Ghana in urgent need of Chinese diagnostic equipment

Chinese Medical Diagnostic EquipmentsFrom the Ghana Embassy in China Business Department was informed that Ghana in urgent need of Chinese medical diagnostic equipments.

Ghana's health care are manily private. There are very little high-end diagnostic equipment. At present, Ghana only has one NMR Unit, the patients should wait several days for the diagnosis.

Currently, China's diagnostic equipments industry develops quickly. There is a certain degree of exports to Africa. And the diagnositc equipments are relatively cheap. If China could strengthen personnel training and after-sale repair and other technical support, the country's products will be very competitive.

In 2008, the medical equipment exported to Ghana's reached 37.52 million U.S. dollars, representing 49 percent growth in 2007.

Originally Posted: Top Diagnosis

Diagnostic scan quality varies widely

Now, more than 95 million diagnostic imaging scans are done each year, generating about $100 billion a year in billings. However, it appears that a high percentage--somewhere from 20 percent to 50 percent of these tests--didn't help to diagnose a patient's condition, according to recent research.

The problem, observers say, is that insurers pay the same fee for scans that are done poorly or well. Though a 10-year-old scanner produces dramatically different results than a new one, there's little financial incentive to invest in new technology given that the reimbursement for both is the same, physicians note. If a medical group can make $500,000 to $1 million a year just by acquiring a scanner, why upgrade?

What's more, there are few legal standards for the imaging field, other than mammography, which is regulated by law. Add the fact that physicians often refer patients to scanning centers they own and profit from--cutting down the odds that they'll crack the whip if a scan doesn't come out well--and there's the potential for extremely wide variations in scanning quality, according to critics.

The bottom line, at present, is that when physicians order a scan, it's something of a crap shoot. As Dr. Chris Beaulieu, a Stanford radiology professor, puts it: "you don't know: you might get a Yugo and you might get a BMW."

Originally Posted: Top Diagnosis

Mingyuan Medicare purchase 75% of Shanghai Kang Pei Bio-Medical

Hong Kong-listed healthcare solutions provider Mingyuan Medicare Development Co., Ltd. (SEHK: 0233) today announces that it has complete the purchase of a 75% stake in Shanghai Kang Pei Bio-Medical Co., Ltd., with a total investment of CNY 310 million in cash.

Shanghai Kang Pei Bio-Medical has established 12 medical centers in Shanghai, Tianjin, Chengdu, and Taiyuan by far, and the total number of its customers has exceeded 400,000 per year, said people familiar with the matter.

Mingyuan Medicare Development Company Limited has been listed on the main board of The Hong Kong Stock Exchange since September 2002. Mingyuan Medicare principally engages in provision of innovative medicare solutions for the early detection and prevention of diseases particularly in China. With “Care for Health, Passion for Life” as our motto, the Company dedicates to develop and to apply approved and proven biomedical products and services for use in the early detection and prevention of diseases and including cancer. The Company set its goal to become a leading and comprehensive biomedical solutions provider in the world.

Originally Posted: Top Diagnosis