09-Mar-17 Chinese company BOE has invested USD50 mn in Israeli company Cnoga Medical. BOE is a Chinese laboratory equipment company that wants to establish itself as a leader in the medical sector. Cnoga has developed a series of devices for non-invasive measurement of a range of health parameters through optical diagnosis of the changing color shades of a finger. [image: Globes]

05-Jan-17 Airline group ANA is getting into the medical tourism trade, looking to make long-term fliers of affluent Chinese and others seeking quality care in Japan. It will offer packages for Chinese travelers, partnering with Kameda Medical Center in Chiba Prefecture. Kameda began offering checkups for Chinese customers in 2010 and now serves around 200 visitors a year. [image: ftnNEWS]

02-Mar-17 China’s Hony Capital backed Hospital Corporation of China has launched a Hong Kong IPO to raise as much as HKD500 mn (USD64 mn). HCC plans to consolidate its medical resources in the region and establish medical service centers. HCC owns two hospitals, Yangsi Hospital and Fuhua Hospital, located in Shanghai. [image: Hospital Corporation of China]

 Articles

Chinese citizens are leaving their homes in search of the best care available, or care that they desperately need. Some 483,000 people travelled outbound from China for healthcare in 2015. These medical travellers spent USD6.3 billion on treatment and a further USD3.4 billion on travel and accommodation.

24-Feb-17 China has launched the “two-invoice” system in drug distribution on a trial basis, aiming to improve transparency in drug prices and eliminate excessive profit margins associated with multi-tier distribution models. The two-invoice system had been debated for over a decade. The system is expected to be fully implemented in public hospitals by the end of 2018. [image: Global Compliance News]