How would you describe a for-profit healthcare group which basically takes people away from jobs in the public sector and then hires them back to the same employers in exchange for a fat fee? How about parasitic?
Europe's largest lab groups could both sell in 2020, with Apax appointing Rothschild to explore a sale of Unilabs while Synlab's majority owner Cinven is also weighing up an exit. The sale values including debt could potentially reach €10bn combined.
Nearly a third of all private equity-owned health care businesses in Europe have been held for at least five years, according to the new HBI Deals Pipeline tool. That suggests many private equity houses are struggling to sell on their investments.
Jos Lamers, 55, the man widely seen as the architect of modern-day Unilabs is moving away from a full-time role at the Pan-European lab and imaging platform, HBI can exclusively reveal. So what lies behind the move and who succeeds him as CEO?
Regulation is key in assessing the viability of for-profit fertility markets, according to a recent report from HBI intelligence written after months of discussion with operators in EMEA. More liberal markets are almost always more attractive markets.
The Fertility Partnership (TFP) has signed an agreement with Waterland Private Equity to acquire Germany-based fertility provider Vivaneo. Nordic PE owner Impilo now has a wide base to build a truly pan-European network, and, it says a triple-digit millions of euros fertility business.
Danish ambulance provider Falck has reached a settlement to pay compensation for breaching competition rules at home. Although this has curtailed any civil proceedings, it may still be facing criminal proceedings and a fine. Looking increasingly abroad for profit in its core business, the company is buying back a 100% share in Slovakian emergency medical services firm Falck Záchranná.
Danish operators are getting to grips with new legislation which for the first time allows non-municipal entities to both run a nursing home business and own its premises. We speak to the Nordic's fourth largest nursing home provider Ambea about the change.
Investor is to complete its pullout from the health care services sector according to sources. Having flogged Aleris' primary care arm to and its care business to Ambea, we hear it now wants to sell off its hospital business in Sweden, Denmark and Norway.
Earlier this year, German hospital and psychiatric specialist Asklepios bought a Dutch platform for mental health services despite no reimbursement in place at the time. Only yesterday did the German Ministry of Health announce a draft bill for the reimbursement of digital therapy software. We speak to the CEOs of Dutch platform Karify, UK platform Xenzone as well as the CEO of French international psychiatric clinics, Clinéa, about the risks of going international.
Value health is the revolutionary idea pioneered by Harvard guru Michael Porter. He had the temerity to suggest providers should be rewarded for quality, rather than activity and that the patient should be viewed and consulted as customers. Invented in the early noughties, it hit a high water mark 7-8 years ago when Obamacare was rolled out incorporating the concept. Then it felt like an inexorable river.
Three of the Nordic's largest operators took to the stage at HBI 2019 to speak about pan-Nordic collaboration. Here's what Fredrik Gren, CEO of Ambea, Alexander Wennergren Helm, CEO of Aleris, and Yrjö Närnhinen, CEO of Terveystalo, said.
This week we calculate the ratio of elderly care beds for all citizens aged 85 and over across sixteen European countries. The resulting graphic gives a telling overview of provision and opportunities across different markets.
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.
Falck, the world’s largest emergency services group, is being reported to the police following a ruling by the Danish Competition Council that it abused its dominant position to push a rival out of the market.