Ambulance and Air Ambulance Services

 

New Falck CEO “systematically examining business” after first half losses

Jacob Riis, new CEO at Falck, the international ambulance, fire service and healthcare group, admits H1 2017 results were “not satisfactory” and says he is "systematically examining" the business. Could this be with a view to a sale? Healthcare Europa speaks to an informed source amid speculation that we might soon see a sale of Falck’s healthcare services business – which unlike the rest of the business is doing rather well.

FREE BLOG Why do CEOs stand down?

The recent decision by Falck’s board of directors to ask CEO Allan Søgaard Larsen to stand down after 27 years in the company highlights the complexities of power relations between executives and directors.

Why has Falck’s CEO Allan Larsen left?

The long-term CEO Allan Søgaard Larsen and deputy CEO of Falck, the mammoth international ambulance, clinics and fire service group, both quit just before Christmas 2016. Larsen without permanent replacements. What is going on?

Healthcare drones – no longer a flight of fancy

The reality of drones (unmanned aircraft) in healthcare has arrived: there is a whole squadron now performing flights in both the developed and developing world. Safety regulations have grounded the lofty ambitions of some drone companies - but not US-based Zipline. It has launched successfully in Rwanda and, with US$43m of investment behind it, the company looks to be flying high.

UK healthcare faces up to Brexit

The UK has voted to leave the EU unleashing economic and political turmoil that has taken the legs out from under Sterling, ignited press hysteria and will likely see the leaders of both major parties replaced. As always, the NHS was front and centre during the campaign. But concerns for healthcare more broadly, including the private sector, are numerous. We talk to investors, operators and advisors.

FREE BLOG Uberising emergency services

It is interesting to find that one of the healthcare web apps most highly rated by Nicolaus Henke, who heads up McKinsey’s Analytics team and is a head of healthcare is Murgency, an app developed in California and launched in India as the world’s first emergency response app. Founder Shaffi Mather claims it has relevance to Europe and the USA as well, where call out times in remote areas can easily be 50-60 minutes and cost a small fortune.

Medical drones by 2017?

Delivering medical samples by drone is faster, cleaner, safer and cheaper, claims Diego Cerutti, manager of the healthcare unit at Franco-Luxembourgois logistics group, Flash. It has developed its own packaging unit and attached it to a drone with a range of 20 miles that will be tested with real samples this summer. A consortium has come together to grow the project and Flash has already received calls from interested lab groups and hospitals in France, Belgium and Luxembourg. And this is not a pipe dream – Cerutti is talking about 2017 or 2018.

Pihlajalinna plans war chest

Having IPOed as recently as June 2015, Finnish healthcare group Pihlajalinna is to ask shareholders for a mandate to issue an extra €40m in shares. The shares have soared 70% above the IPO price to over €17. A €40m issue would leave the company with €70m of net cash. What might the company buy and what does the move tell us about the Finnish market?

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