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Spanish bidding hots up

The bid for Spanish elderly care group Sanyres is coming to a close. As we wait for an official announcement, it appears that Paris-listed pan-European provider Orpea will pip Spain's top care group SARquavitae. Our sources expect the price to be an EBITDA multiple higher than twelve. Meanwhile, the bidding process for Spain's fifth largest group Amma has taken off. We look at the bidders and consider the sector.

MCO tariffs cuts in France: is it so bad?

Last month, the French government announced a 2.15% drop in tariffs for private hospitals. That comes after a 2.5% decrease in 2015. Most private operators are rather alarmist, saying it will lead to closures and job losses. They also consider themselves unfairly treated in comparison to the public sector. Yet, Yves Noël, president of hospital association Santé-Cité, says the situation isn’t so bad.

Medical drones by 2017?

Delivering medical samples by drone is faster, cleaner, safer and cheaper, claims Diego Cerutti, manager of the healthcare unit at Franco-Luxembourgois logistics group, Flash. It has developed its own packaging unit and attached it to a drone with a range of 20 miles that will be tested with real samples this summer. A consortium has come together to grow the project and Flash has already received calls from interested lab groups and hospitals in France, Belgium and Luxembourg. And this is not a pipe dream – Cerutti is talking about 2017 or 2018.

Unilabs grew organic sales 5% in 2015

Despite all the price pressures on the lab sector, Pan-European lab group Unilabs achieved 5% organic growth in 2015 and saw sales rise in every country, apart from Spain. Costs have also been cut. CEO company doctor Jos Lamers claims to have finally persuaded the big three suppliers to agree to Pan-European pricing. Unilabs debt mountain meant that it still made a net loss of €8m for the year, but that is down from over €100m in 2014. We talk to Lamers.

Unilabs grew organic sales 5% in 2015

Despite all the price pressures on the lab sector, Pan-European lab group Unilabs achieved 5% organic growth in 2015 and saw sales rise in every country, apart from Spain. Costs have also been cut. CEO company doctor Jos Lamers claims to have finally persuaded the big three suppliers to agree to Pan-European pricing. Unilabs debt mountain meant that it still made a net loss of €8m for the year, but that is down from over €100m in 2014. We talk to Lamers.

Capio France partners with supplementary insurer in hospital project

Pan-European healthcare provider Capio's French division is working with Mutualité Française Rhône, which brings together 260 supplementary insurers, to create the largest private hospital in Lyon, France. As Capio boosts its surgical activities, Mutualité Française it to take over rehabilitation services. We speak to Philippe Durand, director general of Capio France.

French hospital insurer follows providers abroad

Groupe Sham, France’s largest medical liability insurer, expanded to Spain in 2014 and to Italy last year and is targeting new markets around the Mediterranean. With already 9% market share in the medical liability sector in Europe, the group wants to take advantage of the internationalisation of healthcare provision.

Healthcare real estate investors break barriers

The internationalisation of healthcare real estate is gathering pace, according to all the signs at MIPIM, the world’s largest property conference. Numerous investors told Healthcare Europa they were looking beyond their core markets. This follows recent foreign ventures by the healthcare REITs Aedifica, Cofinimmo, Primary Health Properties (PHP) and Medical Properties Trust (MPT). We look at why.

MCO shock for French operators

The French government has announced an effective average cut in the private MCO tariff of 2.15 percentage points, on top of last year’s cut of 2.5 percentage points. Meanwhile, the MIGAC, a big package of payments of which well over 90% goes to the public sector, has been upped by 1.7pc leaving the private sector screaming unfair. But the picture is better than it looks.

French ophthalmology groups fight back against insurers

Medic’oeil, an ophthalmology chain based in Eastern France, is trying to create a national network of eye doctors. Owned by the Helvetian Eye Centre, Medic’oeil aims to develop 87 centres in six years. We speak to Arnaud Mathaly, president of Helvetian Eye Centre, about the model. But consolidating outpatient in France is tough. Figaro reports that Dentexia, a low costdental chain, may be about to go bust.

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