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Australia’s ICON Group acquires Cancer Centre London to address UK radiation therapy gaps

Icon Group, Australia's largest cancer care provider, has acquired Nuffield Health Cancer Centre London (CCL) to address gaps in radiation therapy across England.  Nuffield Health is the UK’s largest healthcare charity with a network of 37 hospitals and 111 fitness and wellbeing centres. This acquisition follows a partnership formed between the two organisations in August 2023.  Since early 2023, Icon and Nuffield Health have collaborated to enhance services and patient care at the center. The acquisition marks the next phase of their joint efforts to strengthen cancer care delivery in the UK.

Disruptive technologies and investing in healthcare — Interview with Johannes Virkkunen, European Investment Fund

Healthcare is on the cusp of a digital and AI revolution, with technologies like machine learning and deep learning projected to save $200–$360 billion in the US. With an ageing population and rising demand, healthcare promises growth, making it an attractive space for investors.  This week HBI caught up with Johannes Virkkunen, Head of Life Sciences and Transaction Services Division - Equity Investments at European Investment Fund (EIF), a financial institution for the provision of finance to SMEs headquartered in Luxembourg, about EIF’s investment strategy, underserved sectors and geographies in Europe. Plus, predictions for healthcare investments in 2025 and more. 

NHS England outsourced scans increase by 9% in 2024

This week’s infographic looks at the NHS outsourced scans in England. While the NHS conducts the majority of scans, outsourcing to private providers has steadily increased over the years, as shown in the first chart. Check out HBI’s previous coverage on NHS outsourcing to the private sector here for more information. Among private providers, Alliance […]

FREE BLOG Are we too precious about health data?

We are currently putting together a Special Report on big regulatory changes for healthcare technology that are about to come into effect in Europe. There are three big pieces of EU technology regulation about to come into effect which are particularly noteworthy for healthcare providers: the EU AI Act, the European Health Data Space and the Cyber Resilience Act (coming into force on Tuesday December 10th). The common theme linking all three of these is data.

One in five UK care providers may be forced to close by UK budget, according to survey

The social care sector could face potential collapse due to the combined impact of National Insurance changes and National Living Wage increases announced in the budget, the Care Provider Alliance (CPA) has warned. Without immediate government intervention, some 22% may have to close their business entirely, according to findings from the CPA’s survey of more than 1,180 care and support providers who serve hundreds of thousands of people across England. 

India has captured the attention of European and global healthcare investors

India, the world's most populous country, has become a hotspot for healthcare investments, seeing some of the industry's largest recent deals. Activity has been particularly strong in three sectors: hospitals, diagnostics, and digital health. A large population, a growing middle class, heightened healthcare awareness, and a shortage of quality healthcare infrastructure in urban and tier 2 and 3 cities have made the country a focal point for global investors who now view it as an "extremely attractive investment destination."

UK private hospital admissions increase overall but weight loss and cosmetic procedures drop – are GLP-1s at play?

The number of reported private hospital admissions in Q2 2024 reached a record level for that period in a year, and the second highest level ever, at 232,000, according to new Private Healthcare Information Network (PHIN) data. But while private hospital admissions were up overall — especially across common procedures like cataracts, chemotherapy and diagnostic upper GI endoscopy — some procedures declined. 

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