MPHHI, Filipino conglomerate MPIC’s hospital arm, is to launch a network of primary care centres. The group, whose net income surged 41% to P1.8bn (US$40m) in 2016, also wants to add a minimum of 10 hospitals to its network in the next five years, some of them from scratch – a departure from its usual buy-and-build growth strategy.
Archives
Hospital Corporation of China to launch Hong Kong IPO
Hospital management group Hospital Corporation of China (HCC) is looking to raise HK$500m (US$64m) through an IPO on the Hong Kong stock exchange this month. The proceeds will help fund HCC’s expansion in China.
March 3, 2017
Interview: Päivi Metsäniemi, Chief Physician and Juha Tuominen, CMO, Terveystalo
Terveystalo, Finland’s largest private healthcare provider, has developed a monitoring and data analytics package to better identify patients at risk of or suffering from type 2 diabetes. The group says it could help the country save €2bn a year and that it is already making a profit from Etydi. We speak to Päivi Metsäniemi, Chief Physician, and Juha Tuominen, CMO, at Terveystalo, who have applied to the HBI 2017 awards in the Best Use of Digital Health category.
March 2, 2017
Israeli elderly care providers buys UK group LRH Homes for over £70m
Israeli elderly care providers Golden House, which runs care homes and assisted living apartments in Israel and Europe, and real estate investor Ravad have bought LRH Homes in England for over £70m.
February 28, 2017
Medstar Healthcare to set up US$500m fund, source says
UAE-based Medstar Healthcare is rumoured to be in talks to set up a US$500m fund towards new specialty medical centres.
February 28, 2017
IEO-Monzino shareholders still undecided on €250m take-over offer
Italian not-for-profit operators at the European Institute of Oncology (IEO) and the Monzino cardiology centre are to decide whether to accept a San Donato and Humanitas’ joint offer of €250m on March 6.
February 24, 2017
Strong performance for Sonic in Europe – but share price falls after disappointing group HY results
A strong performance in Europe - especially Germany and Switzerland - couldn't mask disappointing overall half-year results for Australian diagnostics network Sonic Healthcare, and its share price fell as the results were released on Monday.
February 23, 2017
Gilde-backed Rad-x enters Germany
Gilde-backed diagnostics imaging group Rad-x is buying Acura Rheinland-Pfalz from German operator AccuMeda as it moves to consolidate the German radiotherapy market. We speak to Martin Hardens, founder and CEO of Rad-x.
February 23, 2017
Interview: Fredrik Gren, CEO, and Daniel Warnholtz, CFO, Ambea
Swedish disabled and elderly care services provider Ambea, the second largest in the country with 2015 revenue of SEK4.4bn (approximately €470m), wants to reinforce its presence in the disabled care segment, increase residential care and have a contract model less reliant on outsourcing. Healthcare Europa asks CEO Fredrik Gren and CFO Daniel Warnholtz why - and whether an IPO is on the cards.
February 22, 2017
Healthcare largest segment for Air Liquide in Europe
Global industrial gas company Air Liquide saw its healthcare segment grow by 11.2% to €3.1bn globally in 2016. Healthcare is now its largest business in Europe surpassing industrial gas for the first time.
February 16, 2017
Attendo steady but outsourcing drops
With nearly 10% operating margin, Sweden’s largest elderly care services provider Attendo reports a good 2016 performance and sees its shareholders’ dividends more than double. But the results also highlight challenges in the outsourcing market and the group reports poor organic growth.
February 16, 2017
Orpea rises and Korian falls on sales figures
Combining over 145,000 beds across Europe, France’s two largest elderly care providers Korian and Orpea have released their 2016 revenue ahead of their full results later in March. But investors’ and analysts’ reactions couldn’t be more different, as Orpea’s share price soars and Korian’s tumbles.
