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AMP Capital joins race for Mater Private

Infrastructure funds continue to be drawn to private healthcare services. AMP Capital a big Australian fund with over $100bn under management is in the running for Irish hospital group Mater Private.

Rothschild lines up Mater sale

Mater Private, one of the two big Irish private hospital chain, is for sale. A deal with South African giant Netcare is said to have fallen through.

Better hopes for lab outsourcing

We talked to Charles Woler, who turned around French reference lab Biomnis and is now the CEO of bioDS - Biomnis holding company, part of Eurofins. He sees signs that governments are starting to think the unthinkable and that public sector outsourcing of lab tests could grow. Woler is also a panelist at our annual conference, Breaking Barriers 2016 conference.

The Irish government scraps universal health insurance plan

A study commissioned by the Economic and Social Research Institute states that implementing the plan would cost €2bn more than the current health expenditure. The Minister for Health Leo Varadkar has formally announced that there will be no UHI in the short or middle term. What impact wil this have on the private healthcare sector?

Report: Reforming healthcare – trends and trajectories

European countries are undergoing rapid and substantial demographic and technological changes. Yet, healthcare systems are still mainly state-funded and acute-focused, as they have been for the past 70 years. This is starting to change.

Mediclinic reverses strategy and swoops on Spire

Mediclinic, the big South African hospital operator, has snapped up a 29.9% stake in Spire, the UK’s second largest hospital group for £432m. The move which might have pre-empted US buyers, surprised analysts, who said that as recently as February 2015, Mediclinic management was saying it had no plans to invest in mature, developed markets. Shares in Mediclinic at ZAR 10,317 are up just 3% on the announcement of the deal. Meanwhile, talks between Netcare, the largest South African group and Mater Private, the second largest Irish player, have collapsed.

The re-shoring of dental tech

Dental tech work can be anywhere between 10% to 50% of a dentist’s sales, estimates Per Rehnberg, CEO of Colosseum Smile. For some time the trend throughout Europe has been to send this work to places like China or India where the prices are as much as four times lower. But the tides are changing; dental tech is coming back to Europe.

Younger generation buying into dentistry brands

Dentistry is a consumer brand; and in this digital age marketing and customer communication is the same for dentists as it is for retailers and supermarkets says Justin Ash, CEO of Oasis Healthcare at Healthcare Europa 2015. He says there are clear differences between how the under 30s and the over 50s relate to dentistry brands.

FREE BLOG What can PMI in Ireland tell us about the Developing World?

This week we spoke to Irish sources about US insurance giant AIG’s takeover of Irish health insurer Laya. Laya is Ireland’s second biggest PMI group and a strategic buy for AIG, which will use Laya’s customer base to cross sell other insurance products.

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