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]

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]

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]

04-Aug-15 The Philippines has failed to meet five of its eight healthcare financing targets indicators. Data from the National Health Accounts showed missed targets for government share of spending on health, out-of-pocket health spending, local government share of spending, local government public health spending, and PhilHealth share of spending. 68% of total health spending was privately financed. [image: Health Market Innovations]

29-Jul-15 Raffles Medical Group, a major Singaporean private healthcare provider, has joined the Mayo Clinic Care Network. By joining the network, Raffles Medical's health specialists can seek advice from Mayo Clinic's physicians in the network on treatments and disease management. Physicians and specialists in the network can also share their expertise via online conferences to discuss medical issues. [image: Mayo Clinic Care Network]