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Germany

 

Employee testing drives 30%+ organic growth for labs through summer

COVID-19 testing for businesses, the sports industry and governments has cancelled-out and countered most falls in routine testing for the pan-European lab groups. Synlab says it signed 3,000 back-to-work testing contracts and saw 32% y-o-y organic revenue growth in June while Eurofins has 1,200 signed or in discussion. HBI examines the impact of the pandemic so far and what's next.
September 17, 2020

Multiples drop 10-15% in German outpatient sector

EBITDA multiples paid in the German outpatient sector have fallen 10-15% from pre-COVID levels because of market uncertainty due to the pandemic, an advisor tracking the space tells HBI.
September 17, 2020

Interview: Jan Leister, executive director of digital health, Fresenius Helios

Fresenius Helios has a new incoming digital health executive, who after heading up the Fresenius Group's German rehab business for the past four years wants to disrupt the way it manages chronic disease by transforming it from a pure hospital operator into a digi-physical healthcare group. Leister tells HBI that he wants to sell its digital therapeutics solution Curalie right into emerging markets.
September 10, 2020

Ada Health building diagnostic results into its app

In the peak of Germany's pandemic, symptom-checker app Ada Health rapidly built a solution to digitally return COVID-19 test results to a lab's customers. Founder Claire Novorol tells HBI that the new capability is part of a long term strategy that will allow the company to better incorporate diagnostic data into its app.
September 3, 2020

Helios eats pack of Maltesers

German and Spanish hospital group Fresenius Helios is buying three more hospitals in Germany from the Malteser non-profit foundation, adding €160m in annual sales and increasing size of the for-profit hospital sector by 1-1.5%.
August 27, 2020

KRY gets reimbursement in Germany as Docly all but leaves UK

Sweden's largest telehealth player KRY will be reimbursed in Germany after it received the necessary security accreditation. Meanwhile, Docly, the spin-off from Sweden's once largest player Min Doktor, has just withdrawn its healthcare services from its only international market following slow growth.
August 20, 2020

Interview: Stefan Nilsson, Colosseum Dental Group CEO

HBI talks to Stefan Nilsson, CEO of Colosseum Dental Group, the Swiss-based pan-European chain with a presence in Finland, Norway, Sweden, Switzerland, Italy, Denmark, Germany and the UK, about how it has weathered COVID, and its plans going forward as we all adapt to the new normal.
August 20, 2020
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