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Ireland

 

Publicly listed European hospital groups: Financial review and comparison

How is the European hospital sector faring? Who are the winners and losers and what does this tell us about the health of the sector? We compare first half results from the big players - Capio, Rhoen, Helios, Spire, Aevis Victoria, Ramsay Health Care and BMI (Netcare), as well as privately-held Asklepios and listed outsource specialist Pihlajalinna. There are some fascinating differences.

Irish hospital group Mater Private no longer being sold

The Irish hospital group Mater Private will not be sold, after private equity owners CapVest opted instead to refinance their loans, in the wake of a failed deal with the German group Fresenius. Our sources confirm that Fresenius’ board overruled what would have been the first foreign foray for its hospital business Fresenius Helios.

Harty news for Spire in London

Bryan Harty has left the Irish private hospital Blackrock Clinic after 16 years as CEO, and will start a new role at Spire Healthcare on the 12th August, managing a new hospital development in London.

Could Eurofins break the Unilabs impasse?

Bioanalytic testing outfit Eurofins Scientific has just raised €200m through a private placement with La Caisse des Dépôts et placement du Québec (“CDPQ”), one of Canada’s largest institutional fund managers. CDPQ and other institutions have also said they are happy to dip into their pockets to fund more acquisitions. West European lab/imaging group Unilabs could be a target.

Ozzy GenesisCare rolls into Spain

Private equity house Nazca Capital has sold Spanish oncology group IMOncology to Australian radiotherapy group GenesisCare for an undisclosed amount. GenesisCare has already bought in Ireland and the UK. We spoke to Nazca.

Babylon claims new AI service is more accurate than doctors

It is confirmed: Babylon, a healthcare app allowing patients to consult a doctor on their phones, is launching in Rwanda in June. Prem Sharma, head of product, also introduced a new service that will offer a complete virtual GP experience thanks to an Artificial Intelligence (AI) triage system, at the Healthcare Business International 2016 conference's most popular session.

Fresenius to buy Mater Private

The Irish Times reports on 25 April, 2016, that German healthcare giant Fresenius is buying Irish hospital and outpatient network Mater Private from private equity owners Capvest for €500m.

Poor growth prospects push Helios to look beyond Germany

German healthcare giant Fresenius is bidding for Irish hospital and outpatient network Mater Private. This would be its first hospital operation outside Germany, where its Helios subsidiary is the market leader. Helios has traditionally avoided international expansion but, with no hospital privatisations in sight, growth opportunities in Germany are very limited.

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