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Saudi German makes plans in Nigeria

MENA hospital group Saudi German has partnered with a major Nigerian politician's healthcare company to build a referral centre, diagnostic centre and 100-bed hospital in the capital Abuja. This will provide an excellent channel for referring out-of-pocket payers to Dubai - but Saudi German is keen to stress it should also generally help stem the tide of medical tourists flooding out of the country. 
July 24, 2018

IHH audit committee chair opposed to Fortis deal

While the majority of board members of Malaysian-Singaporian healthcare giant IHH voted to support its acquisition of beleaguered Indian hospital group Fortis, there was one notable exception.
July 24, 2018

Aster DM full-year results show slow pivot to India

India and GCC hospital group Aster DM has revealed revenue and EBITDA growth of 13% and 79%, respectively, in its first annual report since IPOing in Mumbai in February this year. The increase in the proportion of revenues made in India shows the group's pivot towards that market, although it is sticking to the safe haven of larger cities.
July 24, 2018

Amazon makes further inroads into healthcare

Amazon, the e-commerce giant that takes $4 of every $10 spent online in the US, this month bought PillPack, a pharmaceutical delivery service that cuts out the brick-and-mortar pharmacy. Shares in traditional drug stores chains fell off a cliff-edge, Walgreen Boots Alliance by 10% and CVS Pharmacy by 8%. Today, it's pharma. But tomorrow..? Healthcare Nova speaks to a tech-savvy operator who sees the e-commerce giant soon venturing into health insurance, AI and data-storage.
July 18, 2018
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