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Romania

 

Medlife reveals sub-sector impact as summer activity normalises

Listed Romanian operator Medlife's H1 results partially reveal how the national lockdown affected its hospital, lab, dentistry, outpatient, pharmacy and corporate businesses. HBI analysis and investigation reveals the Q2 segment figures and the factors behind average price increases partially offseting sharp volume drops.

Interview: Arjan Toor, CEO, Cigna Europe

Cigna now describes itself as “a global health service company” rather than an insurer and has reorganised its European operations. Toor has recently been promoted to CEO Europe. He says that the insurer, which has 15% (US$840m) of its revenue in Europe, doesn't want to verticalise through owning primary care providers but wants instead to provide an end-to-end user experience.

Romanian post-acute hospital in difficulty

Romania's only substantial specialised rehabilitation hospital looks to be in financial difficulty, after it reportedly laid off the majority of its staff. Should it close, it would spell the death of a nascent market.

Pandemic sparks nationalisation talks in Ireland

The Irish government is reportedly considering buying and nationalising some of the country's 19 private hospitals to help increase bed capacity in the public system. HBI talks to public and private hospital sources for and against it. 

Many CEE markets to crash as remittances drop

Private healthcare markets in CEE/Southeast Europe are set to crash this year due to economic contractions at home and abroad, with many countries highly reliant on remittance money from abroad.

Mid Europa pulls Regina Maria sale

PE firm Mid Europa has pulled the sale of its Romanian healthcare provider Regina Maria, but may re-launch it in the second half of 2021.

FREE BLOG After Christmas come the New Year sales

Christmas is fast approaching, and hot on its heels, the New Year sales. Here at HBI, we like a high street deal as much as the next man, but it’s what’s in the healthcare services pipeline in 2020 that’s caught our eye today.

Medlife buys in Moldova (not the country)

Listed Romanian healthcare group Medlife has acquired a private outpatient clinic chain in the country's eastern region of Moldova, adding €3.8m of 2018 sales.

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