Microsoft and HIMSS launch Health Users Group in APAC
Microsoft Corp and Healthcare Information and Management Systems Society (HIMSS) have announced the launch of the Microsoft Health Users Group (MS-HUG) in Asia-Pacific.
MS-HUG forum is for influencers and developers of healthcare technology solutions to collaborate and contribute to aspects of solutions built on Microsoft software platforms. It allows the healthcare technology community to discover new uses for existing technology, provide development support, network with peers, and to discuss needs and desires arising from the current use of healthcare IT. It is currently accessible to healthcare organisations and technology partners in North America, Europe, Middle-East and Africa (EMEA).
The forum is designed to allow technology partners to gain insight into healthcare specific requirements, improve their ability to target technology innovation, help health organisations improve service delivery, and achieve a stronger return on technology investments. After several successful years of collaboration, MS-HUG’s diverse membership has grown to include more than 5,000 members and 31 corporate supporters across North America, Europe, Middle-East and Africa (EMEA). This community is united by a shared interest in implementing vendor- and user-developed software based on Microsoft technology to improve healthcare quality and efficiency, while reducing complexity and cost.
GTI plans to invest INR 250 cr in healthcare
New York-based private equity (PE) firm GTI Group is setting up a wholly-owned subsidiary, India Management Company, to invest INR 250 crore into Indian healthcare sector. GTI will pick equity stakes of up to 10% in healthcare service firms in the country.
GTI will route the investment in India through its Mauritius arm GTI Mediventures. It will acquire shares in Indian companies in lieu of providing technical know-how to healthcare and medical services firms. India Management Company will also charge a license fee of 2% on the gross revenue of its partner companies.
The company has got the nod from the Foreign Investment Promotion Board (FIPB), the nodal body to clear foreign investment into India.
The firm provides equity capital for early stage venture, growth equity and middle market buyout opportunities in media, telecom, aviation, IT and software and industrial technologies sectors. Typically it invests in the range of USD 5-100 million in each of its target companies.
Trivitron JV Chennai facility commences production
Aloka Trivitron Medical Technologies, a medical equipment manufacturing joint venture of Aloka, Japan and Trivitron healthcare recently commenced production of Aloka SSD 500, a portable black and white ultrasound scanner from its facility at Poonamallee in Chennai. It aims to roll out world-class medical equipment at most effective costs to national and international customers.
Trivitron MD, Dr G.S.K. Velu said the JV’s aim is to offer products of high quality suited to the needs of developing countries on a most cost effective basis. Apart from tapping the domestic market, the products will be exported to developing/developed countries across the world.
The core vision of Trivitron healthcare is to bring world-class medical technology within the reach of medical professionals all over the world. It also aims to set up advanced facilities for