Hospitals & Healthcare News

This section covers the managerial aspects in the Healthcare industry.

Malaysia's IHH buys 51% stake in India's Continental Hospitals for $45.4 million

Tuesday, March 24, 2015

Malaysia39s IHH Healthcare Bhd Asia39s largest hospital operator by stock market value said on Monday it had bought a 51 stake in Indiabased Continental Hospitals Ltd for 16673 million ringgit 454 million The deal comes one week after Singapore39s Competition Commission blocked IHH39s plan to buy ..

Manchester’s health revolution will be a beacon for the rest of the UK

Monday, March 23, 2015

If you are poor and therefore more prone than others to illhealth the NHS does little to equalise your chances It is the shocking truth about an institution that sits at the core of our citizenship A boy raised today in Gorton east Manchester can expect to die almost 15 years sooner than his Chelsea..

Researchers use Artificial Intelligence to reimagine health care

Monday, March 23, 2015

Machine learning can cull through big data to find information doctors need to better treat patients Two patients receiving the same treatment for breast cancer may be entirely different in significant ways One may be a marathon runner the other a more sedate reader One might be a smoker while the..

Transatlantic Trade and Investment Partnership’s healthcare chapter to focus on medicines approval

Monday, March 23, 2015

Despite widely diverging approaches to public healthcare services the United States and the European Union still believe the Transatlantic Trade and Investment Partnership TTIP will enhance regulatory cooperation chiefly on medicines approval In Europe universal healthcare is a source of national p..

MDevSpice, a new framework to raise safety and software standards in medical device manufacturing

Monday, March 23, 2015

Medical devices such as pacemakers are almost taken for granted these days They greatly improve quality of life and most people have them fitted and think no more about it However many of these devices are underpinned by complex software and sometimes it goes wrong Not surprisingly those developing..

Former New York City Mayor Michael Bloomberg backs health-data push

Monday, March 23, 2015

Philanthropic foundation Australia to aid improved collection of health and mortality figures in 20 countries Former New York City Mayor Michael Bloomberg has spent hundreds of millions of dollars on publichealth causes from battling smoking to reducing trafficrelated deaths Now he is putting milli..

NSW Labor promises $323 million Concord Hospital redevelopment

Friday, March 20, 2015

NSW Labor would spend 323 million redeveloping Concord Hospital to provide world39s best cancer treatment if elected rejecting suggestions the move is aimed at bolstering support in key inner west seats At Concord Hospital on Wednesday Opposition leader Luke Foley said rapid urban development in su..

Vivo Capital Closes $750M Sino-US Healthcare Fund

Friday, March 20, 2015

SinoUS healthcare investment firm Vivo Capital has reached final closing of its eighth fund Vivo Capital Fund VIII LP at US750 million according to a company announcement With offices in Palo Alto California as well as in Beijing and Shanghai in China Vivo Capital says the latest closing will bring..

Florida Legislature faces $5B health care spending 'chasm' between House, Senate proposals

Friday, March 20, 2015

The Florida House and Senate rolled out vastly different health care spending plans Thursday putting the two chambers on a collision course over the states 77 billion budget The dueling health care proposals are 5 billion apart more than the entire budget for the state of Vermont The Senate versi..

Collective Health raises $38M with demand rising for employer self-insurance platform

Thursday, March 19, 2015

Collective Health believes the answer to the problem of outofcontrol health care costs starts with employers Today 150 million Americans receive health insurance coverage through their employer San Mateo Californiabased Collective Health helps employers cut out the insurance company middleman and c..

OviaMedsafe's Materio-Vigilance to ensure safety of Indian medical devices

Thursday, March 19, 2015

Subsequent to the approval of the Union health ministry for establishing MaterioVigilance Programme of India MvPI to ensure the safety of medical devices and report their adverse events the Coimbatore based pharmacovigilance company OviaMedsafe has started discussions to offer their services to dome..

Malaysia’s Qualitas Healthcare Corp seeks to file IPO

Thursday, March 19, 2015

Malaysias Qualitas Healthcare Corporation is the latest Southeast Asian healthcare company seeking to float its shares and early indications are that investors are keen on the company A handful of institutions all Malaysian have signed nondisclosure agreements to come in as cornerstone investors ..

The Massachusetts Life Sciences Center awards $17 million for hospitals, schools

Thursday, March 19, 2015

The Massachusetts Life Sciences Center said it was giving more than 17 million to colleges hospitals and schools in Greater Boston State officials made the announcement at Roxbury Community College which will receive 3 million to overhaul its outdated lab training classrooms and is one of the large..

Piramal Enterprises shares surge on plans to acquire Apollo's Health Super HiWay

Wednesday, March 18, 2015

Shares of Piramal Enterprises surged as much as 35 per cent to hit intraday high of Rs 917 after the company said that it is in talks with Apollo to buy its health information network company Health Super Hiway The company in a statement to the Bombay Stock Exchange said as part of its growth strat..

HealthStream closes acquisition of HealthLine Systems

Tuesday, March 17, 2015

HealthStream a leading provider of workforce development and researchpatient experience solutions for the healthcare industry announced today that it has completed the acquisition of San Diegobased HealthLine Systems Through this transaction marketleading products for credentialing privileging quali..

Cleveland Clinic collaborate's with Akron Children’s Hospital for heart care

Tuesday, March 17, 2015

Cleveland Clinic has signed an affiliation agreement with Akron Childrens Hospital to bring together certain elements of the two institutions heart care programs Under the agreement the Clinic and Akron Childrens will align their pediatric and adult congenital heart surgery programs and their adult..

Developing acute hospital in Ireland at €350m to ease pressure on Cork University Hospital

Monday, March 16, 2015

A NEW greenfield acute hospital aimed at easing pressure on Cork University Hospital will cost almost 350m to develop The revelation came as Health Minister Leo Varadkar has been urged by a fellow Government minister to consider a docklands site for the ambitious project European Affairs Minister ..

Competition Commission of Singapore blocks IHH Healthcare's acquisition of RadLink-Asia

Monday, March 16, 2015

The Competition Commission of Singapore CCS has blocked IHH Healthcare Bhds proposed acquisition of RadLinkAsia as it would reduce competition According to a statement issued on Monday the CCS said the proposed transaction would result in a substantial lessening of competition SLC in affected marke..

Pegasus Therapeutics seeks to develop and test device prototype for Kawasaki Disease diagnosis

Monday, March 16, 2015

By the time Aubry Shackelford39s fiveyearold daughter was diagnosed with Kawasaki Disease the virus had already extensively damaged her heart The disease which affects an estimated 4000 US children under the age of five annually causes inflammation in the walls of mediumsized arteries throughout th..

IHH Healthcare scraps plan to buy India's Fortis Healthcare's Singapore unit

Saturday, March 14, 2015

Malaysia39s IHH Healthcare Bhd Asia39s largest hospital operator by stock market value has scrapped its proposal to buy Singapore39s RadlinkAsia Pte Ltd for 34653 million ringgit 9331 million The company said the deal fell through due to nonsatisfaction of certain conditions in the sales and purcha..