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KCP exits specialist homecare group Routes

Private Equity firm Key Capital Partners (KCP) has sold its majority interest in long-term homecare operator Routes Healthcare, through a secondary buy-out backed by Palatine Private Equity. 

Mubadala Health diversifies with $800m UEMedical deal

Mubadala Health, the integrated health network of sovereign investor Mubadala, has added speciality fertility and women's health services to its network and expanded into Saudi with the acquisition of UEMedical. It now claims to be the largest IVF provider in the region.

Malaysian private hospitals struggling to procure vaccines

For-profit hospitals in Malaysia looking to provide a private Covid vaccination service are struggling to source vaccines. HBI talks to Dr Datuk Kuljit Singh, medical director at Prince Court Medical Centre and president of the Association of Private Hospitals of Malaysia (APHM), to find out more.

Billions set to be written off as creditors take charge of NMC

NMC's creditors are now in the driving seat, after a take-it-or-leave it ultimatum from joint administrators Alvarez and Marsal left them with little option other than to accept a financial restructuring plan which wipes out billions of dollars owed to them, in return for ownership of the business.

How much of Europe’s homecare is ‘grey’?

This week HBI breaks down data from several sources and illustrates the share of informal homecare in European Countries and the UK. It makes clear just how much care at home is being illegally delivered.

Life Healthcare entering South African imaging market

South African hospital and European imaging group Life Healthcare is planning to enter the imaging market on home turf, with up to 3bn Rand (€180m) earmarked for buying out radiology practices in its hospitals, its head of Investor Relations (IR) tells HBI.

Market welcomes strong Q4 for Max, despite Covid-related revenue drop in FY21

The market welcomed a strong Q4 performance from India's second-largest for-profit hospital chain by revenue, Max Healthcare, last week. Record-breaking Q4 EBITDA appears to have offset any potential market concerns that could have arisen from reporting a drop in revenue, and a resurgence of COVID, especially around the capital.

Kuwait International Bank cuts its losses, sells NMC debt

Kuwait International Bank is selling off the debt it is owed by NMC Health, the UAE's largest hospital group which remains in administration following a fall from grace precipitated by short-seller Muddy Waters' report back in 2019.

Politics and poor tariffs hamper Danish homecare market

Variation in homecare tariffs across the Danish municipalities is making growth in the for-profit sector difficult and forcing consolidation of smaller companies that cannot price match, HBI hears from several sources.

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