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Interview: Henk de Jong, CEO, Fa-Med

Will a pan-European market in medical factoring develop? Will we even see statutory pan-European healthcare insurers? We talk to Henk de Jong, CEO of Fa-Med, the largest medical factoring group in the Netherlands - and, probably, in Europe - which is looking at Germany, Poland and Switzerland. Fa-Med has been owned by Waterland private equity for over a decade. Henk is a delegate at the Healthcare Europa conference on March 13, 2014 in London.
January 27, 2014

Interview: Philipp Jan Flach, Director, MC Groep

MC Groep, after taking control of a general hospital group in 2008, has just bought privatised hospital Slotervaart Ziekenhuis. This adds to its existing operation Stichting Ijsselmeerziekenhuizen, more than doubling its scale. Healthcare Europa estimates that, all together, MC generates sales of around €250m a year. We talk to Director Philipp Jan Flach about the MC model, the group’s plans and how he sees the Dutch market. Flach, a medical doctor, spent seven years at Bain before joining MC Groep in 2009.
January 20, 2014

Dutch lab market set to open to external investors

The Dutch lab market is liberalising fast, offering big opportunities for international players. Not only that: a private equity house may buy a lab from a not-for-profit hospital early in the New Year. This would be the first of many deals to come. That's especially true now that there is a general political consensus that healthcare and care costs are too high, and that the private sector should be involved in the solution.
December 17, 2013

3i buys into discount gym sector

3i has invested €110m in Basic-Fit, which runs 200 discount gyms aross Benelux, Spain and France. The group is part of a new generation of gyms, which are one-third to half the price of the traditional players.
December 6, 2013

MC bids for Slotervaart as Dutch hospital sector opens up

The Netherlands is on track to pass legislation enabling private investors to buy shares in the country's not-for-profit general hospitals, which provide almost all inpatient acute care in the country. Meanwhile, it looks as though Slotervaart, a privatised hospital whose shareholders have been fighting each other for months now, will be taken over by MC Groep, one of the first privatisation players in the country. We talk to Chris Van Den Haak, partner at BDO Netherlands, who has just written a report on the financial health of the Dutch general hospital sector. Are we about to see a tsunami of privatisation?
November 25, 2013

Dutch hospitals to go for-profit

Will Dutch hospitals finally become investable? Observers believe that the Netherlands’ coalition government is preparing to pass landmark legislation allowing every hospital in the country to disburse profits to shareholders. We speak to industry sources about what to expect.
October 4, 2013

FREE BLOG Supertankers with medievael navigation

It is shocking to realise just how uncontrolled most healthcare systems are. You could call them supertankers with medievael navigation. The trouble is that this analogy suggests that there is a pilot at the wheel and that everyone is in a single craft.
July 18, 2013

Erbudak accused of embezzlement

Slotervaart Hospital, one of three privatised hospitals in the Netherlands, is in deep trouble. Minutes of a board meeting leaked to Dutch newspaper Parool reveal that bank ING has halved Slotervaart’s credit facility, from €52m to €28m, while the hospital is forecasting a net loss of €5m in 2013 after a €2.1m loss in 2012. Meanwhile, co-founder and entrepreneur Aysel Erbudak, still suspended from the board, has been accused of embezzling funds from the hospital.
July 9, 2013

Investigations into Dutch hospitals to go ahead

An investigation into overcharging by the 100 not-for-profit hospitals that make up the acute sector in the Netherlands will go ahead. Will this allow insurers to make changes?
June 21, 2013
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