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Greece

 

FREE BLOG On price cuts

The notion that healthcare would be protected from cuts is looking increasingly silly.
October 16, 2012

Still no clear future for Greek hospitals

The big four private Greek hospitals still face a very uncertain future. Still, there is a faint dawning of hope: the government has announced that it will cut public healthcare expenditure by €2bn. Greek health spending is at 5.5% of GDP, already less than half that of France or the UK.
October 4, 2012

New CEO at Euromedic

Big imaging services provider Euromedic International has appointed Dimitris Moulavasilis as its new CEO, following the departure earlier in 2012 of Richard di Benedetto. A CFO has yet to be announced, but has been selected.
September 25, 2012

Hospitals in Valencia still not getting paid

In the Spanish region of Valencia, hospitals are still in trouble: the region's much-publicised repayment of long-overdue reimbursements in May and June excluded acute providers. Administrative concessions - hospitals operating in the Alzira model - have been hit particularly hard, according to analyst Joan Barrubés of Antares Consulting. We talk with him to find out how the Spanish hospital market is dealing with the crisis.
July 13, 2012

Private individuals shoulder healthcare burden

OECD figures for the early years of the recession show individuals paying more out-of-pocket (OOP) and on private medical insurance (PMI) as growth in public expenditure slowed to a halt. But statistics are often uncertain - DG Ecofin and the IMF disagreed publicly on stats for country healthcare spending at a recent conference.
June 28, 2012

Greek hospitals face wall of debt and yet there are opportunities

The situation in Greece is perilous, with hospital groups facing a wall of maturing debt at the end of the year, while the banks are unable to offer refinancing. The private sector is staying afloat thanks to an influx of Libyan healthcare tourists and a retreating public sector - but will the big private groups survive if Greece stays trapped in economic crisis? We talk to Greek private equity house Marfin, among others, about the state of play.
June 15, 2012

Bioatriki weathers storm

Bioiatriki seems to be weathering the storm in Greece. Owner Dr Evangelos Spanos has high hopes that the hospital sector will start to outsource. Meanwhile he is looking to Iraq.
April 26, 2012

Interview: Professor Juhani Lehto, Professor of social and health policy at University of Tampere, Finland

What happened to healthcare in Finland in 1991? Very few European economies have gone through the sort of deep recession which has now engulfed so much of southern Europe. Finland is the exception - after the collapse of communism it lost its position as middleman between East and West and saw GDP fall 13% between 1991 and 1994. What happened to healthcare services tells us a lot about what may happen now in countries from Ireland to Greece. We talk to academic and policy maker Prof Juhani Lehto about the impact.
April 25, 2012
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