Turkish Forum

Tag: Istanbul medical services

  • Turkey’s Universal Hospital Chain to Get $140 Million Investment

    Turkey’s Universal Hospital Chain to Get $140 Million Investment

    By Ercan Ersoy

    Asia Debt Management Capital of Hong Kong, PGGM NV and the World Bank’s International Finance Corp. agreed to invest $140 million for a 26 percent stake in Turkish hospital chain Universal Saglik Yatirimlari Holding AS.

    Universal, which runs 18 hospitals in 12 cities, will use the proceeds to invest in more sites in Turkey, especially in smaller towns, Chairman Azmi Ofluoglu said in an e-mailed statement from the four companies. They didn’t say how much of a stake each of the buyers will acquire. Istanbul-based Daruma Corporate Finance advised the seller in the deal, they said.

    Turkey’s economic growth is attracting investors in the country’s burgeoning health-care industry. The economy expanded 8.9 percent last year, the fastest pace since 2005, and may grow 4.6 percent this year, according to April 11 estimates from the Washington-based International Monetary Fund.

    Abraaj Capital Ltd., the Middle East’s biggest private equity firm, bought 54 percent of hospital operator Acibadem Saglik Hizmetleri & Ticaret AS for about $606 million in 2007 and 2008. Carlyle Group, the world’s second-biggest private equity firm, bought 40 percent of hospital operator Medical Park Saglik Grubu AS for an undisclosed price in 2009. Argus Capital Partners and Qatar First Investment Bank last year purchased 40 percent of hospital chain Memorial Health Group.

    To contact the reporter on this story: Ercan Ersoy in Istanbul at [email protected]

    To contact the editor responsible for this story: Benedikt Kammel at [email protected]

    via Turkey’s Universal Hospital Chain to Get $140 Million Investment – Bloomberg.

  • Istanbul medical services on iPhone Application

    Istanbul medical services on iPhone Application

    iPhone Apps Help Travelers Navigate Healthcare Services Around the World

    HTH Worldwide introduces New mPassport® Apps for iPhone and iPad

    RADNOR, Pa., Nov. 18, 2010/PRNewswire/ — HTH Worldwide, a global health and safety services company, announced today that it has launched four more mPassport® iPhone applications for finding quality healthcare services in popular destinations for international business and leisure travelers. This series of apps, which now includes Athens, Moscow, Istanbul, and Dubai is the first to help travelers in need of medical services when they are abroad.  Thirty mPassport apps are available in the iTunes App Store for downloading onto 140 million iPhones and iPod touches around the world.

    With mPassport on your iPhone or iPad you can

    Use your smart phone or laptop to find a conveniently located, carefully-selected, English-speaking doctor or dentist and request an appointment

    Use mapping and GPS functionality to find the shortest route to convenient care

    Translate brand names for medications and key medical terms and phrases

    Understand health risks and access the right emergency services

    These features led HR Executive Magazine to recognize the mPassport mobile web site as a Top Human Resource Product of the Year. Consumer reviews posted on the web describe the downloadable mPassport apps as “a travel app every parent, brother or sister would want their family member to have on their iPhone or iPod touch while exploring the world,” and “This is the best way to find help when you need it. This can be invaluable when traveling and you don’t speak the language. Any serious traveler should have this application.”

    “About half of all travelers who spend more than two weeks abroad get sick or injured, and we’re there to help them when they need assistance,” said Angelo Masciantonio, Chief Executive of HTH Worldwide.  “Travelers typically do not prepare for illness or injury when traveling abroad and when they need healthcare, they often don’t know where to turn. Our mPassport apps make it simple to get quality care when it’s needed far away from home.”

    You can find the latest apps in the iTunes App Store along with previously released apps for these destinations:

    Barcelona, Budapest, Dublin, Florence, London, Madrid, Paris, Prague, Rome, Vienna

    Cape Town, Nairobi

    Buenos Aires, Lima, Mexico City, Quito

    Bermuda, Nassau

    Bangkok, Beijing, Ho Chi Minh City, Hong Kong, Manila, Shanghai, Singapore and Tokyo.

    To preview an mPassport app, click here. To see a video demo, click here.

    Please visit mpassport.com where subscribers can also access these services on a worldwide basis.

    About HTH Worldwide

    HTH Worldwide provides health insurance plans and global medical assistance services for business and leisure travelers as well as students abroad. HTH programs are distinguished by a contracted community of over 6,500 hospitals and doctors in 180 countries. HTH combines its health and safety research, advanced Internet and mobile applications, and extensive experience in designing and delivering international health insurance plans to ensure customers’ health, safety and peace of mind. HTH was recently named one of North America’s fastest growing companies in Deloitte’s Technology Fast 500.  For more information, visit www.hthworldwide.com.

    via iPhone Apps Help Travelers Navigate Healthcare Services Around the World — RADNOR, Pa., Nov. 18, 2010/PRNewswire/ –.