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Indian healthcare startup Practo lays off 150 people

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08-Apr-17 Indian online doctor discovery and healthcare tech platform Practo has laid off 150 employees following its annual appraisal. The company said “this is a combination of performance and natural redundancies that emerge as we evolve our businesses and integrate our five acquisitions. We continue to rapidly grow our consumer and enterprise businesses and will continue to hire talent across the board”. [image: Times of India]

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Columbia Pacific acquires Serene Senior Care in India

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10-Mar-17 Seattle-based Columbia Pacific, owner of Columbia Asia Hospital Group, has acquired Serene Senior Care, a leading player in the housing segment for senior citizens in India. Columbia Pacific said it will significantly expand its senior housing portfolio over the next five years. It currently operates 735 units in South India, and plans to expand to 1,700 units by fall 2017. [image: Corp Expansion]

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India's Tech Mahindra to buy US healthcare provider

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07-Mar-17 Tech Mahindra said it would buy US healthcare IT services provider, the HCI Group, for an enterprise value of USD110 mn, as it looks to increase its presence in the healthcare space. “Healthcare is one of the few sectors globally that is driving adoption of digital technologies," said CP Gurnani, CEO of Tech Mahindra. [image: The Indian Express]

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Toshiba to sell medical leasing unit to Canon

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22-Feb-17 Embattled Japanese electronics maker Toshiba is selling its 65% stake in medical equipment leasing company Toshiba Medical Finance to Canon for JPY3.14 bn (USD28 mn). It has been selling off lucrative businesses such as its computer-chip operations. [image: Koji Sasahara / AP]

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Health services in Romania in 2017

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22-Feb-17 Romanian healthcare is undergoing considerable reform and development. Both public and private healthcare are expected to improve, expand and develop. Private health networks continue to attract foreign investment. Regina Maria, the second largest player, carried out six investments in 2016. MedLife, the biggest private medical services provider, recorded turnover up 29% and made several acquisitions. [image: Pulse / LinkedIn / Jackie Bojor]

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