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Colombia’s statutory insurers on edge

Colombia's Minister of Health Alejandro Gaviria discussed the country's statutory insurance crisis at the private hospital association's 2016 ACHC Congress in Bogotá. Gaviria is wary of public subsidies to statutory insurers and rules out healthcare reform over the next couple of years. Instead, he argued, the system must draw on private funds to overcome liquidity problems.
July 7, 2016

Puzzles in Aster DM’s red herring prospectus

Middle East and Indian hospitals to pharmacy chain Aster DM’s red herring IPO prospectus begs as many questions as it answers. Why is EBITDA so low? Will its founder escape criminal charges? Why does it not include full financial year data? So how can it be worth 16,000 crores (an eye watering $2.4bn), that is more than Narayana and Fortis put together?
July 6, 2016

Chinese telehealth app raises US$183m

Chinese telehealth app Chunyu Yisheng raises RMB 1.2bn (US$183m) in a pre-IPO round, as the group is reported to list via a reverse takeover with an unnamed company. The news comes one month after insurer Ping An’s Doctor app, a similar product, completed a Series A funding round of $500m.
July 6, 2016

Einstein cuts costs

Retaining talent in hotelier hospitals and containing costs are two of private healthcare's main challenges in Latin America. Claudio Lottenberg, president of the Albert Einstein hospital in São Paulo, presented these challenges as two sides of the same coin at the Colombian private hospital association's 2016 ACHC Congress. Through engagement with physicians, Albert Einstein has achieved several milestones in cost control, quality and staff satisfaction, Lottenberg claimed.
July 6, 2016

Healthcare Europa June 2016

Please log in to see your June 2016 issue of Healthcare Europa. Our take on Brexit, an interview of Philippe Tapié, CEO of Maisons de Famille, a study on the future of PMI in Europe, two reports on the English NHS - and coverage of the 2016 eHealth week in Amsterdam.
July 5, 2016

Low-cost Indian ophthalmology chains expand

Two low-cost Indian ophthalmology chains are looking to expand. Based in central India, Eye-Q is opening five new facilities in the province of Maharashtra before going to Nigeria, while smaller group Dishtri aims to grow in the southern state of Karnataka.
July 4, 2016

Private equity to enter Chilean payor-provider Masvida

Latin American private equity fund Southern Cross is doing due diligence to buy a majority stake in Masvida, Chile's fourth largest health insurer with an eight-clinic provider network. The plan is to compete with Banmédica and Bupa for national coverage, starting with 400 new hospital beds in 2017. We speak to president Dr. Claudio Santander about the business and we also look at valuations.
July 4, 2016

Kubliakov plans ten thousand bed assisted-living network for Eastern Europe

France-based Senior Group, which has started several care homes and assisted living facilities in the Baltic states is to launch a 10,000-bed network across Eastern Europe. The first stage of this ambitious project already started in the three Baltic capitals, where 350 beds are expected to be operational by 2017. We speak to CEO Nicolai Kubliakov.
July 4, 2016
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