26-Oct-16 Columbia China is reopening the 232-bed Shanghai Kaiyuan Orthopedic Hospital, after spending USD75 mn to acquire and retrofit it. Columbia China plans to expand through acquisitions and greenfield projects. “Shanghai Kaiyuan Orthopedic Hospital is positioned to be the Orthopedic Center of Excellence in joint, spine, minimally invasive surgeries and sports medicine,” said Bee Lan Tan, President of Columbia China. [image: Columbia China]

17-Oct-16 Singapore's medical tourism receipts were SGD1.1 bn (USD791 mn) in 2012, dropping to SGD994 mn (USD715 mn) in 2014. Southeast Asia's medical tourists are looking elsewhere for treatment. In Singapore, a hip replacement at a private hospital costs SGD14,000. The same procedure at Mahkota Medical Centre in Malaysia - which treats 80,000 foreign patients annually - costs only SGD8,800. [image: The Straits Times]

21-Oct-16 Paras Healthcare plans to launch a 220-bed specialty hospital and cancer center in Panchkula, India. The hospital will be the second healthcare facility launched in Panchkula by Paras Group. [image: Healthcare Design]

20-Oct-16 Verb Surgical, J&J’s joint venture with Verily Life Sciences, plans to produce 'truly robotic' system that will improve surgical outcomes worldwide. "If you go to Shanghai, quality of care is actually quite good, at the Shanghai Hospital... Go 40 kilometers north... not so good,” said J&J medical devices chairman Gary Pruden. “Our goal is to democratize surgery." [image: OrthoFeed]

19-Oct-16 Singaporean state investment firm Temasek Holdings is making a bet on China’s growing healthcare market, investing SGD250 mn in a joint venture focused on the country with Columbia Pacific Management, a Seattle-based healthcare provider with operations in China. Columbia Pacific operates a hospital, two specialty clinics and three senior living facilities in China. [image: The Business Times]