Kenya

 

Former Abraaj health fund’s platform appoints new CEO

Evercare, part of what was formerly the Abraaj Growth Markets Health Fund (AGHF) and now managed by global PE firm TPG, has appointed a new CEO to oversee its hospitals and clinics in India, Pakistan, Kenya and Nigeria.

AAR Healthcare teams up with e-payment platform in Kenya

Kenyan insurer and healthcare service provider AAR Healthcare says it is tackling low uptake and fraud by allowing customers to pay for treatment and manage medical payments with their mobile through a new partnership with e-payment system M-TIBA.

Columbia Pacific Management sells Southeast Asian business and targets Africa

Seattle-based Columbia Pacific Management has agreed to sell Columbia Asia's Southeast Asia hospitals for $1.2bn cash and has kicked off a separate sale process for the Indian hospitals, sources familiar with the matter tell us. It is also planning to replicate its Asian success story in Africa, starting in Kenya, HBI can exclusively reveal.

Ex-Abraaj health fund’s greenfield projects finally coming online

The Evercare Health Fund, formerly Abraaj's Growth Markets Health Fund (AGHF) before the PE firm's fall from grace and now managed by TPG, is finally starting to deliver on its big greenfield projects in the most difficult emerging markets, with the Pakistan hospital recently opened and the Lagos, Nigeria, facility expected in Q2 2020. We talk to a source close to Evercare about the Lahore hospital, the whole platform today and the strategy going forward.

Does Value Health have a future?

Value health is the revolutionary idea pioneered by Harvard guru Michael Porter. He had the temerity to suggest providers should be rewarded for quality, rather than activity and that the patient should be viewed and consulted as customers. Invented in the early noughties, it hit a high water mark 7-8 years ago when Obamacare was rolled out incorporating the concept. Then it felt like an inexorable river.

Can Americans at TPG understand Emerging Market health care?

Private equity giant TPG Capital has signed a definitive agreement to manage now-defunct Abraaj's $1bn healthcare fund. Some investors may want a re-pivot towards greenfield projects in countries like Pakistan and Nigeria, we are told, while existing portfolio and fund staff may be growing frustrated at the Americans' slow decision-making.

Sub-Saharan Africa ‘ready for investment’

HBI reports from the Sub-Saharan Africa panel at HBI 2019, where Teo Sarda, CEO of Sphera, Dr Shrey Viranna, CEO of Life, and Audrey Obara, head of healthcare for Swedfund, talked about how to sustainably invest in Africa. 

Cerba/Lancet JV to expand

Cerba is set to expand its JV with pan-African lab network Lancet into more French-speaking countries.

Kenya’s NHIF accredits thousands of for-profit beds but UHC still some way off

Kenya's National Health Insurance Fund has released a list of all accredited inpatient hospitals, 20-25% of which are for-profits, as it goes through a series of reforms to achieve the holy grail of Universal Health Coverage. But the former chairman of one of the country's largest hospital groups tells us the full achievement of the […]

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