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Germany looks to emerging markets for care workers

As an aging population compounds Germany’s workforce crisis, the search for staff continues to expand outside Europe. With the government launching an initiative to attract skilled care workers from Brazil and beyond, HBI speaks to two market experts to find out more.
May 25, 2023

Korian says name change is “not a rebrand”

Last month leading French nursing home operator Korian announced that as of July 1, it will be adopting a new name. Going forward, parent company Korian will be known as ‘Clariane’ - a name HBI understands is designed to evoke clarity and transparency. Is this a reaction to the recent scandals engulfing the sector? Korian claims not. Our sources disagree.
May 17, 2023

Is Kursana a Cinderella?

Dussmann, the big European facilities management company which also owns Kursana, the fifth largest German nursing home group, saw revenue grow 20% to €2.8 billion in 2022. The company claimed that this was “almost exclusively organic.” But the Care & Kids division which is mainly Kursana didn’t grow at all. Is it a Cinderella?
May 16, 2023

FREE BLOG A bientôt Korian, bonjour Clariane!

When an organisation is marred by a reputational scandal so harmful that it jeopardises the bottom line, often a corporate rebrand is the only solution. This course of action is nothing new and there are countless examples of successful makeovers across industries, and health care is no different.
May 12, 2023

Dutch nursing home consolidation infographic

The Dutch nursing care market is highly consolidated, primarily by the top for-profit French operators - namely Korian and Orpea - who have been acquiring multiple smaller Dutch operators since 2018. Five years on, the two leading French giants control over 60% of the beds in the market under various different brand names. The big two have acquired the lower tier competitors so there aren't that many targets left to acquire. This infographic is kindly supplied by Dutch healthcare consultancy Vardetun.
May 12, 2023

Ireland’s ‘Fair Deal Scheme’ for nursing homes under fire

As an Irish nursing home is pulls one of its homes out of the public funding scheme citing “extreme financial pressure”, and elements in the government appear increasingly hostile to for-profits in the sector, HBI speaks to a market expert and asks if this is a blip, or a trend.
May 12, 2023

Orpea restructuring: What will it look to sell?

It has been almost six months since under-fire French nursing home giant Orpea announced plans to get its core business back on track, restructure its debt, and sell around €1.2bn worth of real estate over the next three years. As discussions separating the wheat from the chaff go on behind closed doors, HBI asks three experts where, and what it might sell, and reviews what other French operators like Korian are doing to repair reputation.
May 5, 2023

HC-One placed under embargo by concerned council

Leading nursing home operator in the UK HC-One has issued a formal apology to the families of three deceased former residents for shortcomings in one of its homes. In response, the Cambridgeshire City Council (CCC) has placed an embargo on the operator, halting all admissions until at least 2024. Click here to read more about […]
April 28, 2023

UK healthcare property market healthy, despite headwinds

According to global property consultant Knight Frank, the UK healthcare property market saw significant transaction volumes closing at circa £2.4bn in 2022 despite political instability, with overseas capital accounting for 31% of transaction volume due to a mix of European and American capital being deployed into various care assets.
April 28, 2023
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