Job applications for social care have dropped off a cliff in the UK as the economy starts to open up, according to an operator. Groups in Germany, France, the Netherlands and Austria say they are still seeing a surge.
Under new measures introduced by Mario Draghi’s government at the end of April 2021 healthcare workers who refuse the vaccine will be transferred, demoted, or suspended without pay.
M&A slowed to a trickle during COVID but the next six weeks will see a flood of deals. HBI examines the deals that are about to happen, the companies looking to IPO, and reviews a handful of deals that remain resolutely on hold for the moment.
Large French hospital groups continue to buy up smaller players. Vivalto Santé and Almaviva Santé, the country's third and fourth-largest players, respectively, have both struck deals in the past week.
Europe's largest lab group Synlab continues to see huge COVID-19 driven growth with organic revenue doubling and EBITDA quadrupling in the first quarter. 92% of that growth came from COVID-19 testing.
The French nursing home sector has produced some of the largest consolidators in Europe, such as Orpea and Korian. But even small groups are looking at international expansion. Almage, a group with just six homes and 530 beds dedicated to Alzheimer care, plans to hit Spain in the next few months and is looking at other European markets. Marc Saillon, the CEO of Almage Alzheimer Centers, also tells us that the group has expanded into consultancy in China.
Margins for some of the largest French imaging operators halved from 2015 to 2019, after tariffs cuts in 2017, while the combined figure at the top 30 fell 2.4 percentage points.
Swedish telehealth company KRY tells HBI that it will soon launch its mental health offering across Europe and is considering a move into digital therapeutics after raising a $300m Series D. The company confirms its valuation is now above $2bn. Click here to see our telehealth report, and click here to see a profile of […]
Ramsay Santé, the European arm of global hospital group Ramsay Health Care, has refinanced its €1.65bn syndicated debt and introduced an environmental, social and governance (ESG) component for the first time. The interest rate is eye-wateringly low for an S&P BB- rated issue, reflecting the backing that Ramsay Santé enjoys from the French government.
Few investors have been as active in healthcare services as Nordic Capital. Or as ambitious in building pan-European platforms in outpatient sectors such as dentistry, veterinary and ophthalmology. Raj Shah is also looking for new deals - Nordic has just raised a massive €6.1bn for its tenth fund of which 30-40% is destined for healthcare.
Healthcare Business International users cookies to improve the functionality, performance, and effectiveness of our communications. Detailed information on the use of cookies is provided in our Cookies Policy. By continuing to use this site, or by clicking "I agree" you consent to the use of cookies.
