To build or to buy? When looking to build trust in the telehealth sector, Amazon decided building its own company with Amazon Care wasn’t worth it. So, it closed Amazon Care and bid on AI/big data player Signify Health instead.
Speaking to elderly care providers has become an increasingly depressing way for HBI journalists to spend their time - with a few notable and perennially optimistic exceptions.
As a sector more resilient than most to recession, it’s no surprise that private equity and others are interested in getting involved in healthcare services. It also gives a great opportunity for a diversified portfolio as healthcare provision covers such a wide base - pharma, medtech, life sciences and services. And yet despite the economic environment and the relative safety and benefits, it seems that private equity may not be as interested as they could be.
When procurers look at supplies, they focus overwhelmingly on quality and price. However, many at the recent Healthcare Procurement Summit in Brussels argued that these can’t be the only two benchmarks – sustainability has to come into a much greater focus too.
Changing macroeconomic conditions - specifically a reduction in the availability of credit and increases in interest rates, could well impact M&A activity over the coming months.
Pharmacy chain CVS’ latest acquisition - home care provider Signify - has led to an outcry in certain quarters asking, given that it already owns the drugs price negotiator and a private insurance company, whether such wide reaching consolidation is good for shareholders or for patients.
The recent UK-Nepal healthcare professional recruitment agreement smacks of desperation. Nepal is one of the poorest countries in the world, with purchasing power parity per capita GDP roughly the same as the Congo, according to the IMF. Yes, the UK is in a unique position post-Brexit and is known for its unusual and innovative health care labour agreements. But even so it is a strange move!
On July 5, 1948, Aneurin Bevan established the core principles of the UK NHS, designed to meet the needs of all, and free at the point of delivery. Dentistry has been walking its own path for some time now, however, and NHS dentistry is unequivocally in crisis.
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