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Korian share price plummets after release of 2022 results

Korian, Europe’s largest nursing home operator by revenue, has seen its share price plummet 23% after it published its full-year results on Wednesday, February 22. The results revealed a 62% fall in net profit for 2022, due largely to inflation, but analysts tell us the company faces bigger problems related to the French elderly care sector's scandal, and debt refinancing.

Legal challenges may derail German investor crackdown

HBI hears German health minister Karl Lauterbach’s plan to stop “locust investors” from buying up outpatient facilities may be shot down by a double whammy of legal and political considerations. HBI speaks to a Germany-based lawyer and healthcare expert to find out more.

Good growth but profit problems for Terveystalo and Attendo in 2022

Elderly care group Attendo and outpatient group Terveystalo, two pan-Nordic giants with over a billion in revenue, struggled to turn a profit in 2022. This was despite strong (organic) revenue growth, set against a backdrop of rising inflation. HBI looks at the newly released results of both groups to find out more. 

Danish outsourcing deal ‘has broad consensus’ 

Last week we reported that some operators had expressed concerns after the Danish government made a new outsourcing agreement with the private hospital sector. This week we hear from operators more supportive of the development, who are keen to share a different perspective.

Denmark plans hospital outsourcing hike – and tariff cuts

The Danish government has set out plans to increase its use of the private hospital sector. Those plans will see for-profit operators allowed to treat publicly-funded patients more, but also include significant tariff cuts.

Mayo promises to support loss-making London centre

US-based nonprofit American academic medical centre Mayo Clinic has offered "unconditional" financial support - at least until January 31, 2024 - to its London facility, despite the latter losing millions. Meanwhile, Cleveland Clinic continues to expand in the UK capital.

Fresenius to deconsolidate FMC

Michael Sen, the new CEO of multinational health care conglomerate Fresenius, is making preparations to deconsolidate struggling dialysis subsidiary Fresenius Medical Care (FMC). The plans fall short of full divestment and may not be radical enough to appease investors.

Four Seasons – still for sale, still unsold

The sales process for the remaining bulk of financially troubled UK care home operator Four Seasons' assets has not been quick. HBI speaks to a market expert and to the group's property advisors to ask why the sale is taking so long.

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