For many years investors have piled into German nursing homes attracted by the long-term care insurance payment model which guarantees future budgets. But the current wave of inflation may swamp many operators.
Swedish telehealth companies have experienced a surge in revenue since Covid. But the treble whammy of relatively low fees, expansion costs and the inflationary economic downturn have compounded losses.
The Greek and US governments are investigating vulture fund Farallon's purchase of Euromedica back in 2020. That could scupper Euromedica's planned merger with Imithea – the parent company of Greece’s largest single private hospital Henry Dunant.
Amazon is among the bidders in the $8bn auction of AI/big data US player Signify Health. That comes just over a month after it bought loss-making US primary care chain One Medical for $3.9bn. The tech giant is also closing its existing telehealth arm, Amazon Care.
Burjeel Holdings, a major private hospital group in the UAE, is entering the Saudi Arabian market, saying it will invest up to $1bn in the country by 2030.
The recent UK-Nepal healthcare professional recruitment agreement smacks of desperation. Nepal is one of the poorest countries in the world, with purchasing power parity per capita GDP roughly the same as the Congo, according to the IMF. Yes, the UK is in a unique position post-Brexit and is known for its unusual and innovative health care labour agreements. But even so it is a strange move!
Michael Sen, the new CEO of Fresenius SE, was previously hired back by Siemens to lead the break up IPO of Siemens Healthineers. So will Sen, currently the CEO of Fresenius’ infusion, transfusion and clinical nutrition subsidiary Kabi, be for revolution or continuity?
Proposed Swedish legislation will prevent patients with private health insurance from getting swifter access to Sweden’s public health system. The privately insured population has risen seven fold since 2000.
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