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Opportunities in Russian healthcare: Presentation, Emmett Moriarty, Ennismore Advisory

Emmett has spent much of the last five years working in Russia including a year working as Vice-President of Medsi, the big Moscow healthcare group. Here he looks at the state of the market across acute, diagnostics and elderly care. What are conditions really like on the ground? Who are the consumers? And what are the threats and opportunities?

Court freezes Medsi assets

Russian private national healthcare chain Medsi, owned by Russian conglomerate Sistema, had its assets frozen by a Russian court on Tuesday following legal action by state-backed oil giant Rosneft.

Waiting times slashed in Moscow through use of digital health

Russia’s capital has saved 600,000 doctor hours and cut waiting times to 20 mins for 93% of primary care patients through its use of digital health, said Vladimir Makarov, deputy head of Moscow City Department of Information Technology at Health2.0 conference in Barcelona earlier this month.

Sovereign cure for Russian cancer

Abu Dhabi’s sovereign wealth fund has joined up with its Russian peer to invest $28.4m into cancer hospitals in the Moscow region opening by the end of 2017.

Kazakhs invest in Russian Ilyinsky Hospital

Kazakh investor the EMDEU Group has agreed to buy half the equity in the Ilyinsky Hospital, a 140-bed facility being built near Moscow, from Clinic Management Group.

Medsi to IPO?

The Russian conglomerate Sistema, which owns the Medsi hospital chain, will take the group public, says Reuters.

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