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Experts say Chinese government's county-level hospital reforms seriously underfunded

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22-Oct-15 China's recently-announced reform of county-level hospitals is seriously underfunded, according to experts. Fudan University professor Hu Shanlian said "Now that hospitals are no longer allowed to mark up drugs, the drop in their revenue is huge". Hospitals are expected to raise service fees to compensate, however this may also raise expenses for patients, defeating the purpose of the reforms. [image: South China Morning Post]

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Hong Kong to keep medical staff on the job after retirement age

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16-Oct-15 Hong Kong's Hospital Authority has narrowly averted a specialist doctor manpower crisis by raising their retirement age from 60 to 65. Under a scheme costing HKD570 mn (USD74 mn), 60 out of 100 doctors who were to retire this year will continue their service. Serving 90% of patients with only 40% of doctors, Hong Kong's public hospitals are chronically understaffed. [image: SCMP]

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Japan's drug regulator PMDA plans India office

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15-Oct-15 Japan's drug regulator, the Pharmaceuticals and Medical Devices Agency (PMDA), is set to open an India office soon. The move is expected to help Indian generic drug manufacturers, which have been seeking to increase their presence in Japan either through exports or by forging joint ventures with partners in that country. [image: The Economic Times]

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China to spend USD1.5b on hospital reform in 2016

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08-Oct-15 China will spend RMB9.8 bn (USD1.54 bn) to subsidise public hospital reform in 2016, the Ministry of Finance said. China's healthcare reform drive is facing a number of obstacles, including a perceived lack of support from central government and challenges of private firms working within the huge, fragmented public sector. [image: AFP / Ed Jones]

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India plans medical device parks to boost sector

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05-Oct-15 India plans to set up two medical devices parks to facilitate the sector's growth, which is currently at a nascent stage. The government has identified 400 acres near Chennai and 100 acres at Hyderabad for the parks. The domestic market is worth $6.8 bn, but only one-third is locally manufactured. India also exports $1 billion of medical devices. [image: Business Standard]

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