Revenue at International healthcare group NMC breached $2bn for the first time in FY2018. The company repeated its 2019 guidance today (Thursday, March 7)- but its share price plummeted 9% as investors appeared to be cashing in.
Javier Echevarria, CEO, Europe and LatAm of Veritas International (VI) has one of the most interesting challenges in marketing - how do you persuade wealthy consumers to spend around $2,000 on predictive whole genome sequencing (WGS)? He has a broad canvas - his remit is to sell across LatAm, UAE, Europe and Japan.
HBI hears rumour that Mayo Clinic, one of the biggest global brands in healthcare, is about to close an agreement with the Abu Dhabi government to manage a 700-bed hospital. Mayo tells HBI unequivocally this is not correct.
Arab Health never seems to get any smaller. HBI travelled to Dubai and spoke to some of the 84,500 attendees and 4,150 exhibiting companies. But, strip out the hoop-la, and what is really going on at ground level? Here are our main takeaways from the four-day long event:
Once a year, over 80,000 healthcare operators, providers and experts gather at Dubai's World Trade Centre for four days of Arab Health. According to suppliers, it's the event at which payors and providers begin to think about what they might like to purchase and where they might consider expanding.
Two of Europe’s biggest healthcare companies which were widely expected to IPO imminently are now, we hear, ruling out this year. Why the delay – and what does this tell us about the state of a slowing market? HBI speaks to an operator CEO and investment banking sources.
Bahrain is due to follow its richer neighbour, the UAE, by implementing a mandatory insurance programme this year. Yet its far lower GDP and population could make it difficult for large hospitals to flourish in the region. HBI speaks to two GCC experts about how legislation will change the healthcare landscape.
Abu Dhabi's Mubadala Investment Company has acquired long-term, post-acute and home care group Amana Healthcare from existing shareholders. It comes as Dubai adopts DRG payments in the hospital sector this year which should propel the post-acute sector upwards, and the group tells us it is set to open a facility there imminently.
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