SEOUL, March 10 (Korea Bizwire) — South Korea’s biotech, pharmaceutical, and healthcare companies are ramping up efforts to address the country’s low birth rate by introducing expanded family-friendly policies, including enhanced parental leave, financial incentives for childbirth, and workplace childcare support. According to industry sources on Sunday, Kakao Healthcare has begun offering free continuous glucose [...]
SEOUL, Feb. 13 (Korea Bizwire) — Healthcare costs for age-related illnesses in South Korea, including dementia, have jumped approximately 28% over the past five years, reaching an estimated 6 trillion won, as the nation’s elderly population continues to expand. The number of South Koreans aged 65 and older covered by national health insurance and medical benefits [...]
SEOUL, Dec. 27 (Korea Bizwire) — South Korea’s healthcare spending on chronic diseases has reached 90 trillion won annually, with such conditions accounting for 85% of total medical expenses and causing eight out of 10 deaths, according to a report released by the Korea Disease Control and Prevention Agency (KDCA) on December 26. The “2024 Chronic [...]
SEOUL, Oct. 22 (Korea Bizwire) – As tensions between the medical community and the government continue to simmer, an increasing number of South Korean doctors are exploring opportunities abroad, signaling a potential brain drain in the nation’s healthcare sector. On October 19, a healthcare consulting company held an information session for Tokushukai Group, Japan’s largest medical [...]
SEOUL, Sept. 6 (Korea Bizwire) – A recent government study has revealed startling disparities in the cost of medical procedures across South Korea, with some treatments varying in price by as much as 23 times between different healthcare providers. The Ministry of Health and Welfare and the Health Insurance Review and Assessment Service (HIRA) announced on [...]
SEOUL, Sept. 3 (Korea Bizwire) — In a stark contradiction to government assurances, a coalition of medical school professors in South Korea has painted a grim picture of the nation’s healthcare system, claiming that many emergency rooms are already unable to provide normal care. The group asserts that punishing those responsible for the healthcare breakdown and [...]
SEOUL, Sept. 2 (Korea Bizwire) — With a protracted dispute between the medical community and the government continuing to strain South Korea’s healthcare system, emergency physicians are increasingly looking abroad for better working conditions and professional opportunities. At a recent academic conference held by the Korean Emergency Physicians Association (KEPA) in Seoul, sessions on practicing medicine [...]
RIYADH, Saudi Arabia, Aug. 23, 2024 (Korea Bizwire) – King Faisal Specialist Hospital & Research Centre (KFSHRC) solidifies its medical education and research leadership through its Academic & Training Affairs (ATA) Department, which offers structured learning, intensive workshops, and personalized mentorship. A highlight of KFSHRC’s medical education is the King Faisal Aspiring Research Program, developed [...]
SEOUL, Aug. 7 (Korea Bizwire) – South Korean artificial intelligence (AI) healthcare companies are making significant progress in the global market, with recent developments highlighting their competitiveness and potential for expansion. Lunit, a leader in AI-powered cancer diagnostics, has announced that its chest X-ray analysis solution, Lunit Insight CXR, has received approval from the World Health [...]
SEOUL, Apr. 30 (Korea Bizwire) – South Korea’s industrial makeup grew more service-driven during the Covid-19 pandemic as the healthcare and remote service sectors expanded while manufacturing contracted, central bank data has revealed. The share of services in the country’s total output climbed 4.4 percentage points to 49.3% in 2020 from 44.9% five years earlier, according [...]