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Singapore's Luye Medical aquires Australia's third largest private healthcare group

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24-Apr-16 Australia's third largest private healthcare group, Healthe Care, officially became a member of Luye Medicals Group Pte Ltd (Luye Medical Group) after the acquisition from Australia's Archer Capital Fund was completed. Through this acquisition, Luye Medical has leapfrogged into the ranks of the largest international private medical groups in the region. [image: Luye Medical Group]

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Malaysia's IHH enters Eastern Europe

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21-Apr-16 IHH Healthcare, Asia's largest hospital operator, said that its Turkish subsidiary will invest EUR76 mn (USD86 mn) in healthcare facilities in Bulgaria. Istanbul-based Acibadem has signed deals to acquire wholly Tokuda Hospital. Separately, Acibadem also entered into a sale agreement for a 33% stake in City Clinic. The combined entities will become the largest private healthcare operator in Bulgaria. [image: IHH Healthcare Berhad]

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Vietnam hospitals strive to reduce overcrowding

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15-Apr-16 Vietnam's Municipal Department of Health said that the overcrowding in public hospitals is seen not only in inpatient wards but also with outpatients. In 2015, the number of outpatients in public hospitals was 34 mn, accounting for 23% of the country’s outpatients. One solution proposed is to combine state and private hospital services. [image: Tuoi Tre News]

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Chinese spur medical tourism in US

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15-Apr-16 The US is enjoying a record number of tourists from China and some have come for medical treatments they cannot get at home. "This is a relatively new thing in the last two years that many people from China have been coming to the US for medical care. Prior to that, there were very small numbers," said Spencer Koerner, medical director at Cedars-Sinai. [image: Li Ming and Cai Meng / China Daily]

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