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COVID-19

 

Gas rivals agree to supply poorer countries

Global industrial gas providers Air Liquide and Linde have signed two agreements with development agencies Unitaid and Clinton Health Access Initiative(CHAI), to combat a critical oxygen shortage in low and middle-income countries (LMICs) amid the second COVID wave, supplying gas for a "fair price".
June 24, 2021

Interview: Ray Berglund and Dominic Orchard, Alvarez and Marsal

The pandemic is causing many businesses and their investors to reassess their plans - and their portfolios. HBI speaks to Ray Berglund, Head of European Healthcare and Life Sciences at management consultants Alvarez & Marsal, and his colleague and Managing Director Dominic Orchard, about why they have never been busier, and the clear trend they are seeing towards carve-outs.
June 24, 2021

Greek nursing home sector: An untapped opportunity?

The Greek care home sector gets scant support from a periodically hostile government and has yet to attract major interest from large European nursing home groups and investors. Despite this, the population is ageing rapidly and demand for nursing care is growing. HBI talks to two market experts about the pandemic in Greece and the future of the market.
June 17, 2021

Is a 2021 recovery for the care home sector realistic?

Across Europe care home operators are optimistic about recovery, with many saying they expect a return to something like normality by the end of 2021. Is this too optimistic? HBI looks at France-based Orpea and Korian, and talks to a market expert to find out more.
June 10, 2021

Market welcomes strong Q4 for Max, despite Covid-related revenue drop in FY21

The market welcomed a strong Q4 performance from India's second-largest for-profit hospital chain by revenue, Max Healthcare, last week. Record-breaking Q4 EBITDA appears to have offset any potential market concerns that could have arisen from reporting a drop in revenue, and a resurgence of COVID, especially around the capital.
June 3, 2021

Whistleblower and low occupancy hit Attendo

Pan-Nordic care group Attendo, which runs 350 nursing homes in Scandinavia, is struggling to recover occupancy in Sweden. The picture is better in Finland, but a scandal over the treatment of a whistle-blower in the Swedish press has damaged the groups image. 
May 21, 2021

COVID testing doubles Synlab’s Q1 revenue

Europe's largest lab group Synlab continues to see huge COVID-19 driven growth with organic revenue doubling and EBITDA quadrupling in the first quarter. 92% of that growth came from COVID-19 testing.
May 13, 2021

Interview: Marc Saillon, CEO, Almage Alzheimer Centers

The French nursing home sector has produced some of the largest consolidators in Europe, such as Orpea and Korian. But even small groups are looking at international expansion. Almage, a group with just six homes and 530 beds dedicated to Alzheimer care, plans to hit Spain in the next few months and is looking at other European markets. Marc Saillon, the CEO of Almage Alzheimer Centers, also tells us that the group has expanded into consultancy in China.
May 13, 2021

No private healthcare bounce back yet

Admissions to private hospitals in the UK are still well below pre-pandemic levels with activity in January and February down on last year. The expected demand boost for private healthcare due to NHS waiting list pressures is yet to materialise. 
May 7, 2021
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