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Stalemate for the only solution to doctor shortages

An innovative distance learning platform that trains doctor for just €100,000 has frozen its 2023 intake thanks to the intransigence and obfuscation of the medical profession. Malta-based EDU, accredited by Maastricht University Hospital, has faced four years of delay in accreditation from the Medical Association of Malta despite being able to demonstrate that its doctors outperform those trained in university hospitals.

See the Global Top 50 by Market Cap

Who are the Global Top 50 Health Care Service Companies by market cap and what does this tell us about the industry? What is striking is how very few of the top 50 are now EMEA companies - just 13, and of those only four are headquartered in Europe, rather than the Middle East or South Africa. 

UK nursing home sector “still viable”

Despite their travails, good nursing home groups in the UK are still making decent money, according to OakNorth, a bank which has some half dozen on its books, and Impact Healthcare REIT, a listed UK-based nursing home real estate investment firm with 14 operators as tenants. The government deserves some of the credit for this, having increased fees above inflation and made it easier for foreign care workers to get visas.

Beleaguered Babylon searches for UK buyer, closes in the US

Under fire digital health company Babylon is shutting down its US operations and looking to sell its UK business. Plans to merge with Swiss digital neurotherapy company MindMaze and be taken private by creditors have collapsed and it is now on the brink of bankruptcy.

Ramsay teams up with Google Cloud to build data hub

UK-based hospital group Ramsay Health Care has announced its partnership with cloud computing service Google Cloud to build a centralised data hub as part of its 2030 digital transformation strategy. Ramsay will use Google Cloud’s AI and machine learning to give nurses, hospitals, and clinicians better access to patient data.

Two Southeast Asian groups up for sale and an Indian group to IPO

In contrast to Europe, South and Southeast Asia are continuing to see significant deal activity. HBI hears that SAFE Fertility Group, one of Thailand’s largest IVF providers, and Qualitas Medical Group, a primary care chain with practices across Malaysia, Singapore and Australia, are up for sale. On top of this, Agilus Diagnostics, one of India’s largest labs groups, is set to IPO.

Interview: Ewan Davis, Quadria Capital

HBI speaks to Ewan Davis, partner at Quadria Capital, a private equity firm headquartered in Singapore. With offices in New Delhi and Ho Chi Minh, it invests in health care companies across South and Southeast Asia. 

UK Government turns to for-profits to bust backlog

The UK independent sector is gearing up for an explosion in backlog-busting public outsourcing. The for-profit hospital, ophthalmology and imaging markets in particular look set for a significant boost according to wide-reaching government plans announced today (January 4). 

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