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How the Cleveland Clinic has cut costs

The US non-profit clinic cut costs by $513m in the 2014-15 financial year according to its CEO, Dr Toby Cosgrove. Some of its reforms are interesting and unusual. Here is a quick run-down.
October 26, 2015

The mating endgame at Unilabs

We hear that Labcorp, the big US lab group is the latest potential bidder to kick the types at Unilabs, the Pan-West European lab group which Rothschild has put on the block. We analyse the bidders in an endgame of consolidation.
October 26, 2015

Tendcare set to expand

Pan-Asian private equity house Olympus Capital Asia recently announced that it has committed $40 million to Tendcare Medical Group, one of the largest private hospital management companies in China.
October 26, 2015

Chinese psychiatric chain to IPO

Psychiatric chain Wenzhou Kangning Hospital Company is set to pre-market its IPO on October 26 (today), with a two-week investor education period predicted before bookbuilding. The company should have a market capitalisation of over $100m after IPO.
October 26, 2015

Largest Philippino group enters Middle East

The Medical City (TMC), the Philippines’ largest hospital group, plans to roll out clinics across Dubai and then up to 20 across the GCC (Gulf Cooperation Council) countries. It will do this in partnership with SAMA Medical Services (Kuwait), which is 20% owned by Kuwaiti trading conglomerate Al-Mulla Group.
October 26, 2015

Report: How do we drive innovation in healthcare delivery?

What could an organisation like the London Business School possibly add to the debate on innovation on healthcare? Enough health ministries, think tanks and hospital groups are dedicated to this question already. And yet leading figures from the NHS, Bupa, the Cleveland Clinic and Aravind Eye Hospitals gathered there last week to find out. A series of interesting debates pinpointed the forces that are cutting through the miasma of healthcare systems and unlocking disruptive innovation. Here we focus on three: patient empowerment, a focus on outcomes and transparency and remodeled, rationalised healthcare systems.
October 26, 2015

Private hospitals face big drop in profits in England

The Department of Health has proposed steep cuts in tariffs for elective orthopaedic surgery in the year to April 2016. That is bad news for private sector players such as Horder, Ramsay and Circle. BMI, Spire and Nuffield will also be hit. In total, the moves should cut private sector revenues from the NHS by £49m. We look at who stands to lose the most.
October 26, 2015

Shared medical appointments can supercharge productivity

How do you see 12 patients an hour instead of three patients every two hours and improve outcomes at the same time? One idea might be to take a look at shared medical appointments (SMAs). The idea is being implemented at groups from the Cleveland Clinic in the US, to Aravind Eye Hospitals in India and an NHS mental health trust in East London.
October 23, 2015

Doctolib plans Pan-Euro expansion

Slick B2C medical booking system Doctolib plans to expand out of France in 2016-17. In 18 months the start up has grown to over 100 staff, signed up 5,000 doctors and dentists and claims 2m patient visits a month. But how easy is to build a Pan-European platform?
October 21, 2015
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