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Mitsui preparing entry into Japan's hospital industry

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28-Jul-16 With hopes of breaking into the Japanese medical industry one day, trading house Mitsui will deepen its hospital management experience by investing USD101 mn in a 16% stake in Columbia Asia, the largest hospital operator in Asia serving middle-class patients. Columbia Asia specializes in outpatient and simple treatments, and owns 28 medical facilities in four countries. [image: W3LiveNews]

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Zimmer Biomet collaboration in India with Indo UK Institutes of Health

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20-Jul-16 Zimmer Biomet announced a collaboration with the Indo UK Institutes of Health that will increase the capacity of India's healthcare infrastructure. The first phase involves establishing the Zimmer Biomet Institute of India, a medical training and education facility in Andhra Pradesh which will help improve the delivery of and access to high-quality healthcare by training over 1,000 orthopaedic surgeons annually. [image: Zimmer Biomet]

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Apollo expects foreign patient numbers to double

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21-Jul-16 One of India’s leading hospital groups, Apollo Hospitals, expects business from international patients to double in the next three years. International patients pay a premium for treatment, so business from medical tourists, travellers and expatriates is profitable. 10-15% of revenue is from foreign patients and the company expects this to go up to 25% in three years. [image: Indialine]

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Australia's Dexus Property joins Ramsay Health Care in hospital play

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21-Jul-16 Australia's Dexus Property Group is making a move into the AUD172 bn (USD128 bn) healthcare sector, forging a partnership with Ramsay Health Care. The property giant has joined forces with the private healthcare provider to build a 128-bed private hospital in Sydney’s St Leonards that will help consolidate the precinct as the country’s primary medical hub. [image: Richard Polden]

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Raffles Medical to spend SGD1 bn to expand in Asia

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21-Jul-16 Singapore's biggest healthcare provider Raffles Medical Group will spend SGD1 bn (USD737 mn) over the next three years to set up hospitals and clinics in Asia, group chairman and co-founder Loo Choon Yong said. About SGD600 mn will be used to spur growth outside Singapore, particularly in China, where an ageing population and reforms are expected to boost demand. [image: Raffles Medical Group/ST File]

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