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New hospital group to launch in central India

A new hospital group, Hamsa Soham, is to launch in the central Indian states of Bihar, Orissa and Jharkhand in the fourth quarter of 2017. Founder Dr. Ravi Singh, who previously worked as Paras Healthcare’s regional director, says the group wants to focus on the maternity sector in second and third tier cities.

FREE BLOG A brave move

It is not often you come across private equity prepared to put serious money into building hospitals where 99% of the patients will be paid for by a public payor. The risks are high. So why is Penta Investments preparing to build a Pan-East European hospital chain with projected sales of at least €1bn by 2025?

Ribera Salud denies wrongdoing as allegation of kickbacks is investigated

Spain’s third largest hospital group Ribera Salud, through its purchasing arm B2B Salud, is being investigated for alleged involvement in receiving kickbacks – illicit payments to facilitate contracts. This is according to numerous reports in the Spanish press, including El Mundo, which suggests enquiries are being made into the companies, and named individuals.

Consolidation intensifies in Finland

Finland’s largest healthcare group is set to grow further – Terveystalo has "merged" with Diacor, which runs outpatient centres and a hospital in Helsinki, subject to regulatory approval. We spoke to CEO Yrjö Närhinen.

Mediclinic: Why has swallowing Al Noor given it indigestion?

What’s going wrong at Mediclinic – and why isn't it being more open about its problems? That’s a question being asked by some analysts after six monthly figures suggested swallowing up Al Noor has given South Africa’s largest hospital group indigestion.

Belgian-owned Chilean healthcare provider gets IFC funding for LATAM senior healthcare

A Belgian-owned Chilean healthcare provider is to receive up to $10million from the International Finance Corporation (IFC) – a member of the World Bank Group. IFC will invest the sum in equity in Seniority Chile S.A., a provider of senior healthcare services in Latin America that operates under the brand name of Acalis. This is IFC’s first transaction in senior healthcare services. We speak to Bart Vanderschrick, CEO of Belgian group Senior Assist International which Seniority Chile S.A. is part of.

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