Recently filed accounts for UK telehealth unicorn Babylon show the group made £6m sales with almost £100m losses in 2019. However, a well-placed source gives HBI a more accurate picture of the holding company's accounts, filed privately in Jersey.
A detailed draft on German long-term care (LTC) insurance reform is expected in the coming days, HBI hears. The government plans to cap the out-of-pocket spend on residential care to €700 a month, three times less than the current average spend.
Multiple sources tell HBI that DACH psychiatry and acute hospital group Ameos is preparing for sale or refinancing. The group vehemently denies it is preparing for sale.
NHS England trusts have triggered clauses granting full access to private hospital capacity in some areas as COVID-19 hospitalisations soar, amidst controversy over the ramp-up of private pay activity - although private operators tell HBI they are focusing on time-critical surgery and cancer care.
Hungary's largest private acute care operators continued double-digit revenue growth of previous years in 2020 despite COVID-19, HBI can reveal. Recent analysis by analysts shows much of the sector's pre-pandemic growth may have been enhanced by capturing the 'grey' market of previously under-the-table private pay.
Pan-European imaging operator Affidea and Andalusia-based group HT Medica have resumed their consolidation of Spain's imaging market with single-centre deals in January. Meanwhile, France's third-largest consolidator has grown to 300 radiologists with private equity backing.
Not all of the PMI-funded treatments deferred by the COVID-19 crisis will be treated once it's over. One private insurer is modelling for just 50-60% of those claims to ever come back.
Pan-European nursing home group Orpea has acquired a training academy in Austria, HBI can reveal. It signals a new wave for the group, which tells HBI that it wants to be known in five to ten years as a school, alongside its care and property arms. It will use the licence to build a university campus, doubling the number of people trained locally, and then duplicate this model across all its markets.
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