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HBI News Roundup, 12 July 2024

In this HBI News Roundup, we look at prospective bids for French drug giant Sanofi’s consumer health division, retail giant Walmart’s options for loss recoupment after the sale of its 51 health clinics earlier this year, and Affidea’s prospective growth in Northern Ireland, among other stories.

How AI is improving diagnostic imaging

Diagnostic imaging faces similar capacity and workforce issues as other areas of healthcare. But hundreds of start-ups are developing AI tools to ameliorate the situation. According to Antoine Jomier, CEO & Co Founder of Incepto Medica, a platform for imaging AI applications, there is at least a 30-40% time-saving for radiologists and as much as a seven percentage point EBITDA margin increase for providers at stake. Patients, payors and health systems at large also stand to benefit.

Surprise result in France’s national assembly elections as left wing alliance comes out on top

No clear path for the French parliament with no grouping capable of securing a majority, as the far-right National Rally unexpectedly falls to third. The second round of the French National Assembly elections produced a shock perhaps even greater than that delivered by the National Rally’s successful European elections, as the left wing alliance defied earlier polling and emerged as the biggest grouping in the legislature.

HBI News Round Up, 5 July 2024

In this HBI News Round Up, we look at private equity firm TVM Capital Healthcare's investment into Saudi Arabia-based bio-generics provider Boston Oncology Arabia, French drug giant Sanofi's potential decision to invest more into its insulin production operation in Germany, a survey showing increased use of private healthcare in Hungary, UK real estate investor Impact Healthcare's sale of five care home, pan Asian private equity fund Everstone's merger of two of its healthcare companies, specialist healthcare software and data investment firm Extens' sale of software provider Must, multinational occupational healthcare provider Fullerton Healthcare Corporation Limited's launch of the first dedicated centre for executive health screening and advanced diagnostic imaging in the Philippines, medical supply drone deliveries being trialled in Ireland and healthcare logistics company UPS Healthcare's investment in more temperature-controlled vehicles.

Co-Med files for voluntary bankruptcy 

Troubled Dutch primary care chain Co-Med is filing for voluntary bankruptcy and closing all of its clinics, marking the end of a several month long saga in which the company faced severe financial difficulties, numerous quality complaints and legal challenges from former employees.

FREE BLOG Guest Blog: My Key Highlights from the Healthcare Business International Conference

Farid Fezoua — Global Director of Health, Education & Services, International Finance Corporation Global healthcare is in flux. Amid shifting demographics, rapid technological transformation, climate-induced risks, and changing patient expectations in the face of widening disparities, traditional healthcare models are falling short. How do we reverse this trend and keep global development on course? What can we learn from emerging market contexts?

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