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France

 

French labs pushing back against €250m cut

French labs are presenting a united front pushing back against the €250m worth of annual cuts proposed in the 2023 Social Security Budget. All of the sector’s representative bodies have voiced outrage, and a joint letter from the directors of four labs syndicates sent to l’Assurance Maladie’s (CNAM) general director demands tariffs be indexed to inflation saying the sector cannot support further cuts. 
October 13, 2022

More funding for health and care but less for labs in French Social Security budget

The French government is to increase allocated funding for the health and care sectors overall in 2023, including hiring an additional 3,000 carers and investing €370m into a shift to care at home, but decrease funding for labs by €250m, as detailed in the 2023 Social Security budget, published on Monday September 26.
September 30, 2022

Orpea CEO blames “unethical” former managers following €269m H1 loss

Laurent Guillot, CEO of French multinational elderly care group Orpea, has partially blamed the company's net loss of €269m in the first half of 2022 on "unethical behaviour" by the company’s former managers. But the company's finances appear to be in better shape than the headline figure suggests.
September 30, 2022

Interview: Julien Samson, CEO, Groupe Maisons de Famille

Julien Samson, recently appointed CEO of the European care homes group Groupe Maisons de Famille, has some creative ideas on how to manage the business. In the face of industry-wide criticism and concern following hard-hitting headlines about rivals Orpea and Korian, he still believes the industry can find ways to cope with the persistent pandemic, the energy crisis and inflationary recession.
September 23, 2022

Tariff cuts to return to French labs sector 

The French statutory insurer is reported to be seeking tariff cuts for the labs sector which could exceed €200m. Any cuts will be announced on Monday, September 26, in the government’s Social Security Budget.
September 22, 2022

EDG for sale, while Dentex sells

As exclusively predicted by HBI at the start of August, pan-European and dentist-led European Dental Group (EDG) is up for sale.
September 16, 2022

KKR-Ramsay deal looks to be off (again)

The seemingly ill-fated takeover of Australia-based international hospital group Ramsay seems to fallen apart after the consortium led by PE firm KKR refused to amend its second offer which Ramsay called “meaningfully inferior”.
September 16, 2022
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