Faced with falling prices and limited expansion opportunities, Spain’s largest independent lab group Echevarne laboratories is trying to find new ways to grow. We speak to Fernando Echevarne Santamaria, managing director of Echevarne Laboratories, on whether the group's strategy to vertically integrate is paying off.
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Indian renal care provider NephroPlus wins state PPP contract
Indian low-cost dialysis network Nephroplus is to provide dialysis sessions in 13 new centres attached to district hospitals in the southern state of Andhra Pradesh under a PPP contract. The group is now planning to raise $15m (100 crore) to fund new expansion plans that would double its network.
August 16, 2016
FREE BLOG Disintegrating hospitals in Greece
If you thought tariff drops in France and the privatisation debate in Sweden were bad, think again. Private healthcare in Greece is deteriorating. Clawbacks have increased from 40% to 50% this year, meaning public health insurer EOPYY only pays one out of two euros invoiced.
August 12, 2016
Median spins off acute operations into sister company Atos
German private operator Median is spinning off acute medicine operations into sister company Atos to focus on its rehabilitation business. Atos is already in negotiations with several hospitals for new acquisitions, according to Atos's CEO Martin Von Hummel.
August 12, 2016
British care home chain gets £26m investment
Care home operator Hill Care, which runs a network of 19 facilities in the North of England, has received a £26m investment from Barclays as part of a refinance package.
August 11, 2016
KPJ Healthcare enters ‘puzzling’ MoU with Japanese firms
Malaysian hospital operator KPJ Healthcare has entered a Memorandum of Understanding (MoU) with two Japanese firms in a bid to launch a $12m oncology centre in Jakarta. The move is perplexing, says one consultant.
August 10, 2016
Avivo enters Saudi market ahead of London IPO – and plans further expansion
Dubai healthcare provider Avivo Group has entered new markets, including Saudi Arabia, after buying Gulf medical distributor Kalium Group - and further acquisitions are expected.
August 8, 2016
New group forms France’s fifth largest hospital operator
Based in central France, Sisio is born out of a merger between three regional groups and the acquisition of a fourth. The result is France’s fifth largest hospital operator, a privately owned organisation with €450m revenues. We speak to Sébastien Mounier, one of its founders.
August 5, 2016
TPG Growth buys Indian maternity chain Rhea Healthcare for $33m
TPG’s investment platform TPG Growth has bought a majority stake in Bangalore-based maternity chain Rhea Healthcare for $33m (Rs 220 crore), which wants to expand across India. The mother-and-child care sector is one of many growing outpatient specialties in the country.
July 27, 2016
Bpifrance invests €95m into MédiPôle Partenaires
Public investment bank Bpifrance is buying a €95m stake in France’s third largest hospital operator MédiPôle Partenaires. Expect more consolidation, says Xavier Dumont, CFO at MédiPôle Partenaires.
July 27, 2016
Czech nursing home operator Anavita to launch homecare services
Czech care home operator Anavita is to launch homecare services from next year in Prague. This is an unusual move in a small market dominated by small public or family-owned nursing homes. We speak to David Volny, partner at Anavita.
July 25, 2016
DentalPro buys DentaDent to create €120m dental network
Only one month after acquiring dental chain Giovanni Bona, Italy’s largest dental network DentalPro buys DentaDent, a small network of 7 dental clinics. Expect 70 new clinics in the next three years and more consolidation in the Italian market, says DentalPro’s president Michel Cohen.
