23-Jul-15 Korea's Ministry of Health & Welfare compared the Korean National Health Accounts and Total Health Expenditure data for 2014 to the OECD’s Health Data and announced that the Korean government’s public financial resources accounted for 55% of the country’s national health expenditures. Conversely, the average of the 34 OECD member countries was as high as 72%. [image: Business Korea]

22-Jul-15 Under a collaborative agreement, Pittsburgh-based UPMC is one step closer to opening an international medical center in Changsha, China. In Aug-14 UPMC announced a five-year agreement to open the 3,500 bed Xiangya International Medical Center. So far, four floors of the building have been renovated, and UPMC has also trained staff in customer service, infection control and other areas. [image: Pittsburgh Post-Gazette]

15-Apr-15 Representatives from Myanmar's Ministry of Health have toured the cardiac care department at Aurora St. Luke’s Medical Center in Milwaukee, to gain knowledge and solutions as it seeks to build its own emerging healthcare infrastructure. They also plan to visit med tech companies Varian, Medtronic and Hill-Rom, and hospitals Mayo Clinic and The Heart Hospital Baylor Plano. [image: Biz Times]

15-Apr-15 Chinese trade officials said recently China will streamline regulations on the entry of medical devices and pharmaceuticals from the United States. The promises from Chinese regulators about the medical device and pharmaceutical industries are expected to lead to an increase in US exports and US jobs in these two sectors. [image: Securing Industry]

08-Dec-14 87% of people in major markets around the globe believe that using technology to monitor health on-the-go will be the most important future medical innovation, according to research sponsored by GE Healthcare. People in Brazil also want shorter waiting times; those in India want better quality healthcare. [image: GE Healthcare]