Paul Morgan, CEO of Wallacea Living, a luxury UK retirement village provider, recently went on a trip to New Zealand to see what could be learnt from its retirement village sector. He shared some of his findings with us.
French PE firm PAI Partners will become the new owner of Fresenius Vamed’s rehab business. Vamed is currently a subsidiary of German health care conglomerate Fresenius, who will continue to hold a minority stake.
New regulatory frameworks aimed at improving cybersecurity are being introduced in both Europe and North America. This could lead to a step change in how the health care sector manages its colossal cybersecurity risks, by forcing medtech manufacturers and health care providers to make the necessary investments to improve the resilience of their tools and IT networks.
Hype over ‘telehealth’ is now largely a thing of the past. But there are ways that digitalisation can radically improve health care provision, and save significant amounts of time for both clinicians and patients. And many of the largest gains don’t require state-of-the-art software or advanced AI algorithms.
Luz Saude, Portugal’s second largest private hospital group by revenue, will become a listed company once again, six years after it was taken private by its insurer-owner, Fidelidade. The company has confirmed an IPO on Portugal’s Euronext Lisbon exchange will go ahead, almost a year after reports of plans to relist initially began circulating.
Private hospitals and clinics in France will go on strike from June 3rd, in protest of tariffs only rising 0.3% for 2024 - well below inflation. Public hospital tariffs are projected to rise by 4.3% for the year.
Whilst the care home market across much of continental Europe is still reeling from the triple hangover from Covid, the Orpea scandal and inflation, the UK’s care home sector is currently in the best state it's been in for years.
AI has the potential to boost productivity in health care in myriad ways. The most transformative applications will take time to be implemented, not just because of the nascent stage of the technology itself, but also because of lagging regulation and change-resistant clinicians. But there are applications which providers can implement right now that can provide huge productivity boosts. Oskari Eskola, CEO of BeeHealthy, a Mehilainen (Finland’s largest private health care group) spin-out that helps providers and insurers digitise, talks us through some of these.
The centre of gravity of the health and care sector is shifting away from hospitals and nursing homes. Capacity and resource constraints combined with policy pushes for greater access in the community and advances in medtech mean that over the coming decades an increasing amount of care will be delivered in an outpatient setting and at home. But Joseph Musgrave, CEO of Home & Community Care Ireland, Ireland’s trade association for domiciliary care providers, warns us there is a major stumbling block: almost every country lacks a structured career pathway for carers.
Doctors are becoming increasingly interested in setting up clinics and running them as proper businesses. We spoke to Romesh Angunawela, who has recently completed an MBA especially for physicians in the US, and is the co-founder of OCL Vision, a three-clinic ophtha group in the UK. He shared his view on this trend and the factors driving it.
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