DomusVi is in exclusive talks to acquire a top ten French player in a bid to keep pace with rivals Orpea and Korian. We speak to a market expert about the deal and give a likely price multiple.
Listening to providers across the board, one would think forecasting growth is simply a matter of predicting demographics. Add political and regulatory limitations and you've got a pretty accurate picture of how the market is going to develop. In actual fact, we think predicting growth is a far more complex equation, where growth limiters will play a far more prominent role than providers would have us think.
This week we calculate the ratio of elderly care beds for all citizens aged 85 and over across sixteen European countries. The resulting graphic gives a telling overview of provision and opportunities across different markets.
International hospital group Ramsay Health Care saw revenue and EBITDA growth of 14.9% and 9.8%, respectively, in its first financial results since it acquired pan-European acute care operator Capio. Sales are now around 50/50 between Europe and Asia-Pacific, while the weak UK position is becoming clearer.
HBI hears that one of France's top five lab players is in talks to acquire one of the country's biggest regional groups, which we think would make it the biggest group in the country by revenue.
Javier Echevarria, CEO, Europe and LatAm of Veritas International (VI) has one of the most interesting challenges in marketing - how do you persuade wealthy consumers to spend around $2,000 on predictive whole genome sequencing (WGS)? He has a broad canvas - his remit is to sell across LatAm, UAE, Europe and Japan.
France's health minister has announced that tariffs to acute hospitals will rise in 2019 for the first time in eight years, and reward quality for the first time ever, while rehab and psychiatry for-profits will be "stable". We talk to LEK's Paris-based co-head of European Healthcare Practice about the news and the for-profit hospital sector's prospects in France generally.
Over half of France's laboratory sites now belong to the market's seven biggest players after rapid M&A activity saw 10% of all sites consolidated in 2018. More deals are on the horizon.
Belgian nursing home group Armonea has merged with French rival Colisee after months of preparing for a sale, creating Europe's fourth largest nursing home group. We hear from a reliable source that this is effectively a takeover by the French player.
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