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Interview: Arjan Toor, CEO, Cigna Europe

Cigna now describes itself as “a global health service company” rather than an insurer and has reorganised its European operations. Toor has recently been promoted to CEO Europe. He says that the insurer, which has 15% (US$840m) of its revenue in Europe, doesn't want to verticalise through owning primary care providers but wants instead to provide an end-to-end user experience.
July 21, 2020

Asklepios set to win control of Rhoen

Asklepios has effectively taken over Rhoen Klinikum after B Braun with a 25% stake accepted the offer. The deal increases the consolidation in the private hospital sector.
June 18, 2020

Alvarez & Marsal to sell NMC’s fertility arm

NMC Health Plc’s administrators have started selling off parts of the business according to Bloomberg with an auction of the fertility business as early as June. Consultants Alvarez & Marsal who are handling the business have invited bids for NMC’s distribution business according to the article. Potential acquirers have been asked to submit offers this […]
May 14, 2020

COVID-19 and Emerging Market healthcare

We talk to two of the world's largest investors in emerging market health care about Covid's likely impact. Despite so far much lower death rates, the initial effect on health care operators has been worse than in Europe. Covid is set to destroy several motors for growth such as healthcare tourism and the deployment of […]
May 14, 2020

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?
March 11, 2020

NMC identifies $335m side deals and sacks CEO

In an announcement put out after trading, the independent review board appointed by NMC has identified side deals on procurement worth US$335m with the founders for which NMC is liable and that were made without board approval. It has also removed Mr Prasanth Manghat from his position of Director and CEO of the Company with immediate effect.
February 26, 2020

EBITDA crash for German hospitals

One of the foremost experts on the German hospital sector predicts that recent legislation from health minister Jens Spahn will see EBITDA  at for-profit hospitals crash by around a fifth.
December 4, 2019

Asklepios bets big on digital

Asklepios, the second-largest German for-profit hospital group, plans to spend €500m on digitisation.
November 6, 2019

Interview: Anders Lönnberg, Politician, Health Care expert, Sweden

Joyously replete with war stories lost and won, Lönnberg, a combative diabetic and social democratic politician has spent the past thirty years fighting for change in health care. So what has he learnt about how health care works? And what is the solution?
November 6, 2019
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