NEW YORK: Mergers and acquisitions in China’s healthcare sector rose to a record $11.3 billion in the first 11 months of 2014, up 13 percent from $10 billion in the same period a year earlier, according to Dealogic data. And a number of deals have followed as a result of the central government’s liberalization policy.
Chindex said it has just signed one deal to manage and build hospitals in China, and after expansion over the past decade into Italy, Ireland, and the UK, UPMC has announced that it is preparing to make its first move into China with “a wealth of potential projects”.
“We are looking at China as one of our primary targets for expansion,” said Chuck Bogosta, president of UPMC’s International and Commercial Services Division…