For-profits in Peru were told to agree fees for treating pandemic patients or face effective nationalisation - the taking over of their administration and caseload for the duration of the COVID crisis.
The Q4 results of India's largest hospital group by revenue, Apollo Hospitals, show the effect of a falling footfall, deferred electives and the loss of medical tourism will make for a troubling start to FY21.
Thanks to Covid, Aster DM, the GCC to India clinic, hospital and pharmacy chain, saw a 25% drop in revenue across both geographies in April. May and June have seen improvements with a return to normal expected in the autumn, providing there is no second wave. We look in detail at the impact of Covid in March to June and report full year results to March 2020.
In Argentina a domiciliary homecare group has taken over three hotels to offer accommodation to Covid-symptomatic patients. What does this say about the wider links between hotels and care homes in Emerging Markets?
NMC Health's administrators are making it clear that a wholesale selloff of the UAE's largest healthcare company is not viable. Could any of MENA's largest hospital operators - Mediclinic, VPS, and Aster DM - take over the hospital business? And who will be fighting for the rest? HBI speaks to an investor who knows NMC well to find out more.
Africa-focused private equity firm Meditterania Capital Partners intends to triple the EBITDA of its recently-formed imaging platform Ray Lab which spans Egypt, Jordan and Saudi Arabia before exiting, preferably by IPO, in a few years' time, partner Daniel Viñas tells HBI. He discusses the specifics of the deal, merging Ray Lab's two businesses, and how its markets are evolving.
The administrators appointed to oversee GCC-based and formerly London-listed NMC Health PLC say it is facing likely liquidation or dissolution, and ongoing investigations must be completed to ascertain the company's true liabilities. A sale of the business as a going concern is now all but off the table. Meanwhile, HBI hears potential buyers for the most prized parts of the business are waiting for a rock bottom price 'fire sale'.
The population of GCC countries is set to fall by up to 10%, according to a report by global forecasting and quantitative analysis group Oxford Economics, as coronavirus encourages the largely foreign workforce to leave. HBI speaks to a source in the Gulf to find out how this might effect the insurance / healthcare market there.
Singapore-based 'doctor discovery platform' DocDoc has moved into China through a partnership with one of the world's largest insurance risk management companies, Kaitaiming (KTM), giving it access to 90% of the country's insurers. HBI speaks to CEO Cole Sirucek.
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