Pro Tip: Learn how to use HBI Alerts to follow your favorite topics

Australia

 

Why your communications director could be your next CEO

The biggest for-profit hospital operators in Australia, Hungary and Norway have all appointed new CEOs internally from communications roles or backgrounds in 2020. Is this indicative of a wider trend in the healthcare sector? The three women appointed tell HBI why it makes sense.

Interview: Dr Hugo Stephenson, CEO, Induction Healthcare

The Induction Switch app is used by the majority of hospital doctors in the UK but its owner has only very recently started generating revenue a year after launching on the AIM. That's despite a userbase stretching South Africa, Australia and the USA. Its CEO, an entrepreneur who has founded no less than three health tech companies, talks to HBI about how it plans to turn free-using customers into revenue-generating customers.

Health care service write-offs drive losses at Bupa

Bupa, the global healthcare insurer and healthcare operator went from pre-tax profits of £502m in 2018 to a loss of £78m in 2019, thanks mainly to huge write-offs in its UK dentistry business and Australian care homes. But stripping out write-offs, underlying profitability still plunged 31%. Revenue rose just 4%. Why, and what does this tell us about Bupa and its future?

Big teleradiology provider for sale as sector hots up

London-listed investment firm ICG is reportedly selling its UK-Australia teleradiology platform Everlight Radiology, while a Spanish diagnostics group recently entered the Latin American market with a small deal. The deals show two of the four cross-border teleradiology streams we have identified.

Interview: Julian Andriesz, CEO, Verita Healthcare

The massive latent demand to live longer is being tapped by a new generation of health care providers. British entrepreneur Julian Andriesz, 53, made a first fortune building business in SE Asia and got into prevention after watching his mother die of ovarian cancer, diagnosed late. He says his intention is to help his clients, whether they are healthy, have cancer or auto-immune diseases, to live longer, better lives. Verita has a chain of 10 clinics, believes its digital health disease prevention and management platform is about to become the largest in the world and owns IP, and research and manufacturing in Europe, Asia and Australia.

Capio deal turns Ramsay into majority-European-revenue company

Ramsay Health Care, the hospital group spanning Australia, SE Asia and Europe grew revenues 24.4% to US$7.7bn in the year to June 2019 although four-fifths of growth was from the Capio acquisition. Over half of its reported sales now come from Europe, the UK segment has improved while a German divestment is still on the cards.

Icon Group takes second punt at China

Australian oncology provider Icon Group has been proudly talking of its 'first' venture into China through a partnership with the Sanbo Brain Hospital Group. Yet in 2016 it announced a similar deal with Yibai Healthcare that failed to materialise. HBI speaks to CEO Mark Middleton about what's different this time around.

FREE BLOG Is value health dead?

A decade ago value health was flying high. Launched by Harvard guru Michael Porter in 2006 the idea was enthusiastically espoused by Barak Obama and central to Obamacare. Then along came Trump. Meanwhile, the fiendish complexity of health care has stymied efforts. So where is it now? ICHOM 2019 in Rotterdam with 1,250 delegates was a great place to find out.

Find Us