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HC-One placed under embargo by concerned council

Leading nursing home operator in the UK HC-One has issued a formal apology to the families of three deceased former residents for shortcomings in one of its homes. In response, the Cambridgeshire City Council (CCC) has placed an embargo on the operator, halting all admissions until at least 2024. Click here to read more about […]
April 28, 2023

Is any German nursing home truly safe from bankruptcy?

The nursing home industry in Germany has been rocked by a spate of bankruptcies in recent months. As another operator bites the dust, it has left many wondering - are more to come? HBI speaks to two market experts to decipher whether the ‘once is a mistake, twice is a coincidence, three times is a pattern’ adage holds any water.
April 28, 2023

IK Partners to take UK teleradiology provider Medica private

Listed UK-based teleradiology provider Medica is being taken private by PE firm IK Investment Partners, which has made an offer of £269m to buy all of the group’s shares. Medica has accepted the offer, which was 32.4% higher than the group’s average market cap over the past three months.
April 28, 2023

Amanat loses a CEO, and gains a platform

UAE-based listed health care and education investment firm Amanat Holdings has had an interesting few weeks. First, its high-flying CEO departed the group, allegedly by mutual consent - but without an immediate successor. Now Amanat has announced it is consolidating its healthcare assets into a single platform.
April 21, 2023

Swiss premium rise will not benefit operators

Despite 2023 seeing the highest premium increase in over a decade, the price of Switzerland’s compulsory insurance is likely to rise again in 2024. Swiss operators tell HBI they aren’t getting help to deal with inflation.
April 21, 2023

Temasek buys $2bn additional stake in Manipal

Singaporean state-owned investment conglomerate Temasek is to become majority shareholder in Manipal Hospitals, one of India’s largest hospital chains, as it increases its stake from 18% to 59%.
April 21, 2023

Two Korian cooks to face manslaughter charges

Two cooks working for multinational French elderly care giant Korian are being charged with manslaughter over the deaths of five elderly care residents in a food-poisoning incident which took place at one of the group’s French nursing homes in 2019.
April 21, 2023
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