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FREE BLOG Latam countries thriving despite recession

Despite, or perhaps because of the recession, prospects for private healthcare services in Latin America are good. The financial crisis in public healthcare is forcing governments to rethink attitudes to the private sector and to open up the sector to external investors. And new, innovative models are emerging. In this 6,000 word report we give a detailed analysis of the six main markets – Brazil, Mexico, Argentina, Chile, Peru and Colombia, and over the next few days we'll be profiling those major players, country by country.

Interview: Andrés Gutiérrez, CEO, Médica Santa Carmen

Mexican renal care cost-cutter Médica Santa Carmen has concluded a second round of investments to expand from four clinics to 20-25 by 2021. We speak to CEO Andrés Gutiérrez about partnerships, the Mexican market and reaching out to the undiagnosed lower classes.

Salauno continues expansion

Mexican affordable optha group salauno has raised 72m pesos (US$3.8m), 50m from GLA, the fund of the Laviada Diez-Barroso Family, and the rest from IFC, a branch of the World Bank, to spend on a new 3,000 square metre hospital and ten new clinics in Mexico city. Director General, Javier Okhuysen, also said a sale to a large group would be appropriate in a “couple of years time.”

Interview: Javier Eguiguren, CFO, Banmédica

Santiago-listed payor-provider Banmédica is at the forefront of international expansion in Latin America with six insurers, ten hospitals and eight outpatient clinics in Chile, Colombia and Peru. Sales were up 14.5% to CLP 265bn (US$ 380m) in 2015, with a 9% EBITDA margin. This year it plans to invest over US$100m to expand capacities in all three countries, jumping from 1,900 to 2,500 hospital beds. We talk to CFO Javier Eguiguren.

Rating and booking sites: Threats or Friends?

There are growing signs that a new generation of rating and booking websites will change the face of outpatient care in many Emerging Markets. New players, sometimes backed by hundreds of millions of dollars, are investing in telehealth platforms that promise instant access to patients, partnering with pharmacies and making access to healthcare easier for patients. Some are active in dozens of countries. Here we talk to the major players about their strategies and how they see the market.

Doctoralia innovates across Latin America

In an unusual innovation, Doctoralia, the international rating and online booking platform, is partnering with patient associations and getting doctors to rate doctors as part of an awards programme. Owned by its Spanish founders, Doctoralia is now active in over 20 countries, particularly Latin America. It claims patients book 100,000 appointments a month on its platform. We interview Frederic Llordachs, co-founder of Doctoralia. This month, we are also writing a detailed survey of how such sites are developing in Emerging Markets from Chile to China.

Hospital group buys Mexico’s largest diagnostic chain

Private equity house Inbursa has sold Mexico's largest lab and diagnostic centre network, Laboratorio Médico Polanco, to the country's only quoted hospital group, Médica Sur. The deal values Polanco at MXN 1.7bn (US$93m) including debt. Our sources say this is the largest healthcare services deal ever in the country.

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