Medical tourism boosts SE Asian hospital shares
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Umuh Muchtar was in such agony after botched surgery in Indonesia that he took a friend's advice and contacted a hospital in Singapore where he had his kidney stones removed a few days later.
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SHARES in Australian Pharmaceutical Industries surged more than 5 per cent today after the healthcare conglomerate moved to boost its retail pharmacy operations by acquiring health, beauty and lifestyle retailer New Price Retail for $112.
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The Asian Development Bank (ADB) said it has approved two loans totalling 213 million dollars to improve the health sector in the Philippines.
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Acute care hospital operator Select  Medical Corp. SEM.N said on Monday it is being bought out by  a private equity group for $2.3 billion, sending shares soaring  by 24 percent.
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Triad Hospitals Inc., up $6.38 at $49.65.   The hospital operator agreed to go private in a $4.7 billion deal from affiliates of CCMP Capital Advisors and Goldman Sachs.   Herbalife Ltd., up $7.02 at $40.12.
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The largest U.S. health insurer said higher premiums revenue helped offset a 10 percent rise in medical benefit costs.
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World's biggest company saw profits boosted by broad-based growth in its finance, transportation and health-care businesses.
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Insurers and fund managers are set to cash in on Asia&#39;s private pension industry, which is expected to grow nearly four-fold in 10 years as the world&#39;s most populous region grows older.
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US Medicare patients&#39; monthly premiums for outpatient care will jump a record US$11.60 next year, while deductibles for hospitalized patients will rise US$36, the biggest increase in 14 years, reported Monday&#39;s China Daily.
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FOR the past two years, Asian stock markets have been high on the favoured list for Britainâs pension and life assurance funds. Asia, particularly China, has offered the double attraction of strong current
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Thai Prime Minister Thaksin Shinawatra has one of Asia's most dynamic economies bolstering his re-election bid in February 6 polls, with a booming stock market, strong business confidence and solid fundamentals.
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Health insurer posted a rise in quarterly net profit as  increased membership boosted revenue.
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Asian stocks rose on Thursday, with an index of shares outside Japan at record levels for a second successive day, as strong earnings from U.S. computer maker Dell boosted shares in technology suppliers.
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Most Americans have gotten sizable life-extending bang for their medical bucks over recent decades, according to a study of health care value.
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Ayurveda, an ancient Hindu healing method, has seen a resurgence as India vies for a share of the lucrative Asian medical tourism market by offering traditional massages and beauty treatments to wealthy tourists.
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Five stocks in the health-care sector that are poised for growth.
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In the long run, happy patients make happy shareholders.