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IFC backs Regency Hospital to expand in Uttar Pradesh

The World Bank's investment arm International Finance Corporation (IFC) is backing an Rs 160 crore ($24m) investment to expand Regency Hospital in Kanpur, India. The plan is to open a new secondary hospital and an oncology centre run jointly with Bangalore-based cancer specialist Health Care Global (HCG). Regency will also expand across Uttar Pradesh with new hospitals in Lucknow and Allahabad.

Marcel Hermann quits at Médipôle Partenaires

Marcel Hermann, who founded Médipôle Sud Santé in 2006, has quit as president of Médipôle Partenaires, now the third largest French hospital group. He had been named in the ‘Panama Papers’ scandal suspected of tax evasion. There are rumours that the group could IPO as soon as the autumn of 2016.

A new UK primary care model

GP Delivered Quick or GPDQ promises to get a family doctor to your door between 8AM and 11PM 365 days a year, usually within an hour. It charges upwards of £120 (€150) for the service. We spoke to founder and CMO, Dr Anshumen Bhagat, about the business model.

Poor growth prospects push Helios to look beyond Germany

German healthcare giant Fresenius is bidding for Irish hospital and outpatient network Mater Private. This would be its first hospital operation outside Germany, where its Helios subsidiary is the market leader. Helios has traditionally avoided international expansion but, with no hospital privatisations in sight, growth opportunities in Germany are very limited.

Dunyagoz to strengthen its hospital network

Turkish ophthalmology group Dunyagoz, which runs 22 centres in Turkey and Europe, is expanding to neighbouring countries and beyond. It is looking at Iran and Russia and is launching two new hospitals in the Netherlands and Azerbaijan in June 2016. We speak to CEO Koray Ozbay about the group’s strategy.

Interview: Dr Sanjeev Kanoria

An ex-McKinsey consultant and a liver surgeon by training, Sanjeev is one of four brothers running a family conglomerate which is the second largest non-banking financial institution in India. He is also chairman of Advinia healthcare, a chain of 16 UK care homes which he founded in 1999 with his wife sangita. In 2017, he will launch a brand new 400 bed, multi-specialist hospital in New Mumbai, India, which plans a stream of joint ventures with specialist providers.

Medsi in a bad way

The Russian hospital and outpatient group, Medsi, saw a net loss of 127m rubles (€1.7m) as sales fell by 16% in 2015. A spokesman for Sistema, Medsi’s parent company, put the result down to losing a service contract with the civil service and capital expenditure on a new diagnostic centre. But OIBDA fell by 44.1% year on year, following a 27.3% fall last year.

Antin Infrastructure Partners buys French psychiatry group Inicea

Antin Infrastructure Partners, one of the largest private equity house to focus on infrastructure, has bought a majority stake in France's third largest psychiatry group Inicea for an undisclosed amount. This is Antin’s second healthcare acquisition in less than a year after German lab chain Amedes. We speak to Angelika Schöchlin, Senior Partner at Antin Infrastructure Partners.

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