The founder of EMEA hospital group Mediclinic, Dr Edwin Hertzog, will be replaced as chair of the company board in July, 37 years after he founded the company. What does the choice of replacement signify for the future of the company?
Sweden's liberal attitude towards containing COVID-19 has divided opinion amongst HBI sources. But both agree its heavily de-centralised healthcare system has been a major stumbling block to preparations, with an operator saying that without state aid, the private health sector is 'facing a real disaster'.
HBI has revised its HBI Intelligence forecast for growth in the UK dental market in 2020 down to -2.5%. It had been growing at 3.5% - but that was before the COVID-19 outbreak. One UK-based operator forsees revenues plunging, multiples dropping, patients avoiding appointments and some owner-practitioners simply calling it a day and selling up.
Labs across Europe are set to lose at best a third and at worst all of their routine testing volumes as healthcare systems narrow their focus on coronavirus and patients stay away. The picture is even bleaker for imaging groups.
As COVID-19 surges in Europe beyond the (reported) levels in its source country and across emerging markets, government utilisation of private hospital capacity is a mixed picture. And there are discussions about the possibility of wholesale requisitions of private capacity in emerging markets with under-resourced public healthcare systems.
South African hospital group Life Healthcare has postponed its sale of Polish subsidiary Scanmed despite already receiving non-binding bids, due to the coronavirus.
French lab network group Biogroup LCD will hold 20% of its domestic private lab market following its latest acquisition, CEO Stephane Eimer tells HBI. The deal is likely to be one of the last before M&A grinds to a halt.
An exclusive analysis by Chinese insurance giant Ping An suggests COVID-19 cases could reach a turning point in the next few days, hitting the peak of new confirmed cases by later this week / early April, with that figure set to fall thereafter.
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