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Healthcare Nova March 2016

Healthcare Nova March 2016 We delve into the debate on the price of private healthcare in South Africa, get the inside scoop on Stuart Fletcher's removal from Bupa and examine the potential of rating and booking sites in Emerging Markets.     Username Password Remember Me     Forgot Password

Rating and booking sites: Threats or Friends?

There are growing signs that a new generation of rating and booking websites will change the face of outpatient care in many Emerging Markets. New players, sometimes backed by hundreds of millions of dollars, are investing in telehealth platforms that promise instant access to patients, partnering with pharmacies and making access to healthcare easier for patients. Some are active in dozens of countries. Here we talk to the major players about their strategies and how they see the market.

Siloam to invest $100m in expansion

Indonesia's largest hospital group PT Siloam International has a two-year plan to expand regionally with 13 new emergency hospitals. We talk to Managing Director Dr. Grace Frelita about the challenges faced by healthcare in the country.

KPJ seeks Malaysian dominance

Malaysia’s biggest hospital group KPJ Healthcare Berhad will spend RM1.3bn (US$333m) on eight new hospitals and RM4-500m (US$100-128m) on expansions to seven existing hospitals over the next three to five years. In 2012, the group announced aggressive plans to reach 40 hospitals by 2020 and with 25 already it’s well placed to dominate a prosperous market, Inani Rozidin, an analyst at Alliance DBS, tells us.

Apollo Sugar to open 30 clinics this year

The specialist Indian diabetes group, Apollo Sugar, plans to open 30 new clinics in five cities this fiscal year. The JV between Apollo Hospitals and pharma giant Sanofi is moving into second-tier Indian cities by opening smaller clinics funded by internal accruals and spare capital. “This model is more capital efficient,” CEO Gagan Bhalla told the local press.

Contrasting healthcare markets in the GCC

Too reliant on revenues from the petroleum industry, the GCC countries are pushing for economic diversification – and competing for foreign investment. As a result, the healthcare industry is seeing major government incentives and huge PPP projects. We look at how Saudi Arabia, the UAE and smaller Gulf states are drawing investors.

Tougher times in Poland

Life in Poland for the private healthcare sector promises to be interesting under Law and Justice party (PiS party) which won the parliamentary elections in October 2015.

Spanish bidding hots up

The bid for Spanish elderly care group Sanyres is coming to a close. As we wait for an official announcement, it appears that Paris-listed pan-European provider Orpea will pip Spain's top care group SARquavitae. Our sources expect the price to be an EBITDA multiple higher than twelve. Meanwhile, the bidding process for Spain's fifth largest group Amma has taken off. We look at the bidders and consider the sector.

MCO tariffs cuts in France: is it so bad?

Last month, the French government announced a 2.15% drop in tariffs for private hospitals. That comes after a 2.5% decrease in 2015. Most private operators are rather alarmist, saying it will lead to closures and job losses. They also consider themselves unfairly treated in comparison to the public sector. Yet, Yves Noël, president of hospital association Santé-Cité, says the situation isn’t so bad.

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