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German labs accused of lobbying to profiteer from Covid

A group of journalists from German broadcasting companies Westdeutscher Rundfunk (WDR) and Norddeutscher Rundfunk (NDR) and German daily newspaper Süddeutsche Zeitung (SZ) has accused Germany’s private labs groups of lobbying the government in order to protect their Covid testing profits. 

AXA IM debuts in Spain with ESG nursing home deal

Global investment manager AXA IM Alts (the alternative investment arm of AXA IM) has joined forces with Spanish real estate investor Grupo Lar to invest in Spanish health care real estate assets, marking its launch into the Spanish health care market. 

German reforms “could kill PE outpatient investment”

German health minister Karl Lauterbach offered a politicised Christmas present in December with an announcement he would stop “locust investors” buying up outpatient medical practices. A German VC source tells HBI this could “kill” private equity investment in German healthcare, and push innovation elsewhere.

EU approves new digi-physical primary care service in Ireland

The EU has given the green light to a joint venture between Centric Health, Ireland’s only major private primary care chain, and Irish Life Health, one of Ireland’s four private health insurers. The joint venture will provide a new digi-physical primary care service to Irish Life Health customers. 

French government-backed CDC could bail out Orpea – for a price

HBI hears that French public sector financial institution Caisse des Dépôts and institutional investors are willing to invest in under-fire French elderly care group Orpea - at a price. The group wants control. With time running out, three France-based analysts share their views.

Public nursing home crisis could lead to privitisations

It’s been a particularly rough start to the year for public nursing homes in France. A staggering 85% of those who took part in a recent survey ended 2022 in the red and the deficit is now leading to calls for reform - and billions in additional funding from the government. HBI talks to two French market experts to find out more about what this means for the market.

CVS mulls splashing $10bn+ on primary care chain

CVS, the largest pharmacy chain in the US, is reportedly considering buying listed primary care chain Oak Street Health for $10bn, as part of its strategy to gain control over the entire patient pathway. Oak Street’s shares rose 33% after the news broke on Monday, January 9, giving the company a market cap of over $7bn at the time of writing.

Spanish group rubbishes rumours of sale

Multiple sources tell HBI Spanish for-profit hospital group Grupo Recoletas is up for sale, and rival HM Hospitales could follow if it hasn't already. Recoletas outright denies there is any process.

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