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Turkey

 

Private sector grows in Bulgaria

The private hospital sector in Bulgaria continues to grow according to Illian Grigorov, CEO of City Hospitals who plans to plan to open a 60 bed cardiac and vascular centre in Sofia this autumn and a 90 bed hospital in Varna for 2013/2014. That means competing with foreign hospitals.

FREE BLOG Turkey and healthcare tourism

The Turkish government claims that last year 500,000 foreigners visited Turkey and that they paid over $800m for treatment.  But is that true?...

Interview: Dr Hasan Kus, Healthcare Business Development President, Anadolu Group

A third of all sales at Anadolu Medical Center (AMC), a JCI accredited hospital in Istanbul with 209 beds which is affiliated to John Hopkins in the USA, now comes from healthcare tourism. Last year foreign patients rose to 5,400. The main hospital is not-for-profit and part of the Anadolu Foundation, owned by Anadolu Group, one of the largest conglomerates in the country, but plans are afoot to put the healthcare tourism arm into a for-profit operation. Anadolu has just constructed a 82 bed on campus hotel to take outpatients and their families and is planning to add outpatient facilities in Romania and other client countries. The campus will also soon boast a University facility for teaching doctors, run by Anadolu Foundation....

Interview: Michael Amsel, CEO, Lissod

Founded in 2007, Lissod is a private oncology hospital in Kiev. The brainchild of Ukrainian doctor Dr. Eduard Mayberg, it is backed by Israeli private equity group LR Group, which invests in countries such as Angola, the Congo and the Ukraine, typically in property and healthcare. We talk to Michael Amsel, who is a director in LR Group and CEO of Lissod about the business model, the Ukrainian market and healthcare tourism. ...

IHH to buy Acibadem and float

Integrated Healthcare Holdings Sdn Bhd is planning an initial public offering that may raise $2 billion following its acquisition of Acibadem, the premier Turkish hospital chain. Investment bank sources told Healthcare Europa that the IPO is likely to value IHH at $7-8bn....

Turkish operators ignore ceiling

Perhaps we are a little thick, but we’ve finally worked out how Turkish private operators manage to live with the government’s requirement that they charge patients an excess of no more than 30%-70% of what the state pays for their treatment. They ignore it! Meanwhile, hopes that the ceiling might be abolished look wide of the mark....

Will Turks raise the ceiling on charges?

Post the successful re-election of the Turkish government, there is renewed speculation that the government may raise the hated ceiling on how much private hospitals can charge to individuals who are part-paid by the state. Meanwhile, the Ministry of Social Security, which includes responsibility for care, is to be taken out of the Ministry of Labour and moved into the Ministry of Health. DRGs will be introduced for the private sector in 2012....

Di Benedetto lays out road map

Speaking at the Investing in Healthcare in Europe conference, chief executive Richard di Benedetto laid down the road map for Euromedic and gave an overview of valuations and growth in imaging services across Eastern and Southern Europe....

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