Indian hospital chain Care Hospitals is the subject of a US$1bn+ bidding war between PE firm KKR, Singaporean state holding company Temasek Holdings, and Indian hospital chain Max Healthcare.
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Sub-scale NHS can’t deal with private insurers
NHS England private patient units are too small to deal with private medical insurers. That is likely to be behind recent friction between NHS entities and private medical insurer Bupa.
November 4, 2022
Kry cuts another 10% of workforce and withdraws from Germany
Kry, the Swedish-based multinational telehealth and primary care unicorn, is laying off 10% of its 3,000-strong workforce, marking the second time it has done so this year. It is also pulling out of Germany as it tries to move faster towards profitability. Meanwhile peer Babylon has seen its value fall 20-fold.
November 4, 2022
Interview: AXA reinsurance CEO on healthcare’s “iPhone moment”
Unlike the majority of his peers, Laurent Pochat-Cottilloux, the CEO of AXA Life and Health Reinsurance, isn’t convinced insurance will lead the charge towards prevention.
November 4, 2022
Foreign doctors more vulnerable to overworking and abuse
African and Asian doctors have been brought to the UK from “red list” countries, from which “active recruitment” is banned, and forced to work illegal hours, according to reports.
November 3, 2022
HBI Deals+Insights briefing November 2022: Deals + Insights members
Click here to download your Deals+Insights briefing for November 2022 November sees Orpea forced to take drastic steps to fix its finances within four months, $13bn of private healthcare opportunities in Saudi Arabia, health care M&A slowing as concerns about debt rise, and German hospitals facing insolvency as the government swings away from inpatient treatment. […]
November 1, 2022
PMI premiums set to spike as medical costs soar
PMI premiums are set to spike in 2023 according to a new report. HBI speaks to contacts around Europe to find out more.
October 28, 2022
Is Elliott stake a step towards Helios breakoff?
American investment management firm Elliott has taken a minority stake in Fresenius Helios, the largest hospital group in Europe by revenue. The move prompts fresh questions about Fresenius' new CEO's intentions for the company.
October 28, 2022
The price of keeping up with care costs?
Care is getting more expensive. Insurance premiums are set to go up 10% internationally next year. People are living longer, more sedentary lives, and these are unsurprisingly characterised by an increase in chronic diseases. You might expect that as a population ages healthcare spending as a percentage of GDP will have to go up. There are, after all, surely limits on the efficiencies which can be made. This, it seems, is not necessarily the case.
October 21, 2022
FREE BLOG To build or to buy?
To build or to buy? When looking to build trust in the telehealth sector, Amazon decided building its own company with Amazon Care wasn’t worth it. So, it closed Amazon Care and bid on AI/big data player Signify Health instead.
October 14, 2022
Henry Dunant-Euromedica merger unlikely to sell for three years
The company formed as a result of the merger between Euromedica and Imithea, the parent company of Henry Dunant, Greece’s largest private hospital, is unlikely to sell for three years, HBI hears. Click here to read our reports on the for-profit hospital sector, and here to read more about Euromedica, and here to read more […]
October 14, 2022
CVC to buy back Quironsalud?
Rumours circulate that Quironsalud, the Spanish hospital subsidiary of hospital chain Fresenius Helios, may be sold to private equity firm CVC or KKR, HBI hears. But others say the new CEO of Helios' parent, Fresenius SE, is unlikely to go for the strategy and suggest the dialysis arm could be put on the block instead.
