Peru

 

Bolivia’s largest health insurer moves into service provision

Nacional Seguros Vida y Salud, Bolivia’s largest health insurer, is looking to vertically integrate through a US$65m investment into a network of hospitals and clinics. Healthcare Nova speaks to president Jose Luis Camacho, who has US$20m put aside for expansion, but is looking for external investors to finance the additional US$45m.

Quironsalud enters Peru

Spain’s largest healthcare provider, Quironsalud, which was recently bought by German hospital operator Fresenius Helios, has entered the Peruvian market through the acquisition of a 50% stake in Clinica Ricardo Palma in the capital Lima.

FREE BLOG Latam countries thriving despite recession

Despite, or perhaps because of the recession, prospects for private healthcare services in Latin America are good. The financial crisis in public healthcare is forcing governments to rethink attitudes to the private sector and to open up the sector to external investors. And new, innovative models are emerging. In this 6,000 word report we give a detailed analysis of the six main markets – Brazil, Mexico, Argentina, Chile, Peru and Colombia, and over the next few days we'll be profiling those major players, country by country.

Auna’s frenetic race to build national chain in Peru

Private equity-backed Auna has gone from oncological payor-provider to Peru's third largest private healthcare chain in just three years. We speak to financial analyst Fernando Adrián Mendoza at Auna to get a grasp of Peru's prompt healthcare transformation. With global operators like Bupa lurking within Latin America, it's only a matter of time before M&A heats up in this country of 31m.

Interview: Javier Eguiguren, CFO, Banmédica

Santiago-listed payor-provider Banmédica is at the forefront of international expansion in Latin America with six insurers, ten hospitals and eight outpatient clinics in Chile, Colombia and Peru. Sales were up 14.5% to CLP 265bn (US$ 380m) in 2015, with a 9% EBITDA margin. This year it plans to invest over US$100m to expand capacities in all three countries, jumping from 1,900 to 2,500 hospital beds. We talk to CFO Javier Eguiguren.

Senior Assist to triple beds in Chile

Senior Assist, the Belgian elderly care group, expects its nursing home business in Chile to triple to 1,500 beds by 2018. The group has also opened homes in Turkey and Uruguay and is looking at Colombia, Russia and Thailand. We talk to Roderick Peters, CEO of Senior Assist Latin America about the Latin America market.

Alzira model looks doomed

The Alzira model looks doomed as Valencia cracks down on the private concessions which run healthcare for over 1m people. The newly elected left wing coalition government is hostile to the model and is carrying out rigorous audits which are likely to destroy profits. Two large insurers have already sold their stakes to Ribera Salud, which is 50% owned by US operator Centene. But there are still international opportunities for Alzira.

Telefónica brings subscription mobile health services to two million across Latin America

Healthcare Nova can reveal that mobile phone giant Telefónica is rolling out its mobile health services to all its Latin American countries over the next two months. Launched in Brazil in 2012 it now has 2m customers there. It is also about to turn Saluspot, a platform to message doctors and book appointments, into a subscription service. Mobile health services include 24/7 call centres and SMS health tips and advice.

Interview: Jaime Cervantes Covarrubias, CEO, Grupo VitalMex, Mexico

Persuading public sector hospitals to outsource the management of surgery sounds unlikely to lead to business success. After all, surgeons are powerful and surgery is a jealously guarded core competency. You might imagine that few public sector hospitals would willingly outsource. Yet Vitalmex has grown sales to $300m with this very business model and is now active in Peru, Colombia and Brazil. Thailand and Turkey could be next.

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