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Despite the dependence of UK healthcare services on immigrant labour from Europe, Brexit has actually seen shares in quoted UK groups soar as investors seek what are perceived to be safe sectors. Meanwhile, Carlyle's investment in Schoen Klinik shows that new types of investors are likely to keep demand high for healthcare services.
July 1, 2016

UK healthcare faces up to Brexit

The UK has voted to leave the EU unleashing economic and political turmoil that has taken the legs out from under Sterling, ignited press hysteria and will likely see the leaders of both major parties replaced. As always, the NHS was front and centre during the campaign. But concerns for healthcare more broadly, including the private sector, are numerous. We talk to investors, operators and advisors.
July 1, 2016

Unicare to expand in the Nordics

One month after it sold to private equity house G Square, Unicare has big expansion plans across the Nordics. Tom Tidemann, CEO of Unicare says the group just bought an 80-bed rehabilitation hospital in Norway –and there is more to come.
July 1, 2016

Interview: Andy Fischer, CEO, Medgate

Swiss teleconsultation provider Medgate recently partnered with healthcare fund Aevis Victoria. Founded in 1999, Medgate has grown annually at an average 32% and has grown from 100,000 teleconsultations in 2005 to 725,000 in 2015. Besides teleconsultations, it runs its own referral partner network with over 1,700 members plus two self-managed health centres in Switzerland. It has also set up franchises in Abu Dhabi, Sydney and Manila. We speak to CEO Andy Fischer to learn more.
July 1, 2016

Aviva and Prudential mull data share

We hear that Prudential and Aviva, the third and fourth players in the UK private medical insurance market, are planning to share their healthcare data. Our sources say that unless they can share they are at a serious disadvantage to the top two players, Bupa and Axa.
July 1, 2016

Could Eurofins break the Unilabs impasse?

Bioanalytic testing outfit Eurofins Scientific has just raised €200m through a private placement with La Caisse des Dépôts et placement du Québec (“CDPQ”), one of Canada’s largest institutional fund managers. CDPQ and other institutions have also said they are happy to dip into their pockets to fund more acquisitions. West European lab/imaging group Unilabs could be a target.
July 1, 2016

eHealth: towards paperless healthcare systems

“eHealth is like teenage sex: everyone talks about it, nobody knows how to do it, everyone thinks everyone else is doing it, so everyone claims they are doing it,” was how one attendee at eHealth in Amsterdam used Dan Ariely’s famous take on big data, summing up where the sector is today. There is more than a grain of truth in the jibe. But there is real progress. By 2018, 18 EU member countries are set to go live with the exchange of patient records and e-prescriptions. Estonia, the only country in the world to have a nation-wide Electronic Health Record (EHR) system built its eHealth system for only €10m –the equivalent of €7.50 per head. And Mhealth, remote monitoring and artificial intelligence all promise to transform the sector over the next decade. We investigate progress to date.
July 1, 2016

Finland sees big fee hikes in outpatient specialties

Fees for private doctors in Finland rose up to 28% between 2010 and 2015 – three times higher than the 9% inflation rate. We speak to Ulla Tuominen, senior researcher at Kela (Finland’s social security) and Juha Tuominen medical director at Finland’s largest private operator Terveystalo.
July 1, 2016

Interview: Philippe Tapié, CEO, Maisons de Famille

French nursing homes are finding new ways to reduce costs –and get more patients. That means more homecare, more day care and more remote care, according to Philippe Tapié, CEO of France’s fourth largest elderly care group Maisons de Famille, who has just bought Spanish chain Amma for an estimated €230m.
July 1, 2016

Interview: Lars Christian Dahle, CEO, Dignio

Can telecare and telehealth keep the elderly and chronically ill in their own homes longer? A recent pilot in the city of Oslo, Norway, suggests the answer is yes, with a 32% percent reduction in hospital admissions and a 59% drop in the time nurses spend on home visits. That is thanks to a device which automatically relays readings (blood pressure, thermometers, breathing, etc) to an iPad and on to a central monitoring station. Dignio is also active in Sweden and Denmark and is exploring elderly care in China.
July 1, 2016
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