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Cerba set for autumn sale

French lab group Cerba will be sold by its private equity owner PAI Partners in the autumn, reports the French daily Les Echos. It could fetch up to 13 times EBITDA from either European PE buyers, Canadian pension funds or emerging market buyers, and Natixiis and JP Morgan are handling the sale process, it reports.

Korian and Orpea on track to meet full-year sales targets

Paris-listed care groups Korian and Orpea, the two largest in Europe, released solid half-year results this week. The former reiterated its €3bn full-year sales target for 2016, whilst the latter revised it upwards by €90m to €2.81bn.

Armonea enters Spain and Germany

Belgium's largest care group Armonea has bought care operations Deutsche Pflege und Wohnen (DPUW) in Germany and La Saleta in Spain. These are Armonea's first international deals, which add up to a network of 125 nursing homes with 14,000 beds and sales of €420m in total. The plan is to expand nationally upon these platforms, CEO Chris Cools says.

FREE BLOG The lessons of Universal Health Coverage

This week we take a look at universal health coverage (UHC). This is central to the global health policy agenda and will remain so, at least until 2030, when the world evaluates its progress towards the sustainable development goals. What is really fascinating about UHC, however, is that it does not exist - it is an ideal. Even more so, it’s not a particularly well-defined one and is difficult to measure. This means that private healthcare, whose markets will be closely shaped by UHC, has little certainty. So what can we say for sure?

UAE homecare group Manzil expands to Qatar

TVM Capital-owned Manzil Home Health Services, which provides homecare services in the UAE and Egypt, has entered Qatar and eyes further expansion in Saudi Arabia and Turkey. Hoda Abou-Jamra, co-founder of TVM Capital Healthcare Partners, explains why those markets are very different.

Raffles plans US$735m expansion

Singapore hospital operator Raffles Medical Group is to spend US$735m (S$1bn) in the next three years to expand its presence across Asia, especially in China.

Personnel shortages to constrain Narayana’s growth, says chairman

The Indian hospital group, Narayana Hrudayalaya, could add another 4,000 beds before staff constraints halt its growth, says chairman and founder, Dr Devi Shetty. The country is short of three million doctors, he says, and staffing his hospitals is becoming increasingly difficult.

Interview: Mike Wagner, Executive Director, The Advisory Board

We speak to Mike Wagner, executive director at healthcare consultancy The Advisory Board. Wagner believes there'll be a move towards a risk-segmented payor system that combines greater cost control for chronic patients and more service-oriented healthcare for the bulk of the population. Giving up old reservations and partnering with disruptive newcomers is key.

Carlyle to exit Concord

Private equity house Carlyle is exiting Chinese outsourcing group Concord Medical Services as management delists the company from the New York Stock Exchange. CEO Jianyu Yang's investment vehicle Morgancreek Investment and partner Blue Ocean Management will gain full ownership. They plan to expand the business to wholly owned cancer centres.

Diaverum enters China

Renal care provider Diaverum is entering China through a JV with state-owned conglomerate Yueda. The group is planning to build a network, initially in a handful of provinces including Jiangsu and Guangdong citing huge demand and decent public reimbursement schemes. We speak to Mans Olsson, Head of Middle East and Asia.

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