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Lusiadas Saude sale latest

HBI hears that there has been progress in the sale of Lusiadas Saude, Portugal’s third-largest hospital group by revenue.
May 5, 2022

Two new rival hospitals open in central London

This week UK healthcare charity Nuffield Trust opened a hospital in its first central London site, located within the grounds of Barts Health NHS Trust’s St Bartholomew’s Hospital site, while Cleveland Clinic last week opened a large facility in Grosvenor Place, also in central London.
May 5, 2022

Octopus Real Estate enters specialist care market

Healthcare property investor Octopus Real Estate is entering the specialist care market, spending £100m on a deal to purchase two sites from and finance the construction of a further four sites for UK care provider The Hamberley Care Group. Four of these sites will be rehab centres and two will be care homes.
May 5, 2022

Orpea appoints elderly care novice as CEO, share price dips

French nursing home giant Orpea has appointed a new CEO, as part of its attempt at reformation. This comes a week after initial findings from an external investigation into purported malpractice at the company identified multiple cases of administrative misdemeanours.
May 4, 2022

Dutch government looks to pull funding from nursing homes

Dutch elderly care is seeing a very definite government-backed shift away from nursing homes and towards care at home, with increasing reluctance for the public purse to pay for the 'hotel' component of care. HBI speaks to advisor Rune Aresvik from Vardetun, who has just completed a detailed review of the sector, to find out if this is a problem or an opportunity
April 28, 2022

Hungary facing four more years of Orbanomics

After the crushing victory of national-conservative Fidesz, led by Viktor Orban, the Hungarian healthcare sector awaits another four years of “Orbanomics”. HBI speaks with a Hungarian contact to learn more.
April 28, 2022

Could Andalusian deal mean Spanish PPPs are back in favour?

Andalusian authorities have signed a contract with Spanish for-profit hospital group Clínicas Pascual which will see the regional government financing five Andalusian-based hospitals owned by the company. HBI speaks with Spanish consultant Ignacio Riesgo to find out what, if anything, this signifies for the market.
April 28, 2022

Orpea audit’s initial findings suggest administrative mischief, but no abuse of residents

Initial provisional findings from the external investigation into French nursing home giant Orpea which it launched in response to accusations of malpractice at the company made by journalist Victor Castanet in “Les Fossoyeurs” (“The Gravediggers”) have confirmed some of the book’s allegations, including alleged incident(s) of questionable financial relationships with certain suppliers, "erroneous" use-of-funds statements, "noncompliance" with employment contracts and "use of intermediaries”. The company has decided to delay publication of its 2021 annual report till May 13.
April 28, 2022
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