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Europa Stream

 

PMI revenue up in Spain as inflation cripples insurance scheme

The MUFACE system which insures Spanish civil servants is at serious risk of collapse as it fails to keep pace with inflation, and concerned for-profit operators are starting to close their doors to its insured at a time where revenue is on the rise for PMI.
October 13, 2023

Kenyan healthcare continues to attract overseas investor interest

Global private equity firm Alta Semper is injecting millions into MYDAWA, a primary and digital healthcare platform based in Kenya. It aims to solidify the group’s position as a key player in developing Africa’s healthcare industry at a time when Kenya is attracting a lot of interest from overseas investors.
October 13, 2023

iCON buys Alliance Medical

The longstanding bidding war for pan-European diagnostic firm Alliance Medical Group is over, with iCON Infrastructure confirmed as the new buyer. The £910m deal ends months of speculation. HBI asks a UK-based consultant what this means for the market.
October 13, 2023

Why KKR is set to buy Eugin – and Fresenius wants to sell

Global investment company KKR is set to buy Eugin, the Spain-based fertility subsidiary owned by Germany-based conglomerate Fresenius, for €500m. We ask why KKR might want it, and whether it makes sense for Fresenius to sell.
October 6, 2023

Record fines are putting care homes at risk

With UK for-profit group Cygnet Health Care being fined £1.5m last month following the death of an inpatient at Ealing Hospital in 2019 - the largest ever penalty imposed on a mental health provider - we speak to four European experts to consider how punitive fines from regulators are impacting providers’ bottom line.
October 6, 2023

Hungary: high risk, high reward

The Hungarian hospital market is growing at 10% per year nominally, with some of the biggest players outstripping this. With such rapid growth and growing demand the potential reward for investors is great – but with this also comes big risks.
October 6, 2023

Italy’s nursing crisis causes wage spike as government looks abroad for help

Italy has historically been less affected by the health care workforce crisis gripping much of Europe, but HBI hears post-Covid pressure has created a nursing crisis which has seen wages shoot up, and led prime minister Giorgia Meloni to look abroad. Most recently she has signed an agreement with the Caribbean island of Cuba to fix her growing workforce challenge. This is the latest in a series of deals and rule relaxations designed to help funnel talent into Western Europe.
October 6, 2023

Interview: Howard Podolsky, Group CEO, Cambridge Medical

Last week, Amanat Holdings announced the return of Howard Podolsky to Cambridge Medical Rehabilitation Center. HBI caught up with the ‘new’ group CEO to hear about current challenges and opportunities in the Middle East and what is different this time around.
October 6, 2023

Key takeaways from the HETT 2023 London Conference

Last week, HBI joined thousands of delegates at the Health Excellence Through Technology (HETT) 2023 conference in London, where exhibiters congregated to explore how digital innovation can be leveraged to address record-level NHS waiting lists - something keynote speaker Vin Diwakar, medical director for transformation dubbed “the greatest crisis since the Second World War.”
October 6, 2023

Fico returns in Slovakia – should investors be worried?

Just in time for Halloween, Robert Fico is back. The former Slovakian prime minister who tried to renationalise insurer Dôvera has led his populist centre-left party to win the most seats in Slovakia’s 2023 elections. But a Slovak operator source tells HBI the private sector need not worry as even if Fico forms a government, it is unlikely to be the horror show some fear.
October 5, 2023
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