Philippines

 

Manzil plans 2020 expansion in Middle East and South East Asia

UAE-based medicalised homecare provider Manzil plans further expansion this year in Kuwait, Saudi Arabia and Singapore - its South East Asian (SEA) springboard from which it hopes to gain a presence in the wider region. We interview CEO Dr Sarper Tanli on business strategy.

Debts stacking up for NHI schemes

Nearly three years after the CEO of Ghana's National Health Insurance Authority (NHIA) declared it "almost bankrupt", its President claims that his party has cleared the GHS1.2bn ($200m) debt. The country isn't alone in having stacked up debt: HBI looks at the arrears of NHI schemes across emerging markets.

Private equity conquers Southeast Asia as Metro Pacific Hospitals trade

Global private equity firm KKR and Singaporean sovereign wealth fund GIC have agreed to co-invest nearly $700m in Filipino hospital group Metro Pacific Hospital Holdings Inc (MPHHI) as well as a bond issued by majority-owner conglomerate MPIC, pulling the plug on any immediate IPO. The Philippines is the last major SE Asian market to see big PE money enter its healthcare sector.

Big hospital deals in Asia close to completion

A deal to buy pan-southeast Asian hospital group Columbia Asia has reportedly been agreed, while The Philippines' largest private hospital group's dual-track process is rolling on with a prospectus filed and second-round bids in.

Private equity bids for The Philippines’ largest hospital group

American private equity giants are reportedly vying for a minority stake in Metro Pacific Hospitals, the largest private hospital group in The Philippines, but are valuing the group at a lower price than initially speculated. Euronews reports that bidders including KKR, Blackstone, CVC and Singaporean wealth fund Temasek holdings are competing for a stake in the […]

Minority stake in $2bn Metro Pacific could put IPO back on the table

Investment firm Metro Pacific Investments Corp (MPIC) is reportedly preparing to sell a minority stake in its hospital business, the largest in the Philippines, in a deal that would value the company at $2bn or 15.8x 2019 expected EBITDA. HBI sources speculate that it could be the run-up to an IPO.

Germany welcomes wave of Filipino nurses to combat recruitment crisis

Asklepios, Germany's second largest operator of private hospitals by revenue, has set up a pipeline from the Philippines with an initial cohort of 260 being recruited and more to follow. We speak to a healthcare workforce specialist and a German-based operator to find out why.

Kate Tulenko, CEO of Corvus Health, on the Filipino skills drain

Filipino nurses have been flooding out of the country for decades to pursue more lucrative opportunities. What does this mean for Filipino healthcare? We speak to global workforce expert Kate Tulenko from US-based Corvus Health on the ramifications of the Filipino skills drain.

Germany welcomes wave of Filipino nurses to combat recruitment crisis

Asklepios, Germany's second largest operator of private hospitals by revenue, has set up a pipeline from the Philippines with an initial cohort of 260 being recruited and more to follow. We speak to a healthcare workforce specialist and a German-based  operator to find out why.

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