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Two Spanish dentistry groups reveal expansion plans

Two Spanish dental groups, Dental Company and Dentix, have announced aggressive plans to expand, both nationally and internationally, adding new capacity to what some say is an already increasingly competitive market. DBK, a market research house, said the dental sector's sales grew by 2.4% to €595m in 2013. By Lorena Ruibal.
October 17, 2014

Interview: Professor Julian Le Grand, London School of Economics

Mutuals in healthcare are a hot topic in the UK and Sweden, and are often seen as a alternative to for-profit operators. Here, Julian Le Grand, professor at the London School of Economics and an influential pro-competition adviser on healthcare to recent New Labour governments in the UK, talks to Healthcare Europa’s Max Hotopf about the rise of mutuals in the UK. Le Grand, who had a ring-side seat on many of the reforms carried out under New Labour, addresses and analyses the main methods of controlling healthcare systems – Trust, Mistrust, Patient Voice, Patient Choice and Regulation.
October 16, 2014

FREE BLOG A split Right spells hard times for private healthcare

The rise of far right, anti-EU, anti-immigrant, anti-free trade parties in Europe is splitting the Right/Centrist vote, making it much easier for the parties of the Left to win elections. This has nasty implications for private healthcare services in countries like Sweden, the UK and Finland – the three countries where private equity-backed healthcare has really taken off.
October 16, 2014

Swedish private sector could face restrictive rules as early as 2015

The new minority Social Democrat government has published a radical manifesto, which could eradicate the for-profit sector from the Swedish healthcare, care and education landscape. A commission will report back by March 2016. We look at the manifesto and analyse the likely impact immediately and, also, in 2-3 years time. Prof Anders Anell at Lund University reckons for-profit could face new restrictions in early 2015.
October 14, 2014

French lab market shrinks by 1%, as government gives up on reform

Social security reimbursements for French lab tests fell 1% in the first seven months of 2014, following a drop of 0.8% for calendar 2013. Does this mean that the government will halt its annual price cut of nearly 3%? Meanwhile, the government has retreated from radical plans, which would have seen a liberalisation of the biologiste profession which controls the lab sector in France.
October 10, 2014

UnitedHealth races to the wire for ESS

UnitedHealth has upped its bid for Portuguese hospital chain Espirito Santo Saude to €5 a share. That follows an announcement that Rio Forte and Novo Banco, who together own Espirito Santo Health Care Investiments, which has a 51% stake in ESS, would accept the €4.85 a share bid from Fidelidade, the largest Portuguese insurer, which is owned by Chinese conglomerate Fosun.
October 8, 2014

Will France liberalise pathology, pharmacies and dentistry?

The French liberal professions have reacted with fury to a set of proposed reforms which would allow private capital to invest in diagnostic labs and pharmacies. Other proposals would end restricted intake, which restricts access to training for dentists and might give a wider role to non-dentists such as hygienists and technicians. The report, compiled in March 2013 by the Inspection Générale des Finances, was only published in September 2014. But does it have a hope in Hell of becoming law?
October 8, 2014

Euromedic achieves stable ownership

Euromedic, Europe’s largest imaging service provider, has seen Ares Life Sciences, ultimately owned by Swiss billionaire Ernesto Bertarelli, buy out its fellow Euromedic shareholder, Montagu Investments. The deal means that Euromedic will not have to go through a trade sale or an IPO.
October 8, 2014

Waterland set to buy Median

German newspaper Borzenzeitung states that Dutch private equity house Waterland is likely to buy reha chain Median, the largest reha chain in Germany, for almost €1bn from Advent International. It already owns RHM Kliniken, the number two player.
October 8, 2014
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