Bulgaria

 

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.

Interview: Shirley Ryan AbilityLab

Shirley Ryan AbilityLab, formerly the Rehabilitation Institute of Chicago, claims to be the largest rehabilitation hospital in the USA, and works with groups from Bulgaria to UAE. HBI talk to Kelly Cox Watkins, Vice President, Market Development and Barry Fleischer, Executive Director, Advisory Services, about how to build a successful rehabilitation service, their groups' focus on patient ability, not adapting to disability and what that means in practice, and about its advisory work.

IHH looking to sell outlying assets

The new CEO of IHH Healthcare is considering divesting some assets as he shifts strategy to focus on geographical clusters. Which of its 80 hospitals could face the block? HBI examines.

FREE BLOG New HBI pipeline tool reveals long-held investments 

Nearly a third of all private equity-owned health care businesses in Europe have been held for at least five years, according to the new HBI Deals Pipeline tool. That suggests many private equity houses are struggling to sell on their investments.

Acibadem pulls Bulgarian sale

IHH-owned hospital group Acibadem has decided not to sell its Bulgarian assets. HBI sources have expressed incredulity at the reasons given.

Full year post-tax profits plummet at IHH

Pan-Asian hospital group IHH Healthcare saw 3% revenue growth, 9% EBITDA growth but a 35% plummet in post-tax profits in 2018. The results confirm its struggles in Turkey.

Finally, progress on Acibadem’s Bulgaria sale

Five months after the IHH-owned Turkish hospital group's Bulgarian and Macedonian assets were put up for sale, a deal finally looks in the making with two investors in late-stage discussions to buy the Bulgarian business, we are told.

Romania’s largest healthcare group looks abroad

Listed Romanian healthcare group Medlife is looking to neighbouring countries for expansion, says its CEO. We analyse the opportunity in the four that he singled out, each of which is ripe for consolidation.

Bulgaria stares at statutory insurance

The Bulgarian government is considering splitting up its single payor into multiple, competing funds creating a similar landscape to that in Germany, a local investor tells us.

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