Nordic care groups Unicare and Norlandia are handing their for-profit nursing homes in Norway to not-for-profits or municipalities because the latter refuses to work with the private sector.
Elective cancellations mean that just 40% of Life Healthcare's beds are occupied and that imaging volumes for its UK subsidiary Alliance Medical Group (AMG) are down 65%. The latter will be paid average revenue by NHS England for March and April.
Belgium, where health ministry figures show 53% of the country's 7,594 COVID-19 deaths have occurred in care homes is mass-testing all residents and has already completed over 100,000 tests. We are told that there are some surprising results. The aim is to enable homes to build COVID-free operations so that they can start replenishing.
Sistema, the conglomerate which owns Russia's largest private healthcare group Medsi, has developed a test through its biotech arm which can be rolled out across Medsi's clinics. It may be one of the only major private healthcare providers anywhere which is under the same ownership umbrella as a biotech company developing new tests.
Italy's largest private hospital operator Gruppo San Donato (GSD) has raised a €265m loan from five Italian banks to go towards the construction of its new 16-story hospital in Milan.
The UAE's decision to mass-test its population for COVID-19 and develop responses at the federal rather than emirate-level look to be paying dividends, notwithstanding its very young population. But how far is the private sector involved in the response, both in the UAE and neighbouring Saudi Arabia? HBI talks to local hospital, lab and advisory sources.
The management and supervisory boards of German hospital operator Rhoen Klinikum have recommended shareholders accept competitor Asklepios' takeover offer of €18.00 per share. But 25% shareholder B. Braun is proving troublesome and with Rhoen's share price now at €18.64, the saga seems far from over.
Anecdotally, care homes across Europe are 'the new epicentre' of the coronavirus but most states still don't have any grasp on how much of the sector is infected. HBI collates reports to assess what the real impact of the coronavirus is across Western Europe. It suggests that rates could be under-reported by 80%.
Much of the world’s workforce is sat working from home and many others are out on the frontline, either in hospitals or retail. That is presenting new potential customers for a host of online mental health services across Europe as they seek to plug the gap where the public sector has pulled back. Employers, health care providers and individuals – including children stuck at home – are now bumping up demand.
Property investors see healthcare as a far more attractive option than bombed-out leisure or retail and are already back in the market, says Stephane Pichon, boss of Your Care Consult, which has just published its 2019 European property report. That is despite a big hike in interest rates on bank loans. We look at the current situation across Europe and also at Your Care’s figures on 2019 market size and growth rates by country.
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