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The declining profitability of UK care homes

Profitability in the UK's care home sector has been declining pretty consistently over the past 15 years. This trend has continued over the past four years - although not as dramatically as you might expect given cost increases - according to data collected by real estate consultancy Knight Frank.

HBI Deals+Insights briefing December 2023: Intelligence members

Click here to see your December 2023 edition of Deals+Insights Our December edition predicts a return to market for international dentistry player EDG. We also look at French nursing home groups Orpea and Clariane as they consider leaving the tricky Belgian market  - and ask why they have come to very different conclusions. We consider […]

Affidea tightens its hold on Romanian imaging

Pan-European diagnostic giant Affidea has increased its dominance in the Romanian imaging market with the acquisition of Biomed Scan, a two-clinic imaging provider in Bucharest. This is the second acquisition it has made in the market in 2023, after its acquisition of a seven-clinic group in Teleorman at the beginning of the year. It now has 48 Romanian clinics, by far the most of any private provider.

Blackstone buys CARE Hospitals and KIMS Health

Global private equity firm Blackstone has entered the Indian hospital market with two big acquisitions. It is acquiring a 75% stake in Hyderbad-based CARE Hospitals. In a separate deal, CARE is buying a majority stake in rival group KIMS Health. The plan is to merge the two groups and create one of India's largest hospital chains. 

Workforce woes beckon in a winter of discontent

Winter is coming, and for the health care sector the end of the year could see a weary workforce and soaring costs push some groups to breaking point. HBI speaks to a selection of operators, analysts and advisers to understand how groups are planning for the potentially difficult months ahead.

How advanced is Saudi’s Health Sector Transformation Plan?

Vivek Shukla, interim chief commercial officer at SEHA (Abu Dhabi Health Services company), laid out the three key phases in the transformation of Saudi Arabia's health care sector at a webinar HBI hosted entitled ‘Saudi Health Transformation – The Real Opportunity’ last week.

UK Health Minister looks for further collaboration with independent sector

The UK's Secretary of State for Health and Social Care has told for-profit operators collaborations between the NHS and private players have paved the way for them to have an increased role going forward - and that patients will be given greater opportunity to be referred to independent sector providers.

Two bidders left for Ramsay Sime Darby, as CVC buys Filipino hospital chain

South East Asia is continuing to see much more large-scale M&A activity than Europe. The sale of Malaysian and Indonesian hospital group Ramsay Sime Darby is reaching its final stages, with only two bidders reportedly left in the running. Meanwhile, Luxembourg-based PE firm CVC Capital Partners has bought a controlling stake in The Medical City (TMC), the Philippines' most expansive hospital group in terms of outpatient clinic footprint.

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