News About Countries

 

Korian enters Spanish market, plans consolidation

European nursing home giant Korian has followed its French competitors onto the Spanish market with the acquisition of a high-end group in Andalucia. We speak to Korian's director of investor relations about why it finally made the move after years of steering clear.

10% of Russian nursing home beds to be private by 2020

Russia has begun the long task of overhauling its Soviet-style nursing home stock by inviting private operators to build new homes. The sector has also begun to pilot regulatory reform that would require all homes to reach Western European standards of care. We speak to Senior Group, one of Russia's (comparatively) biggest high-end operators, about how the changes are opening up a market.

The latest deals in telehealth

Telehealth is a constantly evolving industry and a fast-changing market. Here's a round up of the latest deals.

Rehab tariffs to increase in France in 2019?

A local operator tells us tariffs to rehab operators in France could increase in 2019 for the first time in several years, and a large payment made to operators at the end of last year is a positive political sign.

Mubadala buys into long-term/post-acute rehab

Abu Dhabi's Mubadala Investment Company has acquired long-term, post-acute and home care group Amana Healthcare from existing shareholders. It comes as Dubai adopts DRG payments in the hospital sector this year which should propel the post-acute sector upwards, and the group tells us it is set to open a facility there imminently.

Diaverum sale / IPO back on track as Saudi contracts renewed

Global dialysis operators Diaverum and Davita have renewed their contracts with the Saudi Ministry of Health for another five years. The deal leaves Diaverum free to proceed with its plans to IPO / go forward to a private sale and comes in the same week as a new portable dialysis device had its US market entry fast-tracked by the FDA. Is it a threat?

FREE BLOG Primary care disrupted by patient choice

Primary care is one of Europe's most underdeveloped markets, despite many practices being owned and run as private businesses. Private equity has largely steered clear and the market is yet to find another consolidator. Reform is underway in parts of Europe giving patients more choice in primary care and outpatient settings, however - and this could disrupt the market.

Major shake up of UK lab market expected by 2021

HBI understands a quarter of the UK's pathology outsourcing contracts - and at least a half of its revenue - could switch hands over the next two years, which could potentially see a major shake-up of the market share among the top players.

Elsan unlikely to trade before 2020

Despite rumours last year that CVC Capital Partners might be set to exit its large French hospital asset, we look at why this now seems unlikely -  and reveal which hospitals are performing the best and the group's EBITDA, together with a potential valuation.

Five opportunities for the private sector under new UK NHS reform

This week NHS England has unveiled its 'Long Term Plan'. It sets out how the publicly-funded health service is going to adapt to meet the changing demands of the population while trying to remain sustainable. Private-sector involvement is still a politically charged issue. The words 'private sector' are only mentioned once in a 136 page report. HBI delves into that report to find potential opportunities for the for-profit sector.

European REIT buys big in UK care market

Belgian real-estate investor Aedifica SA has acquired a large portfolio of UK care homes and entered the market for the first time. At a time when margins are being squeezed and groups in this sector have proved slow to sell generally, is this a wise move? We ask three experts for their views.

Greek nursing homes: Worthwhile investment despite troubled economy?

Despite the parlous state of the Greek economy, we hear bold claims that plucky investors entering the Greek nursing home market may stand to gain big returns on their investments. HBI speaks to the director of international insurance at Athens Medical Group (AMG) and the CEO of Greek long-term dementia care specialist Aktios to find out more.

Turkish private hospitals closing at a dizzying rate

We hear that a handful of independent private hospitals in Turkey have closed in the past few months as a faltering economy takes its toll, while larger groups are apparently cutting back on staffing to maintain margins.

Attila Vegh leaves Capio

Six months after his surprise appointment as CEO, Attila Vegh has left Capio, the Nordic acute care group that is now part of Australian-owned French hospital group Ramsay Generale de Sante following its acquisition in Q4 2018.

Interview: Steve Grobet, Orpea

Nursing home giant Orpea turns 30 this year, and has a portfolio of 854 facilities and 86,757 beds across 13 different countries. We talk markets and strategy with Steve Grobet, head of Orpea's investor relations.

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