11-Aug-16 Australian medical device innovator Atomo Diagnostics announced it has raised AUD4.5 mn in new equity from professional investors. Former Macquarie Group Managing Director and CEO Allan Moss said, "Atomo has developed a remarkably user-friendly and accurate testing device which has the potential to assist greatly in detecting HIV and other diseases in Africa and globally." [image: Atomo Diagnostics]

11-Aug-16 Elderly healthcare in Vietnam has yet to meet the needs of aging patients due to lack of medical staff and resources for geriatric wards. Only 36% of provincial hospitals have geriatric wards. The Ministry of Health plans to enhance the capacity of geriatric wards, aiming at comprehensive health care services at hospitals. [image: The Voice Of Vietnam]

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]

10-Aug-16 South Korea bans doctor-patient virtual visits, and expects major demonstrations by doctors and activists when it comes up for a vote in the National Assembly. Medical professionals, including the 100,000 doctors in the KMA who successfully blocked telemedicine in 2014, are calling for "a slower, more collaborative plan of attack that establishes safety protocols." [image: Business Korea]

10-Aug-16 Government hospitals in Malaysia need 16,000 more beds, especially in the Klang Valley, to cater to the increasing number of patients. Malaysia now has a ratio of 1.85 hospital beds per 1,000 population, which does not reach the international standard ratio of 2.50. [image: Berita Daily]