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Global foundation launches value-based healthcare pilots

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28-Apr-17 The World Economic Forum plans pilot programs of a new healthcare model that would pay for treatment based on how well it works rather than volume of care. Signatories include Novartis, Takeda, Medtronic, Kaiser Permanente, Qualcomm's health-data unit, and health officials from the Netherlands and Britain. Regional pilots are planned for The Netherlands, Singapore and China. [image: Reuters]

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Xinjiang emerges as medical tourism hub

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21-Apr-17 Xinjiang isn't widely regarded as a medical tourism destination by Chinese. But for people from Central Asia, it's a different story. Xinjiang's medical industry has become a promising part of the Belt & Road Initiative. As the regional capital, Urumqi boasts dozens of medical institutes and diversified traditional medical resources, including Traditional Chinese Medicine (TCM), Uygur medicine, and Mongolian medicine. [image: news.cn]

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China’s challenges in healthcare innovation

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20-Apr-17 As China develops, it struggles to deal with wrenching healthcare challenges. It produces few breakthrough innovations in medicine and healthcare technology. New investments and policy reforms, however, could transform China into one of the top R&D hubs. The Chinese government recently enacted new programs to stimulate entrepreneurship, bolster domestic research institutions, and promote innovative approaches to upgrading the healthcare system. [image: Techonomy / Shutterstock]

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Medtronic’s Ishrak sees Chinese health reform as boon to the medical device business

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14-Apr-17 Healthcare reform in China could be a major boon to Medtronic, says CEO Omar Ishrak who told the China Daily "in 10 years, probably, the Chinese market would have outpaced the US market." Ishrak added, Medtronic would open a heart-valve manufacturing site in Shanghai, saying "the facility would help relieve the shortage of such valves in China and globally." [image: Medtronic]

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China's Aier Eye Hospital sets its sights on Spain's Clinica Baviera

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14-Apr-17 China's Aier Eye Hospital plans to purchase the largest listed eye-clinic group in Europe, making it the world's largest ophthalmic medical group. It announced an offer to buy Spain's Clinica Baviera SA, specializing in laser eye surgery, with its 280 ophthalmologists and 76 eye clinics in Spain, Germany and Italy. The acquisition will cost Aier EUR152 mn (USD162 mn). [image: Ge Yinian / China Daily]

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