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Treatment quality in Vietnam to improve after service hike

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13-Aug-15 Approval of adjusted fees for over 17,500 medical procedures is expected in Vietnam. Once approved, cost per bed will surge by US$0.45-US$0.90 a day; and operation cost will increase by US$13.57-US$67.87 per case. The Department of Medical Examination & Treatment said the new fees will improve examination and treatment quality and offer fairer competition between private and public hospitals. [image: Vietnam Breaking News]

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Fullerton Healthcare acquires major stake in Hong Kong Medical Group

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13-Aug-15 With a view to further expanding its pan-Asia presence, Singapore's Fullerton Healthcare recently inked a deal to acquire a majority stake in HMMP Limited, a medical network based in Hong Kong. The acquisition will help Fullerton in its mission to transform healthcare standards across Asia, and make it more accessible and affordable, the company said. [image: Fullerton Healthcare]

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Asian American Medical Group targets Chinese healthcare market

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13-Aug-15 Singapore based Asian American Medical Group is planning to develop a diagnostic and wellness centre in Zhuhai, China, to leverage on the growth of medical tourism. AAMG’s planned Zhuhai-Singapore Life Science Park will offer health screening, endoscopic and operation services, and multi-disciplinary medical consultations. The company will be fully backed by the University of Pittsburgh Medical Center. [image: Proactive Investors Australia]

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KPJ Healthcare to spend on 10 new hospitals in Malaysia

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12-Aug-15 KPJ Healthcare Bhd, Malaysia's largest listed healthcare group, will spend RM1.5 bn (USD365 mn) to build 10 new hospitals there. The proposed hospitals will add 2,000 beds to the group, bringing the total to 5,000. KPJ currently operates 25 hospitals in Malaysia, two in Indonesia and one in Bangladesh, as well as a 23% stake in Vejthani Hospital in Bangkok. [image: KPJ Healthcare]

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Parkway buys majority stake in India’s Global Hospitals

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05-Aug-15 Malaysia's IHH Healthcare Bhd, through its wholly-owned subsidiary Parkway Holdings, is reported to have acquired a 74% stake in Hyderabad-based Global Hospitals Group for an equity value of INR1,800 crore (USD277 mn). in March 2015 IHH acquired a 51% stake in Hyderabad-based Continental Hospitals. It also already owns a 10.5% stake in India’s Apollo Hospitals. [image: IHH Healthcare Berhad]

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