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$7bn Indian insurance IPO fails to cover book

Indian private health insurer Star Health has seen just short of four-fifths of its IPO offer subscribed in the past three days of book building. However, local press reports that the listing will still go through thanks to a downsized secondary offer.

Russian oxygen supplies dwindle

Parts of Russia are facing significant oxygen shortages as the treatment of Covid patients continues to chip away at reserves.

IHH considers divesting in China

Listed Malaysian hospital group IHH Healthcare is considering a divestment of its loss-making Chinese business, it has told the stock exchange. Parkway Group could sell for US$1bn.

Booster blunder puts staff at risk

The Indian government's slowness to approve booster shots is putting lives at risk - particularly those of front line medical staff whose immunity is waning. HBI speaks to a disappointed operator source in the country to find out more.

Aster DM to focus on ‘high-growth’ Indian business

UAE and Indian hospital business Aster DM has tasked bankers to look at a demerger between the two geographies. Chairman Azad Moopen has said this makes more room for capex on the high-growth Indian business. 

NHS England reform ‘won’t increase outsourcing’ despite tough winter ahead

The UK has just passed a new law that stands to shake up the procurement of healthcare services. The for-profit sector has hoped it could drive more patients to their businesses, especially against ballooning waiting lists and winter pressure, but experts tell HBI there's little chance it will increase outsourcing. 

Not-for-profits dominate Europe’s adult care

Adult social care, a major sector in the UK and Nordics in particular, has traditionally been dominated by the not-for-profit sector in Europe. In this week's infographic, we look at the for-profit, not-for-profit/public split across select countries in Europe.

Helium Health acquires Qatari doctor booking platform

African healthtech provider Helium Health has acquired Meddy, a Qatar and UAE-based doctor booking platform, with a view to expansion. HBI speaks to Adegoke Olubusi, Helium Health co-founder and  CEO, to find out more.

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