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NMC sells Aspen opco to NorthWest

Canadian REIT NorthWest Healthcare Properties has acquired hospital operator Aspen Healthcare UK Limited from NMC Health, a year after it bought the bulk of its real estate. It mirrors what happened to larger UK chain BMI Healthcare three years ago. 
August 24, 2021

US homecare tech specialist buys Home Instead

US-based homecare tech specialist Honor Technology has acquired Home Instead, the global leader of franchise homecare services. The deal creates a global homecare group worth more than $2.1 billion in homecare revenue.  HBI chats with sources including Home Instead's UK CEO to find out what the deal means for markets outside of the United States.
August 19, 2021

Comeback treatments squeeze payors

Claims on private medical insurance were higher than expected for some providers in the second quarter, hitting or even exceeding pre-pandemic levels for the first time.  The picture is similar for public payors with AOK reporting double-digit growth in spending. Across the board, it's having an impact on the bottom line - and leaving some substantially in the red.
August 19, 2021

Livingbridge buys Everlight

London-based mid-market private equity investor Livingbridge is buying a majority stake in global teleradiology firm Everlight Radiology. HBI chats to a source with knowledge of the sale and a UK analyst to find out more.
August 12, 2021

New retirement housing in the UK increasingly rental

Around 25% of the £450 million invested into the senior housing sector in the first half of 2021 went into housing intended for rent rather than sale. About time says Michael Voges, executive director of retirement village trade body the Associated Retirement Community Operators (ARCO). HBI speaks to him to find out more.
August 5, 2021

NMC founder alleges multi-billion dollar fraud

BR Shetty, founder of the GCC’s largest for-profit healthcare operator NMC Healthcare, has issued legal proceedings seeking $8bn in damages, claiming audit firm EY, Bank of Baroda, and Netherlands-based Credit Europe Bank were part of a co-ordinated and deliberate conspiracy to remove money from his businesses.
August 5, 2021

Bupa shift towards digital could impact M&A

Bupa’s new CEO Iñaki Ereño has announced a new strategy for the international health insurer and service group including making 40% of customer care touchpoints Bupa-owned, and having 60% active digital customers. What does this mean for Bupa's M&A strategy going forward? We talk to consultancy Candesic to find out more.
August 5, 2021

Interview: Giuseppe Recchi, CEO, Affidea

Europe’s largest imaging company Affidea wants to become a one-stop shop for all outpatient services. HBI talks to CEO Giuseppe Recchi about changing a brand’s reputation, a record year of M&A and how the pandemic impacted the business.
July 29, 2021
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