Mediclinic saw underlying EBITDA fall by 2.2% in the financial year 2017, described as “humbling” by its CEO, as challenges in the Middle East made their mark on its full year results.
Apollo presented its strategy to roll out new healthcare formats across India. This involves setting up clusters of mainly greenfield sites to penetrate new growth markets and to leverage its brand.
Saudi Arabia-based Al Borg Medical Laboratories, which claims to be the largest private lab diagnostics network in the GCC, is to buy the lab division of UAE group Anglo Arabian Healthcare (AAH).
The Abu Dhabi government had made a U-turn on its July 2016 decision to impose a 20% co-pay on private services for Thiqa cardholders. It has also lifted all IVF-related restrictions. This is good news for private operators present in the emirate, including NMC and Mediclinic.
National Reference Laboratory (NRL), a fast growing lab network in the United Arab Emirates, which has partnered with the Laboratory Corporation of America (LabCorp), wants to become a regional player and is now looking beyond the UAE. We spoke to its marketing manager, Dr Bisera Laksinka.
Nobody knows how big the medical tourism industry is but it might be shrinking, says publisher Keith Pollard who runs The International Medical Travel Journal (IMTJ).
Abu Dhabi’s sovereign wealth fund has joined up with its Russian peer to invest $28.4m into cancer hospitals in the Moscow region opening by the end of 2017.
The Middle East is awash with opportunity – and pitfalls for the unwary operator and investor. Giving a keynote presentation at HBI 2017, Helmet Schuehsler, chairman and CEO of TVM Capital Healthcare Partners, set out the drivers, challenges and market trends in the region.
Healthcare Business International users cookies to improve the functionality, performance, and effectiveness of our communications. Detailed information on the use of cookies is provided in our Cookies Policy. By continuing to use this site, or by clicking "I agree" you consent to the use of cookies.
