Romania's only substantial specialised rehabilitation hospital looks to be in financial difficulty, after it reportedly laid off the majority of its staff. Should it close, it would spell the death of a nascent market.
For-profit hospitals across West Europe are ramping up activity as governmental financial protections are slowly phased out, but it's taking much longer than in outpatient facilities and varies wildly from country to country. Why? HBI looks at the situation in Germany, France, Switzerland, the UK and Ireland.
Dr Schmidt gives HBI the inside view of Germany's €9-10bn rehabilitation sector in the pandemic months, from how activity dropped to what financial support it got, to its medium-term outlook. Are digital therapeutics apps like Kaia Health, which recently raised $26m, a threat?
Netherlands-based elderly tech solutions developer FocusCura has been bought by listed Swedish conglomerate ASSA ABLOY around 18 months after spinning off its telemonitoring app Luscii into a separate subsidiary. The €20bn market-cap 'access solutions' firm is a curious buyer but it tells HBI that the acquisition creates opportunities to develop further products for elderly care.
Indian hospital chain Max Healthcare saw its Q4 (January to March) consolidated profit leap 75%, despite the start of lockdown at the end of that period seeing occupancy plummet by two-thirds.
Private hospitals in the UAE are seeing higher-than-normal volumes for the summer months as fewer people leave the country because of COVID-19 travel restrictions or hesitation, local sources tell HBI.
A GCC-based post-acute and long-term care provider tells HBI about the plethora of rehabilitation needs his clinic is seeing amongst COVID-19 survivors. The region has a high rate of type 2 diabetes, the key pre-existing condition that predisposes people to a bad COVID-19 infection.
Private equity firm Waterland has no current plans to put German rehabilitation group Median Kliniken up for sale again, and is focusing on internationalising the business into the UK, France and the GCC, Median CEO Andre Schmidt tells HBI.
UK private hospital operator Circle Health is to divest its Bath and Birmingham hospitals to get competition watchdog approval for its buyout of larger competitor BMI Healthcare.
The recently formed Finnish government's moves against outsourcing spell trouble for big social care providers like Esperi Care, Attendo and Mehilainen, a local source tells us, though a second reckons healthcare service outsourcing might be more at risk.
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