Healthcare Europa speaks to Giuseppe Recchi, CEO of pan-European advanced diagnostic imaging specialist Affidea, to find out about the company’s foray into outpatient care, the state of AI, and plans for the future.
MLP Care, Turkey's largest hospital group which runs the Medical Park chain, saw substantial revenue and EBITDA growth in the first six months of the year. Group CFO Burcu Ozturk tells us that is now looking to expand via acquisitions after opening two new hospitals this year.
CT scans, particularly in emergency settings, can generate high doses of radiation. Affidea has rolled out a programme across its 235 centres in 16 countries which prescribes levels for 72 different CT scans. This is based on its database of 75,000 examinations a month. This has led to Affidea creating 105 unified protocols to standardize operating procedures for CT scans. This program is key to Affidea’s strategy for winning international tenders.
We talk to MLP Care chairman Muharrem Usta about the group's business model, growth strategy, long-term prospects and rumours about upcoming co-pay reforms. It IPOed in February on the Borsa Istanbul, which has since plummeted, dragging down MLP's share price. But the company is upbeat and recently added hospitals in Pendik and Mersin to its portfolio.
In a wide-ranging interview, we look at Affidea’s strategy and view of the market covering everything from partnerships with AI outfits, elite hospitals and payors through to the growth of private pay and the opportunities to manage entire health systems. How will the imaging services and radiotherapy group with HBI estimated sales of around €370m in 2017 grow and build over the next five years?
Turkey’s third-largest hospital group will wait for its recently-opened Istanbul hospital to break even before going public, a source familiar close to the company tells us.
The Turkish government has an ambitious PPP program to build 34 hospitals totalling almost 43,000 beds, and is outsourcing five major clinical areas to the private sector. Healthcare Europa talks to a consultant who is working with the government, which is looking to involve international rehab and lab players.
Recently listed Turkish hospital chain Medical Park Group has released its maiden results. We talk to a local contact about how the company is faring post IPO, and how co-pay changes could point to a rosy future.
Turkish hospital chain Medical Park Group has completed its IPO raising €294m for 36% of the €840m valued company. The EBITDA multiple is a far cry from previous healthcare transactions in Turkey, but a source tells Healthcare Europa it's a fair one.
Unilever runs a global health and prevention programme in over 90 countries for its 169,000 employees. How? What does Dr Thirumalai (known as Dr Raj) think of the private healthcare services sector? And what changes does he expect in the future? And what does he expect from digital health and AI? Dr Raj is also a non-executive independent director of Apollo Hospitals Enterprise and a speaker at HBI 2018 on April 10-11 in London.
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