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German hospital bankruptcies “to resume in 2022”

An expected wave of German hospital bankruptcies this year has been averted thanks to state support during the pandemic, but operators should expect a difficult 2022 with more going to the wall than in recent years, Professor Boris Augurzky, the acknowledged expert on the sector, tells HBI.
October 29, 2020

ICG indirectly acquiring stake in €3bn nuclear medicine group

Intermediate Capital Group (ICG) is indirectly acquiring over 25% of the shares of Europe's largest radiopharmaceuticals provider Curium Pharma, HBI can reveal, after owner Capvest earlier pulled a majority sales process because of COVID-19.
October 20, 2020

Cinven hires banks for Synlab 2021 IPO

HBI hears Synlab's private equity owner Cinven has mandated banks for an initial public offering, expected to take place next year. It will value Synlab at €5bn-6bn.
October 15, 2020

Korian: Inicea a ‘unique opportunity’ with international bolt-ons to follow

Buying France's third-largest private psychiatry group Inicea was a 'unique opportunity' for which a capital raise had to be used, Korian CFO Philippe Garin tells HBI, and international bolt-on acquisitions could follow. He discusses the deal's finances, COVID-19's impact on its regulatory environment, and one reason why Germany might have weathered the pandemic so much better than other countries.
October 15, 2020

Covid grows the lab market in 2020

HBI Intelligence is now forecasting that most European lab markets will be larger in 2020, than our pre-Covid forecasts. That is despite deep dips in March and April, with some groups thinking about firing two-thirds of their staff and defaulting on rent.
October 8, 2020

HBI updates dental market forecasts as operators face second wave

Dental markets have reopened following the pandemic peak but the impact may be felt for many months to come, not least because of a second wave winter. HBI has added new post-COVID market size data on the Intelligence platform based on conversations with operators. Most think new national lockdowns are unlikely but regional lockdowns, prolonged economic uncertainty for patients, and scared patients are all causing concern.
October 8, 2020

Concerns COVID is turning dentistry into a reactive service

Delays in treatment caused directly by COVID-19 and a reluctance to attend routine appointments are turning preventative dental markets into reactive ones. The financial pressures resulting from the pandemic means there might not be a big enough supply of dentists to cope with the pent up demand.
October 8, 2020

Medgate plans accelerated rollout in Germany after Rhoen JV ends

Swiss telemedicine player Medgate tells HBI that the end of its joint venture with German hospital group Rhoen Klinikum will allow it to roll out faster in Germany after the Asklepios takeover slowed down the project. HBI also checks in on the partnerships between other big hospitals and their telemedicine partners.
October 8, 2020

European operators brace for second wave

COVID's second wave looks either imminent, or is already starting to hit in many jurisdictions. Wave one saw lockdowns and closures - and not all closures were temporary. Will wave two be any different? HBI has been talking to operators across EMEA to see if forewarned is forearmed, how they predict the next few months will go, and what lessons have been learned.
October 1, 2020
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