions. [image: The National]

05-Oct-16 Chinese conglomerate Fosun International is in advanced talks to acquire Hospital da Bahia, a Brazilian hospital in the city of Salvador, for about BRL1 bn (USD308 mn). Brazilian business daily Valor Economico reported that Fosun is also looking to spend an additional BRL2 bn on other acquisitions to form a Brazilian hospital chain. [image: Fosun International Ltd]

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29-Sep-16 Chinese companies have announced more than USD5.2 bn of overseas healthcare acquisitions in 2016, a 15-fold jump from 2012. "Even though China’s pharmaceutical industry is still in the middle of consolidation and price wars, we hope to escape from this and do more work in terms of innovation and internationalization," said Shao Yan, CEO of China Grand Pharma. [image: China Grand Pharmaceutical and Healthcare Holdings Ltd]

10-Aug-16 Medibank Health Solutions, the Australian health management and telehealth services arm of privatised health insurer Medibank Private, is set to be sold off. Likely interested buyers would be healthcare service provider Aspen Medical or another insurer such as Bupa. [image: Medibank]