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Danish private hospitals fight new status

As private hospitals in Denmark form a new association bringing together rehabilitation and preventive care providers, a new regulation changing the status of hospitals is coming under fire from the private sector. We speak to Bent Jakobsen, vice-president of the new association and medical director of Aleris Hamlet.
April 22, 2016

Acibadem confirms Bulgarian deal

The Turkish subsidiary of IHH Healthcare Berhad, Acibadem, will buy Bulgaria’s largest private hospital, Tokuda, and up its stake in the chain, City Clinic, for a total of €144.5m including debt. “We will focus on medical tourism,” Angel Angelov, a shareholder at City Clinic told Reuters, before confirming interest in attracting customers from the CSU and the Middle East.
April 22, 2016

Northwest REIT buys Berlin MOBs

The Canadian REIT, Northwest Healthcare Properties, purchased two medical office buildings (MOBs) in Berlin for €13.5m. The Mehrower Allee Complex will pay a 6.8% yield with an average lease expiry of four years.
April 22, 2016

Orpea closes pricey Sanyres deal

Sources claim Paris-listed care group Orpea has closed a preliminary agreement to buy Spanish nursing home group Sanyres for nearly 13x EBITDA. Spain's market leader SARquavitae only pulled out at the last minute, we hear. But Orpea had the upper hand thanks to its strong financial muscle and Sanyres' asset-heavy operation fitted well with its approach.
April 22, 2016

MDMG leads the way in Russia

Russian maternal health specialist, Mother & Child Hospitals (MDMG), posted strong first quarter operational results and opened a new greenfield clinic in Kostroma. IVF cycles grew by 55% and deliveries grew by 18% y-o-y. Russia’s biggest private healthcare operator by sales is demonstrating the market’s potential with EBITDA margins of 28% on sales of 9,507 million rubles (€128m) in 2015. We spoke to CFO, Vitaly Ustimenko.
April 21, 2016

FREE BLOG Chinese hospitals look abroad for expertise

As Luye Medical Group, part of the $2.5bn Hong Kong-listed pharma giant Luye Pharma, spends $700m on Australia’s third largest hospital operator to help ‘designing and managing Chinese hospitals’, it is clear that the Chinese healthcare industry is looking to Westernise. But the country is still a difficult market to enter.
April 21, 2016

Chinese operator spends $700m in Australia

Healthe Care, Australia’s third largest hospital operator, sold to Chinese provider Luye Medical Group for $700m (A$938m). Luye aims to import Healthe Care’s management expertise to China and is planning a $234m (A$300m) hospital expansion plan in Australia.
April 21, 2016

Low-cost dialysis group to build Africa’s largest network

Dialysis provider Africa Healthcare Network secured a contract with the Ministry of Health in Rwanda to deliver kidney care to district hospitals across the country. The group aims to triple capacity in Rwanda in the next year and launch up to 100 centres across Sub-Saharan Africa in the next five years. We speak to CEO Nikhil Pereira-Kamath.
April 21, 2016

FREE BLOG What price a market in Visegrad?

Slovakia recently re-elected the Smer-SD party to government at the head of a four party coalition. Very little unites the four parties. One thing that does is opposition to private healthcare. Here Slovakia has joined Poland, the Czech Republic (or Czechia) and Hungary in electing statist governments. So is Central Europe no longer open for business?
April 20, 2016

Medlife buys Romania’s largest dentist

Romania's race to consolidate the healthcare sector is stepping up. Frontrunner Medlife has bought the country's largest dental chain Dentestet. Meanwhile, Regina Maria continues to expand its hospital network.
April 20, 2016
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