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Second opinion providers growing at breakneck speed

The medical second opinion industry is booming with the major operators building international networks. One provider, Barcelona-based Advance Medical, expects to grow global sales from €60m in 2015 to €100m in 2018.
October 2, 2015

Vithas buys stake in Juaneda

Vithas, the fourth largest Spanish hospital group has bought a 10-15% stake in Juaneda, the main hospital operator in the Baleriac Islands for €12.5m.
October 2, 2015

Report: Can assisted living work in Europe?

Everyone is familiar with the idea of a retirement village, but they are relative newcomers in any form to Europe and the common perception first popularised in 1950s America is out-dated. Then retirement meant receiving the proverbial gold watch at 65 and moving somewhere cheaper, joining a like-minded community with a golf course, often somewhere with better weather. Some developments became towns in their own right. Arizona’s Sun City has 62,000 residents. Today over 5% of those 65+ live in dedicated retirement communities.
August 21, 2015

FREE BLOG Is it ever worth running a hospital for a government?

The idea that the private sector, thanks to its efficiency and management skills, can build and run a public hospital, or manage an existing public hospital, is beguiling. It is also increasingly clear that it is a bird which never flies.
July 8, 2015

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.
July 8, 2015

Report: Great Eggspectations – Europe’s Fertility Market

Fertility is emerging as an important and very international market sector with several European groups enjoying sales of over €100m. In a 4,500 word report, HCE Journalist Lee Murray takes a look at this market across a range of regulated and free markets in Europe to discover prices, patient journeys, market consolidation and just how far people are willing to travel for the chance at a baby.
June 26, 2015

Cinven’s €3 billion bet on labs

Cinven has placed a €3bn bet on the European diagnostic laboratory space, by agreeing to pay a higher than expected €1.85bn for synlab Group, a multiple of just over 12 times current EBITDA. It will combine synlab with Labco to create a truly Pan-European lab group with pro-forma 2014 sales of just over €1.4bn, nearly twice that of its nearest rival. But why bet €3bn on a sector where tariffs are falling and operators have no control over pricing? And could the French authorities block the deal?
June 26, 2015

Report: Spain: Europe’s fertility playground

In Spain, the fertility market is booming as patients from near and far flock to clinics and fork out cash for a chance at happiness. Clinica Tambre, a medium sized private clinic in the centre of Madrid, claims that 40% of its patients come from nearby France and Italy for treatment. The driving force behind this is egg cell donation.
June 19, 2015
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