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Bulgaria

 

Acibadem’s European plans

IHH Healthcare’s Turkish arm Acibadem has big plans for Europe where it recently became the largest player in Bulgaria with the acquisition of City Clinics. It is negotiating to buy in Romania and will build facilities in two other European countries.

FREE BLOG IHH takes over Bulgaria

IHH Acibadem’s planned takeover of two of the top three largest Bulgarian operators is interesting on two levels.

Acibadem charges into Bulgaria

IHH owned-Acibadem aims to create Bulgaria’s largest hospital group by buying the national chain, City Clinic, and the country’s largest private hospital, Tokuda, in an intriguing and complex deal. The move skilfully pre-empts radical change to the market, but could be highly unpopular, says Jivko Ivanov, managing partner at the local consultancy firm, Simbula.

Secretive On Clinic hits Belgrade

On Clinic, a chain of nearly sixty outpatient clinics now covers Russia, Ukraine, Romania, Moldovia, Armenia, Bulgaria and the Czech Republic. Its latest opening is its first foray into Serbia. We profile the group.

Bulgarian hospitals face troubled future

Bulgarian hospitals face a crisis if plans to cut Sofia’s number of publicly funded hospital beds by 40% go ahead. Redeploying National Health Insurance Funds (NHIF) to the regions, will slash the number of reimbursed surgical operations in the capital. We spoke to Jivko Ivanov, managing partner at the local consultancy firm, Simbula.

Report: Bulgarian Healthcare Market – A private cure for a public problem

Bulgaria is the poorest and most corrupt country in the European Union. It also has a surprisingly large private hospital sector. As in Turkey and Finland, patients are free to use their National Health Insurance Funds to partly pay for private treatment. The public sector appears to be in terminal retreat. Here we profile the top ten players and talk to several CEOs on why and where they see expansion.

City Clinic boosts oncology in Bulgaria

Bulgarian hospital chain City Clinic is set to build three new facilities across the country in a BGN200m (€102m) investment. We spoke to Entrea Capital, the investment advisory group working with City Clinic, about the group’s expansion.

Permira to build new imaging services provider

Private equity house Permira is backing a merger between Mesa Medical, a Pan-European supplier of third party maintenance and used imaging kit, and Asteral, which is the largest provider of managed equipment services around imaging equipment in the UK. The deal will alarm suppliers like Siemens, GE and Philips.

Euromedic appoints HSBC

Imaging services provider Euromedic has appointed HSBC to review the business. Bankers expect this to lead to a sale this autumn.

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