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From the brink of collapse, NMC shows signs of recovery

GCC’s largest for-profit healthcare operator NMC Healthcare has been hitting the headlines for all the wrong reasons for the last 18 months, but with stronger H1 results than expected announced today, and progress on exiting administration, there are signs that it may be turning a corner.
August 11, 2021

NMC founder alleges multi-billion dollar fraud

BR Shetty, founder of the GCC’s largest for-profit healthcare operator NMC Healthcare, has issued legal proceedings seeking $8bn in damages, claiming audit firm EY, Bank of Baroda, and Netherlands-based Credit Europe Bank were part of a co-ordinated and deliberate conspiracy to remove money from his businesses.
August 5, 2021

Aedifica continues Northwest Europe expansion

Belgian healthcare REIT Aedifica has been expanding and made acquisitions in Finland, the Netherlands, Germany and Ireland amounting to €151 million. HBI breaks down its latest spends.
August 5, 2021

IFC asks operators for ethical pledge

IFC is asking healthcare groups around the world to sign up to a set of concise, pragmatic guidelines which promote ethical conduct and support daily decision making in the health sector.
July 23, 2021

Achieve together acquires RNID residential and community services

Achieve together, a UK provider of specialist support for people with learning disabilities, autism and complex needs, has acquired the residential and community services of RNID national hearing loss charity for an undisclosed sum. HBI speaks to Emma Pearson, CEO at Achieve together, to find out more.
July 15, 2021

Payor reforms re-shape Kuwait’s private hospital market

Kuwait's private hospital market is undergoing a seismic change. Private insurance for local retirees, rolled out in late 2016, now accounts for a third of sales while in 2019/20 the government launched a PPP to move blue-collar foreign nationals out of the public system.
July 15, 2021

Debate on capping for-profit fees rages in Nordics

Whether profit making in the adult care sector should be capped, or the entire sector simply nationalised, is a hot topic in Sweden and Denmark at the moment. HBI speaks to market experts to find out more.
July 13, 2021

Oxygen shortage concerns in South Africa could lead to stockpiling

Worries of an oxygen shortage in South Africa and concerns about the Delta variant of Covid-19 might lead to operators stockpiling O2 tanks, and has led to them increasing storage tank capacity. HBI talks to a South Africa-based for-profit hospital operator to find out more.
July 8, 2021
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