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Egypt opens door to private sector in healthcare

In May 2024, Egypt approved a law permitting private management of public hospitals, aiming to improve services. While the new law represents a potential opportunity for new investors and international operators, there are a range of factors prospective partners need to consider before entering the Egyptian healthcare market.

FREE BLOG Are PE firms guilty of ‘asset stripping’ hospitals?

A new study published in The Journal of the American Medical Association examines what happens to the total value of assets held by hospitals after they are acquired by PE firms, finding that it typically drops. Does this suggest PE firms are guilty of ‘asset stripping’ hospitals to enrich shareholders at the expense of hospitals’ long term interest? 

Period tracking app Flo reaches unicorn status

London-based Flo Health, a menstrual cycle and ovulation tracking app, has raised over $200 million in a Series C round led by General Atlantic, a New-York based private equity firm. The funding values Flo at over $1 billion, making it the “first purely digital consumer women’s health app to achieve unicorn status”, as well as the first European femtech company to.

Indian conglomerate Peerless Group invests $120 million to expand healthcare presence

Peerless Group, India's Kolkata-based diversified conglomerate, plans to invest about ₹1,000 crore (~$120 million) into its healthcare and mixed-use real estate projects over the next three years, according to a report by The Hindu Business Line on August 1. The group is working on the development of a 160-bed cancer care centre, the SK Roy Institute of Oncology Services (SRIOS), with an estimated investment of around ₹500 crore.

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