Europa Stream

 

Optegra sale on hold

HBI understands from multiple sources that the sale of UK-based ophthalmology group Optegra is on hold. Click here to read more about Optegra, here to see a list of the largest ophthalmology groups in the UK and here to read our cross-national report on the sector in HBI Intelligence. Owned by Western European investment group H2 Equity Partners which acquired […]

Orpea pledges to pay in full as restructuring rumours continue

French elderly care giant Orpea continues to hit the headlines for all the wrong reasons. Over the last week, dozens of facilities were raided by the French authorities, talk continues to be rife about restructuring and potential exits, and contrary to previous assertions HBI understands the group now intends to pay back the full €56m owed to the state.

Bill Gates-backed Evercare sells Kenyan hospital stake

US PE Evercare Health Fund has sold its 1bn Kenyan shilling (€7.8m) stake in the Metropolitan and Ladnan hospitals in Nairobi. The PE fund is owned by the Bill & Melinda Gates Foundation and the International Finance Corporation (IFC).

Amazon launches telehealth platform

Amazon has launched its own telehealth platform, Amazon Clinic, on which patients can connect with health care providers in their area and book appointments.

Economy makes Fresenius breakup unlikely

Speculation persists over the break-up of bloated conglomerate Fresenius by new CEO Michael Sen, but HBI hears that looks increasingly unlikely given the current economic climate. So, what are Sen's options? HBI talks to a well-placed investment banker to find out more.

Scanmed buys Ars Medical

Polish multi-specialty healthcare company Scanmed has bought Polish oncology firm Ars Medical.

Babylon CEO admits to stock market disaster

Ali Parsa, the charismatic healthcare entrepreneur who founded digital health company Babylon Health, has branded the company’s stock market performance an “unbelievable, unmitigated disaster” in an interview with the Financial Times.

Is Orpea’s bold plan enough to save the business?

Plagued with well documented allegations and investigations, and saddled with €9bn+ debt, on Tuesday Orpea presented its plan for recovery to the creditors who last month gave it just four months to clean up its finances. Has it done enough? We speak to a range of market experts to find out if it can weather the storm. 

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