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Interview: Alison Platt, Managing Director, International Markets Development, Bupa

UK insurer Bupa has just bought Polish clinic chain Lux Med for £325m. The move means that an insurer now owns the largest Polish private healthcare provider. This is a sea change for a private healthcare market where insurers have always been weak outsiders, while the country has been dominated by a combination of private subscription healthcare providers and a black market in public healthcare services. We talk to Alison Platt, the managing director of Bupa’s international operations, about vertical integration.

Largest private hospital in Bulgaria for sale

Tokuda, the largest private hospital in Bulgaria - in fact, the largest in all of the former Warsaw Pact countries - is for sale. The 1,000-bed facility has a contract with the national health insurance fund.

Bupa plans vertical integration for Poland

Bupa is deadly serious about bidding for Lux-Med, the largest Polish subscription healthcare operator. But so are a couple of large private equity houses!

Romanian roundabout derails reform (again)

The great hope for Romanian reform, Minister of Health Vasile Cepoi, has resigned due to a possible conflict of interest involving his wife. This means that the reform process has again been halted. Prime Minister Victor Ponta takes over until the December elections. Meanwhile, new operators are piling in, prompting a lively debate on how fast the private healthcare sector is growing.

New CEO at Euromedic

Big imaging services provider Euromedic International has appointed Dimitris Moulavasilis as its new CEO, following the departure earlier in 2012 of Richard di Benedetto. A CFO has yet to be announced, but has been selected.

First Russian hospital group to float on London stock exchange

Russia's second largest hospital group, MD Medical, is to float on the London Stock Exchange in October, with the aim of raising $150 million. We have interviewed CEO Elena Mladova (see interviews) on the business model and its customers. Here we look at likely valuations.

New insurer uses foreign hospitals to cut prices

Passport2Health, a new UK insurer, claims to cut the price of healthcare insurance to people in the UK by at least 30% and often 50% by using foreign hospitals. CEO and insurance veteran Frank Levene claims that Passport2Health, backed by Lloyds syndicate Sirius International has slashed costs by striking innovative deals with top European hospitals.

FREE BLOG Breathtaking numbers from IHH

IHH Healthcare Berhad, the second largest private hospital group in the world, has raised 6.3bn ringgit ($2bn) through an IPO in Malaysia and Singapore. The deal values 2012 prospective net profits at 21 times and values the group at 23bn ringgit ($7.3bn). So what are the lessons from this?

Will Turkish government enforce new ceiling rules?

The Turkish government may start to impose penalties on private hospitals overcharging patients. Meanwhile, the prices that can charge patients who are part paid by the state has risen and the Ministry of Health is indicating that it will allow more newly qualified doctors to work in the private sector.

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