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NMC hits back at ‘malicious’ attempts ‘to damage its credibility’

NMC has come out swinging after its share price plummeted 25% on Tuesday, December 17, a fallout from research firm Muddy Waters publishing a negative report. At the time of writing, its shares have dropped 48% in value from the closing price on Monday.

December 20, 2019

Debts stacking up for NHI schemes

Nearly three years after the CEO of Ghana's National Health Insurance Authority (NHIA) declared it "almost bankrupt", its President claims that his party has cleared the GHS1.2bn ($200m) debt. The country isn't alone in having stacked up debt: HBI looks at the arrears of NHI schemes across emerging markets.

December 19, 2019

Notre Dame makes seventh acquisition this year

Brazilian HMO Grupo Notre Dame Intermédica (GNDI) has acquired its seventh asset this year, an insurer based in São Paulo state, for R $49m (US $12m).

December 19, 2019

UK M&A sees record high despite weak pound

Consumer healthcare M&A in the UK has seen a five year high this year clocking up 26 transactions in total according to a new report. Activity has been focused in dentistry, cosmetics, dermatology and fertility.

December 19, 2019

Four Seasons ‘loses’ almost 60 homes to rivals

The UK's largest nursing home provider Four Seasons has had 57 of its leasehold properties sold to rival operators in a blow to its negotiation process with landlords over rent levels. The company is still waiting for a buyer for its freehold properties. We speak to a source close to the company.

December 19, 2019

Further acquisitions for Dental Partners

Fast-growing UK dental chain Dental Partners continues to make acquisitions ahead of a possible sale next year.

December 19, 2019

Korian acquires minority stake in Italian group

In line with Korian's ambitions to become a 'one-stop shop' for elderly care, the company has acquired a 42% stake in Italian domiciliary and residential care provider Over, the services of which will be managed through an online portal.

December 19, 2019

Veritas Genetics stalls in the States

Veritas Genetics, the US startup pioneering the sequencing of entire genomes, has ceased operating in the US, putting a spotlight on the future of its European and LATAM operations. The news comes following a price cut in the States which was designed to bring more customers onboard, but it seems its direct-to-consumer model struggled as […]

December 19, 2019

Aleris buys Swedish competitor to offer regions alternative to Capio

Pan-Nordic healthcare group Aleris has acquired the specialised hospital and acute care arm of competitor Praktikertjänst, doubling its Swedish footprint in a move that acting CEO Thomas Berglund says could drive more public sector outsourcing.

December 19, 2019

Saudi Arabian public sector teleradiology to go online in 2020

Next year should be the year public teleradiology outsourcing in Saudi Arabia becomes viable, a GCC-based healthcare IT vendor tells HBI. But who will be providing the services?

December 19, 2019

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