Europe's third-largest nursing home group by revenue, DomusVi, has appointed a new CEO with no healthcare services management experience. He is the group's third CEO in the space of a year.
A recent study in the Lancet showed that it was more dangerous to have access to poor quality health care than to have no access to health care. That is particularly true in Emerging Markets where quality varies dramatically. Julia Khalimova, Healthcare Quality and Patient Safety Specialist at IFC, the arm of the World Bank that invests in the private sectors of emerging markets, has been studying the field for ten years and IFC has recently launched a tool to enable operators to measure and improve. We talk to her about the problem. What progress has been made? And what is the best solution?
Panellists on the LatAm panel at HBI 2019 see good opportunities in the region thanks to booming demand, particularly as demographics shift from rural to urban bases, and with the growth of the chronic and elderly care markets. Increasing use of digital health tools and better data, plus the growth of the consumer market are also seen as positive factors for the market.
In March, a small French medtech supplier revealed it was to acquire an unnamed group with hospital assets in Colombia and Africa with over €70m in revenue. HBI can exclusively reveal the name of that group.
Javier Echevarria, CEO, Europe and LatAm of Veritas International (VI) has one of the most interesting challenges in marketing - how do you persuade wealthy consumers to spend around $2,000 on predictive whole genome sequencing (WGS)? He has a broad canvas - his remit is to sell across LatAm, UAE, Europe and Japan.
DomusVi, Europe's third-largest nursing home operator by revenue with a big presence in Spain, has acquired a minority stake in Latin American group Acalis. We speak to Acalis' CEO and a spokesperson for DomusVi about the deal.
Investors looking for medium- to long-term projects should look to Latam for opportunities according to a panel of healthcare experts at HBI 2018. A growing middle class across the continent, ageing populations and increasing stability in many countries, mean that it is ripe for investment.
Brasil Senior Living, the ten-facility Brazil-based senior care group, and Senior Assist, which runs similar operations in Chile, Uruguay and Colombia, may be about to join forces.
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