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Infographic: UK and Ireland have the worst waiting lists

England’s staggering waiting list for elective care, which sits at 6.6 million people at time of writing, is unsurprisingly much worse than most other NHS-style systems and very close to the levels in Ireland. Eagle-eyed readers may have already noticed the lack of Bismarckian systems – a triumph of mandatory-insurers? Not necessarily.
July 22, 2022

Wage inflation hit Medicover and Terveystalo

Terveystalo, the Finnish and now Swedish outpatient network for whom employers are the main customers, and Medicover, the Pan-East European and now Indian group, both saw falls in EBITDA in the second quarter, thanks partly to the tight labour market, which also limited growth. Drops in Covid test volumes hasn't helped either and Terveystalo said that volumes of other tests have not recovered quite as expected. Medicover shares rose 17 SEK to 148SEK on the day, with Terveystalo off €1.4 at €9.17 over the week.
July 22, 2022

Reforms enable Ambea to raise its social care presence in Denmark

Ambea Group, a major quoted Scandinavian care provider, has been actively buying social care companies in Denmark. We look at why Ambea has been buying in a country which has a history of hostility to for-profit health care and now has a leftist, Social Democrat government.
July 21, 2022

Amazon buys primary care network for 6x revenue

Amazon surprised markets by buying the loss-making One Medical US primary care chain for $18 a share, a 43% premium. In 2021 One Medical grew revenue by 64% to $623m, on which it lost $243.5m.
July 21, 2022

Bid may undervalue Mediclinic

South African analysts say the 504p per share, £3.7bn proposed cash offer for Mediclinic International's equity, the South African, Swiss and Middle East hospital group may somewhat undervalue the business. The current offer equates to an enterprise value of £5.88bn. Analysts put the break up value on an enterprise value at between £5.5bn and £6.2bn. HBI reckons the equity alone could be worth £5.2bn.
July 20, 2022

Portuguese hospital groups face €191 million fine

The Autorldade da Concorrencia (AdC), the Portuguese Competition Authority, has sanctioned and imposed fines of €191 million on several private hospital groups and the Portuguese Private Hospitals Association (APHP).
July 18, 2022

Icade Santé buys in Spain, and sells in France

French REIT Icade Santé is on a buying and selling spree. On June 30, the company finalised the purchase of Spanish care facilities for €60 million. Two days before it sold four healthcare facilities in France for €78 million.
July 14, 2022
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