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Australian EHR system, My Health Record receives funding to 2020

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09-May-17 Australia will provide AUD374 mn (USD280 mn) over the next two years to continue and expand its My Health Record System. The costs will be partially offset by delivering health system efficiencies when used by doctors, specialists and hospitals. [image: Australian Digital Health Agency]

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Raffles to launch second hospital project in China

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09-May-17 Raffles Medical is developing two international tertiary hospitals in China. The new 700-bed hospital in Chongqing and the soon to be completed 400-bed capacity Raffles Hospital Shanghai are expected to start operations at the end of 2018. [image: Raffles Medical Groiup]

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China's Ping An launches USD1 billion health care fund

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05-May-17 China's Ping An Insurance is launching its first overseas fund to invest in and health care tech worldwide. The fund will look for investments in early stage fintech and healthcare technology firms around the world. [image: Jerome Favre / Bloomberg / Getty Images]

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TPG and General Atlantic join to acquire India's Fortis

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04-May-17 Private equity companies TPG and General Atlantic have joined forces in a bid to acquire Fortis Healthcare, India’s second-largest hospital chain by market value. The deal, if concluded, will also involve the purchase of the diagnostics arm SRL. [image: ET Healthworld]

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Singapore's artificial intelligence to get SGD150 mn boost

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03-May-17 Singapore's National Research Foundation will be investing SGD150 mn (USD106 mn) into a programme aimed at boosting AI capabilities over the next five years, focusing on start-ups and development in finance, city management and healthcare. [image: Access AI]

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