Turkey

 

What do successful healthcare brands do?

What really makes a healthcare brand stand out and succeed? And how do operators actually achieve this? At HBI 2019 we heard from an operational expert at Siemens Healthineers, a marketing expert from one of the UK's largest private hospital groups and were given a financial steer on branding from Turkish hospital group MLP Care.

MLP Care plans consolidation

Turkey's largest independent private hospital group wants to consolidate the market by buying 9% of the country's for-profit hospitals over the next 2-3 years.

Acibadem pulls Bulgarian sale

IHH-owned hospital group Acibadem has decided not to sell its Bulgarian assets. HBI sources have expressed incredulity at the reasons given.

Full year post-tax profits plummet at IHH

Pan-Asian hospital group IHH Healthcare saw 3% revenue growth, 9% EBITDA growth but a 35% plummet in post-tax profits in 2018. The results confirm its struggles in Turkey.

Turkish private hospitals closing at a dizzying rate

We hear that a handful of independent private hospitals in Turkey have closed in the past few months as a faltering economy takes its toll, while larger groups are apparently cutting back on staffing to maintain margins.

Turkish lira fall drags IHH’s Q3 results into the red

A month ago we wrote that pan-Asian hospital group IHH Healthcare might be looking to exit its Turkish subsidiary, Acibadem. Over the past week, it revealed a loss in Q3 because of the Lira's fall and also announced a new single-largest shareholder. One source suggests it might be looking to sell before March's local elections in Turkey.

Is IHH pulling out of Europe to focus on Asia?

Recent developments point to pan-Asian hospital group IHH scaling down Acibadem, its Turkey-based subsidiary. What does this mean for its interest in Europe? We talk to well-placed sources about what a falling lira, shareholder restructuring, asset sales in Bulgaria and Macedonia, and IHH’s acquisition of Indian chain Fortis might mean.

Is IHH pulling out of Europe?

Recent developments point to pan-Asian hospital group IHH scaling down Acibadem, its Turkey-based subsidiary. What does this mean for its interest in Europe? We talk to well-placed sources about what a falling lira, shareholder restructuring, asset sales in Bulgaria and Macedonia, and IHH's acquisition of Indian chain Fortis might mean.

FREE BLOG Will Khashoggi case fallout affect the Saudi healthcare market?

The CEOs of Siemens, Uber, Japan’s biggest bank and the US Treasury secretary pulled out of a conference in Saudi Arabia which started yesterday, in light of journalist Jamal Khashoggi’s death. Might this dampen international appetite for taking part in crown prince Mohammed Bin Salman’s healthcare reform process? Turkish president Erdogan yesterday branded the killing […]

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