Russia

 

Russian oxygen supplies dwindle

Parts of Russia are facing significant oxygen shortages as the treatment of Covid patients continues to chip away at reserves.

Russia kickstarts remote diagnoses

Russia has just started a new three-year pilot that allows specific providers to make remote diagnoses and prescriptions, it is one of the last countries in Europe to deregulate telehealth. 

EMC shares priced at low end

Russian hospital operator EMC will go public at a 2020 EBITDA/enterprise value ratio of 11x after the group set its pricing at the bottom of the indicative range. The group has also revealed that Igor Shilov will remain the majority shareholder.

EMC plans Moscow IPO

Russia's second-largest healthcare operator by revenue, European Medical Center (EMC), has announced an intention to float in Moscow but will not be raising any proceeds from the process.

Russia debates ban on spending public funds on capex

Russia has put forward draft proposals that forbid private providers from spending compulsory insurance funds on capital expenditure, the acquisition of property and the repayment of loans. Operators say it will likely halt all investment in the sector.

Operators in Russia and ex-CIS hit hard by COVID

State financing has seen little growth in expenditure in Russia over the last couple of years, while former CIS countries are struggling to fund robust healthcare systems. Despite this, panellists at HBI's Russia and Former CIS - State of the Regions discussion last week found some reasons to be positive.

Russian hospitals continue push into oncology

MD Medical has seen oncology revenues soar by 351% in H1 and this month will open its new cancer hospital for patients. It's not alone in diversifying away from self-pay activity.

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