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Turkey

 

Private hospitals become increasingly political in Turkey

Some 21 private hospitals with links to the Gülen movement, an organisation opposed to the ruling AKP party, were refused renewals of their contract with social security insurance (SGK). The move comes amid allegations of corruption involving the AKP in the private healthcare sector.
January 8, 2016

Patient apps to change business models

Integrated patient apps that bring together a suite of things from symptom checkers to telehealth are radically changing the business model for outpatient and hospital network Medicover, as well as other operators in some European countries. Meanwhile, health insurer Aetna is set to rebuild its business model for its global business, particularly in emerging markets, with an app at its heart.
November 30, 2015

Senior Assist to triple beds in Chile

Senior Assist, the Belgian elderly care group, expects its nursing home business in Chile to triple to 1,500 beds by 2018. The group has also opened homes in Turkey and Uruguay and is looking at Colombia, Russia and Thailand. We talk to Roderick Peters, CEO of Senior Assist Latin America about the Latin America market.
September 22, 2015

babylon health to launch “revolutionary” AI within a month

The innovative UK telehealth business, babylon health, will launch its hotly anticipated artificial intelligence (AI) programme within a month, says its founder and CEO Dr Ali Parsa. It will use computer pattern recognition to diagnose common illnesses, making diagnosis effectively a free service. We talk to Parsa about the business, which plans to roll out its service through the English NHS as well as in the Bahamas, but appears to have postponed its entry to Rwanda.
September 18, 2015

FREE BLOG Falling currency spells doom for some

You’re running a hospital group in an emerging market and your medtech bill suddenly doubles, so does your rent and your debt. That is the reality for many Russian hospital groups after the currency halved against the dollar. Western medtech is vital and dollar-denominated debt and rents are common.
September 11, 2015

IHH becomes a major player in India

The largest Asian hospital chain, IHH Healthcare Berhad, has acquired Global Hospitals, India’s fourth largest group, in a deal which takes IHH’s Indian revenues to a run rate of around INR 12bn ($181m) in calendar 2015 with over 1,800 beds. The deal saw IHH pay INR 10.2bn for a 73.4% stake and inject a further […]
September 2, 2015

Mid Europa swoops on Regina Maria

Mid Europa has beaten Acibadem to buy Regina Maria, the second largest Romanian healthcare group from Advent International. Mid Europa is a veteran investor in the healthcare services sector in East Europe having built Lux-Med in Poland into the largest national operator before selling it to Bupa. Can it repeat a similar trick in Romania? We talk to Mid Europa boss Matthew Strassberg.
August 5, 2015

Report: Bulgarian Healthcare Market – A private cure for a public problem

Bulgaria is the poorest and most corrupt country in the European Union. It also has a surprisingly large private hospital sector. As in Turkey and Finland, patients are free to use their National Health Insurance Funds to partly pay for private treatment. The public sector appears to be in terminal retreat. Here we profile the top ten players and talk to several CEOs on why and where they see expansion.
July 17, 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
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