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The cost of getting culture wrong in long-term care

Cultural issues are at the forefront of the difficulties in running and investing into long-term care in emerging markets. At the Healthcare Business International 2016 conference, the CEOs of Senior Assist, Belgium’s third largest care home operator and a player in Latin America and Turkey, and TVM Capital, a private equity firm investing in rehabilitation in the Middle East, shared their views on the sector.

Doctoralia innovates across Latin America

In an unusual innovation, Doctoralia, the international rating and online booking platform, is partnering with patient associations and getting doctors to rate doctors as part of an awards programme. Owned by its Spanish founders, Doctoralia is now active in over 20 countries, particularly Latin America. It claims patients book 100,000 appointments a month on its platform. We interview Frederic Llordachs, co-founder of Doctoralia. This month, we are also writing a detailed survey of how such sites are developing in Emerging Markets from Chile to China.

FREE BLOG Middle income countries and elderly care

Orpea’s acquisition of MEDI-System, the largest nursing home chain in Poland, shows the huge potential for private elderly care in middle income countries in Europe and around the world.

Report: All listed healthcare service companies active in Emerging Markets

Here we present the first comprehensive list of all 57 quoted healthcare service companies which are active in Emerging Markets. The list includes companies headquartered in the Developed World, who have interests in Emerging Markets, such as Air Liquide, Fresenius or Ramsay Health Care, as well as quoted operators from the region, such as IHH, Apollo or Integrated Diagnostic Holdings. It covers everyone from Chilean hospitals to Egyptian lab operators and from NYSE quoted operators in China to big groups in Malaysia and Indonesia.

Senior Assist to triple beds in Chile

Senior Assist, the Belgian elderly care group, expects its nursing home business in Chile to triple to 1,500 beds by 2018. The group has also opened homes in Turkey and Uruguay and is looking at Colombia, Russia and Thailand. We talk to Roderick Peters, CEO of Senior Assist Latin America about the Latin America market.

Bupa growth strongest in emerging markets

The global healthcare group Bupa, experienced rapid growth in markets as diverse as Saudi Arabia, Hong Kong and Chile. It continues to make acquisitions across emerging markets, as well as launching new healthcare insurance products and distribution agreements. Global sales rose 7% to £4,916m from the first half of 2014, at constant exchange rates (CER), or 3% taken at actual exchange rates (AER). Underlying profit before taxation hit £253.3m, an increase of 2% at CER, or a fall of 3% at AER. In a wide-ranging interview, CEO Stuart Fletcher, spoke to Healthcare Nova about the results and Bupa’s future plans.

FREE BLOG What can we learn from Bupa’s results?

Taking a closer look at the strange and complex beast that is Bupa, may be intimidating, but it’s always worthwhile. With sales of almost £10bn a year, Bupa is larger than almost half the FTSE 100. In the siloed and slow-moving world of healthcare services, the results of this leviathan, present an opportunity to compare the performance of one company across countries, continents, sectors and sub-sectors.

FREE BLOG Is it ever worth running a hospital for a government?

The idea that the private sector, thanks to its efficiency and management skills, can build and run a public hospital, or manage an existing public hospital, is beguiling. It is also increasingly clear that it is a bird which never flies.

Alzira model looks doomed

The Alzira model looks doomed as Valencia cracks down on the private concessions which run healthcare for over 1m people. The newly elected left wing coalition government is hostile to the model and is carrying out rigorous audits which are likely to destroy profits. Two large insurers have already sold their stakes to Ribera Salud, which is 50% owned by US operator Centene. But there are still international opportunities for Alzira.

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