Europa Stream

 

Cigna sells Medicare business for $3.3bn

Last week, US health insurer giant Cigna finally offloaded its Medicare business - which manages government-back health insurance for over 65s - to insurer Health Care Service Corp (HCSC); the $3.3bn cash deal finally putting industry rumours of a megadeal with rival insurer Humana to bed.

Voyage Care names new CEO

A new CEO for Voyage Care - the UK’s largest provider of support for people with learning disabilities by revenue - has been named. The successor is current CCO at UK nursing home operator HC-One, Mike McKessar, who will assume the position early this summer.

Affidea buys again in Romania, targets further expansion

Pan-European diagnostics group Affidea continues to consolidate Romania's diagnostics market with the acquisition of another three imaging clinics in the north of the country. It now has 53 clinics across Romania.

EU states approve AI Act

In December, European policymakers gathered in Brussels to hash out the first framework for AI regulation. Despite threats to derail it, all 27 EU member states have now given it a collective thumbs up - but concerns around overregulation, bureaucracy, and the stifling of innovation remain. 

PureHealth continues investment streak

UAE-based healthcare group PureHealth has acquired of a 25% stake in Sheik Shakhbout Medical City (SSMC), continuing its streak of recent expansions.

Clariane sells in the Netherlands

French nursing home operator Clariane (formerly Korian) is selling half of its stake in its joint venture with European real estate investor Aedfica. The sale of the real estate for six Dutch homes for €25m follows Clariane’s plans to reduce its debt and also mirrors rival operator Orpea’s attempts to pull back from the country.

UK pharmacists given green light to prescribe as primary care can’t cope

Pharmacists in the UK now have the right to prescribe for common ailments such as sore throats and earaches. In France, Ireland and Portugal pharmacists also have some prescribing rights and similar initiatives may be introduced in other European countries in the near future. Is this a solution to the GP workforce shortage? And will it be a good thing for private hospital and private primary care groups?

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