Kuwait International Bank is selling off the debt it is owed by NMC Health, the UAE's largest hospital group which remains in administration following a fall from grace precipitated by short-seller Muddy Waters' report back in 2019.
HBI hears the first eight months of Germany's digital app reimbursement is viewed as "modestly positive", with statutory insurer AOK saying that it has prescribed 4,700 apps under the framework.
Palamon Capital, the minority shareholder of dental group IDH/mydentist has bought majority control from Carlyle. Bridgepoint had earlier bought the group for £700m but Palamon has now exercised a right of first offer to push it out of the sale.
South-East Asian private equity firm Navis Capital Partners has bought a buy-and-build platform for hospitals across Malaysia, Aurelius Healthcare. It wants to own 10 hospitals before it exits.
Centros Unico, a Spanish cosmetic surgery chain has closed four clinics in the UK with the current state of the company’s UK operations remains unclear. A source says they are franchised outlets.
Variation in homecare tariffs across the Danish municipalities is making growth in the for-profit sector difficult and forcing consolidation of smaller companies that cannot price match, HBI hears from several sources.
Brazil's largest hospital group Rede D'Or has raised $340m in new shares with a follow-on that includes Carlyle selling down its stake. It says it will use the proceeds of the primary offering to build and acquire new assets.
Job applications for social care have dropped off a cliff in the UK as the economy starts to open up, according to an operator. Groups in Germany, France, the Netherlands and Austria say they are still seeing a surge.
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