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Pantheon stalks the managed equipment services market

Entire countries are moving from buying medtech and consumables outright to service models using new intermediaries - so-called managed equipment and multi vendor service integrators. These can service, buy, run and finance all medtech products. Pantheon Healthcare Group, backed by a company owned by the Permira Funds, is moving into Saudi Arabia, where it sees huge potential and hopes to be closing many large contracts in the near term. Founder and Director Rob Piconi and Chief Scientific Officer Stephen Hodgson say that the public sector in Hungary, Saudi Arabia, the Netherlands, Canada, Sweden, the UK, Italy and New Zealand are among many developed and emerging market countries that have adopted or are looking to adopt the new healthcare service model.

FREE BLOG Middle income countries and elderly care

Orpea’s acquisition of MEDI-System, the largest nursing home chain in Poland, shows the huge potential for private elderly care in middle income countries in Europe and around the world.

Orpea buys Polish platform

As we exclusively forecast here, MEDI-System, the largest Polish nursing home group has now been sold. Orpea, the Pan-European nursing home chain is to buy the group which had 2015 sales of €10m. Orpea president Dr. Jean Claude Marian explains why East European countries have enough demand to support premium elderly care offer, and so why Orpea has bought Medi-system.

Meinian ups bid to over $1.7bn for iKang

The consortium led by quoted outpatient operator Meinian has raised its bid for rival Chinese outpatient group, iKang, from $23.50 to US$25 per American Depository Share (ADS). That is 40% higher than the offer of US$17.80 from the management-backed consortium led by former iKang CEO, Zhang Ligang which is backed by Canadian pension fund, Ontario Teachers’ Pension Plan (OTTP), and the founder of Chinese online giant, Alibaba.

MIPC plans to IPO largest Philippino hospital chain

Metro Pacific Investments Corp. (MPIC), a listed Phillipino investment manager, plans to IPO its hospital subsidiary next May for up to US$300m. The highly acquisitive Metro Pacific Hospital Holdings will be the Philippines’ largest hospital group.

FREE BLOG Canadian pension funds sniffing around healthcare

We know that there is no shortage of institutional money destined for healthcare. For long term and defensively minded funds the attractions are obvious. The glut may also be about to grow as Ontario Teachers’ Pension Plan (OTPP) joins the consortium looking to take Chinese operator, iKang, private. OTPP was also interested in the German lab group, synlab, last year. So are investors increasingly building portfolios across European and Emerging Market healthcare?

IHG wins big Chinese hospital contract

Privately-owned and British-based International Hospitals Group, has won a ten year contract which could be worth £300m ($440m) to manage three new hospitals built by Chinese conglomerate Wanda with a $3.2bn investment which Wanda claims is the largest ever made in China in healthcare services.

Private hospitals become increasingly political in Turkey

Some 21 private hospitals with links to the Gülen movement, an organisation opposed to the ruling AKP party, were refused renewals of their contract with social security insurance (SGK). The move comes amid allegations of corruption involving the AKP in the private healthcare sector.

Interview: Amit Thakker, founder, Kenya Healthcare Federation and Avenue Healthcare

With the East African region expected to grow GDP 6.7% in 2016, according to the African Development Bank, it is no wonder foreign investors are pouring in. An IFC report from 2007 estimated 60% of health financing is from private sources and 50% of health expenditure is spent on private providers. The HMO model, in particular, is attracting a growing middle class.

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