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Attendo IPOs and aims to create Europe’s largest elderly care group by 2025

As forecast here, Attendo, the largest Pan-Nordic chain is to IPO on Nasdaq Stockholm, creating a group with a market cap of at least €861m (SEK8bn) at the end of November 2015. Henrik Borelius, CEO of Attendo, told Healthcare Europa that accessing more capital will allow Attendo to strengthen its position in the Nordics. The group aims to become the largest private care home group in Europe by 2025.

Doctolib plans Pan-Euro expansion

Slick B2C medical booking system Doctolib plans to expand out of France in 2016-17. In 18 months the start up has grown to over 100 staff, signed up 5,000 doctors and dentists and claims 2m patient visits a month. But how easy is to build a Pan-European platform?

Newly branded Avivo Group plans $300m expansion across five Gulf countries and 2017 London IPO

Pan-Gulf expansion could be the new business model for big private operators. We talk to Amitava Ghosal, the CEO of Avivo, the new name for Healthcare Mena, the operator backed by private equity house Al Masah Capital about his plans. He wants to expand out of the UAE and Kuwait and into Qatar, Oman and Saudi Arabia with a specialist outpatient clinic chain. Future steps include hospitals and SE Asia.

Report: Healthcare Europa Property Survey 2015

There is intense investor interest in healthcare services property across Europe. Fund manager Marc Phillip Martins-Kuenzel, at German real estate investor Corpus Sireo claims that he had 400 approaches from prospective buyers in a single year. This reflects the global search for high yielding investments. But healthcare property also carries risks. Some sectors such as the French hospital market, where major deals have been done, look risky as the government cuts tariffs. And the sector remains opaque and poorly segmented. There are plenty of traps for the unwary. It is also far from clear how much new capacity will come on stream for investors over the next decade. Here we look at whether and when the boom will go bust. First, we run through the headlines and what has happened to prices. We then go on to look at supply and demand. Other articles profile the main US and European property investors and the main national markets.

Report: All listed healthcare service companies active in Emerging Markets

Here we present the first comprehensive list of all 57 quoted healthcare service companies which are active in Emerging Markets. The list includes companies headquartered in the Developed World, who have interests in Emerging Markets, such as Air Liquide, Fresenius or Ramsay Health Care, as well as quoted operators from the region, such as IHH, Apollo or Integrated Diagnostic Holdings. It covers everyone from Chilean hospitals to Egyptian lab operators and from NYSE quoted operators in China to big groups in Malaysia and Indonesia.

Pihlajalinna launches more JVs after IPO

Pihlajalinna, the Finnish healthcare and social services outfit, which recently IPOed with a market capitalisation of €255m, has struck a third joint venture with Finnish municipalities to outsource health and social services. Finland is likely to open up even more to the private sector under the current government.

UK care industry in “serious position,” says Bupa CEO

The CEO of Bupa, Stuart Fletcher, spoke of his concern for the UK care industry, after the latest half-year results revealed a 10% fall in UK profits. Sales rose 7% to £4,916m, at constant exchange rates, or 3% taken at actual exchange rates. Underlying profit before taxation hit £253.3m, an increase of 2% at constant exchange rates (CER), but a fall of 3% taken at actual exchange rates (AER).

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