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KPMG talks healthcare opportunities in the islands 

We talk to Dr. Ed Fitzgerald, who is being appointed head of healthcare for KPMG Island Group. The firm’s offices are present in a region covering 45 million people across Bermuda and the Caribbean, and a further 760,000 in Malta, the Isle of Man and the Channel Islands. Quarantining after his recent return to Bermuda, he told us of the island’s challenges in reducing its per capita healthcare costs (second only to the USA), why islands struggle to introduce universal health coverage and spotlights commercial opportunities. 
May 5, 2021

KRY raises biggest European telehealth round in two years

Swedish telehealth company KRY tells HBI that it will soon launch its mental health offering across Europe and is considering a move into digital therapeutics after raising a $300m Series D. The company confirms its valuation is now above $2bn. Click here to see our telehealth report, and click here to see a profile of […]
April 29, 2021

EU countries to pump €50bn into health and social reform recovery plans

EU countries have already earmarked over €47bn euros to spend on health care from the €672bn Recovery and Resilience Facility (RRF), the continent's centrepiece of COVID-19 recovery. Digital innovation, primary care and long-term care are clear spending priorities across the board. We should know the full allocations next week.
April 29, 2021

Diversification saves Life Healthcare

Life Healthcare's international division continued to make up for its sluggish core South African (SA) market in the last two quarters meaning it expects better results than SA-only competitor Netcare. German group Asklepios, the largest single-country hospital operator in Europe, saw a big loss in 2020 despite generous state support.
April 29, 2021

French groups drive to consolidate Irish nursing home sector

Orpea, the pan-European care home operator, has continued its drive to become the number one player in the Irish nursing home sector. Local operator Virtue, which is majority-owned by French operator Emera, is also expanding its market share.
April 29, 2021

Kaia Health raises $75m to develop motion tracking solution

Europe's most funded digital therapeutics start-up Kaia Health has raised a $75m Series C bringing its total amount raised to date to over $100m. CEO Konstantin Mehl tells HBI it will be spent on building the commercial team in Germany and the States as well as developing its motion detection solution used for treating chronic pain on mobile phones.
April 28, 2021

Ramsay Santé borrows €1.65bn dirt cheap

Ramsay Santé, the European arm of global hospital group Ramsay Health Care, has refinanced its €1.65bn syndicated debt and introduced an environmental, social and governance (ESG) component for the first time. The interest rate is eye-wateringly low for an S&P BB- rated issue, reflecting the backing that Ramsay Santé enjoys from the French government.
April 28, 2021
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