Egypt’s Health Insights Asia to invest $3.5M in digital healthcare solutions

Health Insights Asia, a company that specializes in medical systems management programs, has announced its plan to invest $3.5m in the next year.

The company's CEO, Nasser Shahata, said that the investment would focus on developing digital medical applications, solutions, and devices, as well as supporting research and development and training programs for human resources.

Shahata also said that the company had signed agreements with several private hospitals in Malaysia and Southeast Asia to implement its "Medica CloudCare" system. Said system aims to improve healthcare quality, enhance hospital operational efficiency, reduce healthcare costs, and provide competitive medical services for all patients.

He explained that the Medica CloudCare system would also help hospitals support medical tourism by providing a robust and upgradable infrastructure — enabling medical facilities in Malaysia and Southeast Asia to transform into smart hospitals to meet the needs of the international market.

Previously, Shahata said that Health Insights Asia plans to establish a factory in Egypt to manufacture medical devices for diagnosing heart diseases.

He said that the factory's operations were expected to start in January, and the investment cost was still under consideration. He added that the company had invested about $70m since its establishment in 2012.

He concluded by saying that the company's strategy was to offer innovative solutions to support digital transformation in the healthcare sector and contribute to the environmental and economic sustainability of medical institutions.