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India's Fortis forms expert panel to assess binding bids

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 Insights

20-Apr-18 India's Fortis Healthcare is setting up a committee to assess bids for the company, excluding non-binding offers. This is a setback for Malaysia's IHH and China's Fosun, which had submitted non-binding offers and sought time for due diligence. [image: Medicare News]

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ICICI Lombard frontrunner for Star Health in India

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16-Apr-18 ICICI Lombard General Insurance has emerged as the frontrunner to acquire Chennai-based Star Health & Allied Insurance, edging past the competing consortium of WestBridge Capital and investor Rakesh Jhunjhunwala, valuing the company at INR6,000 crore (USD904 mn). [image: Business Medical Dialogues / Star Health]

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China’s private hospital revenue expected to triple by 2019

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13-Apr-18 The public healthcare system in China is overcrowded, particularly in level III public hospitals. The government has now opened the healthcare system to private investments and the Chinese government is now encouraging physicians to practice at multiple facilities. [image: China Med Device]

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