Despite soaring coronavirus cases, India is lifting the lockdown it put in place at the end of March. HBI talks to one concerned operator who acknowledges that though cases are set to soar, the economic imperative is too compelling to ignore.
Small and medium healthcare facilities across Sub-Sarahan Africa are facing liquidation with Africa Healthcare Federation reporting an average 40% revenue drop in March. Even the maternity sector, which has held steady in Europe, has seen fewer admissions in Kenya.
Netcare, one of South Africa's 'Big Three' private hospital groups, says that April revenues dropped 45% due to the COVID-19 pandemic. It is one of the first financial disclosures by a listed hospital group for a full month of national lockdown.
China's largest digital health platform Ping An Good Doctor is reportedly losing its CEO, COO, Chief Technology Officer, Chief Product Officer and Company Secretary. Is it trying to shift the platform into a more profitable B2B strategy?
Global private equity firm CVC Capital Partners looks set to launch a takeover bid of India's largest cancer chain Healthcare Global Enterprises (HCG) after it became the company's largest single shareholder.
The UAE's decision to mass-test its population for COVID-19 and develop responses at the federal rather than emirate-level look to be paying dividends, notwithstanding its very young population. But how far is the private sector involved in the response, both in the UAE and neighbouring Saudi Arabia? HBI talks to local hospital, lab and advisory sources.
HBI speaks to a source in Brazil who tells us for-profit and public hospitals alike are gearing up for COVID, and while capacity is not yet stretched, there is worse to come.
In a recent paper on the medtech outlook for Europe, UBS, looked at how Singapore and Toronto bounced back from pandemics. Pent up demand simply led to double growth rates the year after. But Covid is two things: a pandemic coupled to a steep recession, almost certainly worse than 2008. We look at what this means for a sector where private equity has often geared up to the hilt.
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