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Another facilities management company moves into soft outsourcing

Interserve, a construction and support services company quoted in the UK, has bought home healthcare provider Advantage Healthcare for £26.5m from Rutland Partners. The company already has sales of £300m in 2012 from the healthcare sector through facilities management. The move follows competitor MITIE’s purchase of domiciliary care provider Enara for £110.8m in October. We talk to Interserve director Robin O’Kelly to find out more.
January 3, 2013

Swissmed deal reveals how Bupa may change Poland

Polish hospital group Swissmed has sold the imaging department in its Gdansk hospital to Lux-Med, the largest private healthcare provider in Poland. Lux-Med is to be bought by international insurer Bupa, whilst this is the latest in a restructuring at Swissmed - but what does all this tell us about the Polish market?
January 3, 2013

Interview: Alison Platt, Managing Director, International Markets Development, Bupa

UK insurer Bupa has just bought Polish clinic chain Lux Med for £325m. The move means that an insurer now owns the largest Polish private healthcare provider. This is a sea change for a private healthcare market where insurers have always been weak outsiders, while the country has been dominated by a combination of private subscription healthcare providers and a black market in public healthcare services. We talk to Alison Platt, the managing director of Bupa’s international operations, about vertical integration.
December 22, 2012

Greek hope

Now that Greece has got its €40bn rescue package, will it pay its huge debts to private operators? And what has happened to market demand in the economically-crippled country?
December 18, 2012

FREE BLOG Kick up a fuss, review a doctor

Patients have mixed views of Zygmunt Dobrowolski, a urologist in Cracow, Poland. To one, he overcharges and thinks only of the money. To another, recovering from “girl frolics”, he is "very professional and witty". His 17 reviews garner him a lowly two stars out of five. That is a rating which, whether he knows it or not, is likely to have had a big impact on his wallet already.
December 17, 2012

Tosinvest’s San Raffaele to close

Italian clinic and rehabilitation chain San Raffaele, owned by holding company Tosinvest, has said that it will close on 30 December 2012. Employees for the chain have already been working for no pay since the beginning of November. Now the region of Lazio has further put off any decision about whether it will give the company enough money to cover owed wages.
December 17, 2012

Portuguese government plans new hospital PPP

Portugal has forged an agreement with the Troika that will allow a new hospital PPP in Lisbon to go out to tender next year. The contract will see a privately-managed hospital replace 5-6 public hospitals. But with talk of potential bankruptcy at Jose de Mello Saude’s PPP at Braga, what is the outlook really like right now?
December 17, 2012

German lab ceiling set far lower than expected

German labs face a tough 2013 after the Kassenärztliche Vereinigung set a lower price ceiling than expected. Meanwhile, Labco's sale could be affected by poor results from its German division.
December 17, 2012

Moonray expands ophthalmology with Lexum deal

Moonray Healthcare, the biomedical investment arm of Fidelity International, has added 10 ophthalmology centres to its network with the planned acquisition of Lexum from CEE specialist private equity house ARX Equity Investments. This follows the purchase of two centres in southern Germany from pan-Nordic player Memira, taking its network there to seven centres. We talk to Moonray CEO Tim Clover about the deal, and how Optegra grew like-for-like sales 35% in 2012 through presbyopia treatments.
December 17, 2012
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