Europa Stream

 

Is Circle BMI for sale or not?

The sale of UK hospital group Circle BMI rolls on - or does it? US care company Centene announced its intention to divest its foreign assets in December and has successfully sold its Spanish and central European subsidiary.  HBI now understands from a source close to the company that the sale of Circle BMI is not currently on the cards. Why?

UK dental deal set for green light from competition authority

The done deal between NHS-focussed UK dental group Rodericks Dental and its target, UK rival Dental Partners from London-based private equity August Equity, looks set to be rubber stamped after an investigation by the UK Competition and Markets Authority (CMA).

Spire’s self-pay revenue rockets

The H1 results for Spire Healthcare, the listed UK-based hospital group, shows the UK continues to be a fertile market for self-pay.

Germany’s fascinating ventilator market

"In the UK these people would probably get palliative care," says Prof Michael Isfort at the Deutsches Institut für angewandte Pflegeforschung. He is talking about the German ventilation market. An operator reckons there are 25,000 patients on intensive care for respiration, many of whom are on ventilators. That compares to 4,000 patients on ventilators in the UK at the height of Covid. Most German patients are in the outpatient sector and some are in for-profit centres run by private equity-backed businesses. Statutory insurers are trying to cut costs after a new law IPReG (Intensive Care and Rehabilitation Strengthening Act) was passed in October 2021.  Meanwhile, Opseo, one of the three big players may sell this autumn for a price tag of €1bn.

Orpea to pay France €25.7m

French multinational care group Orpea has agreed to pay back €25.7m of the €55.8m which the French government says it is owed. The company has also decided to sell €2bn of property.  Its shares continue to bounce around €20-25, down from over €100 pre-scandal.

Recchi replaced at Affidea

Giuseppe Recchi is stepping down as CEO of Affidea, Europe’s largest imaging company. The new CEO will continue the company’s ambition to expand into more European markets.

German nursing homes: safe as houses?

For many years investors have piled into German nursing homes attracted by the long-term care insurance payment model which guarantees future budgets. But the current wave of inflation may swamp many operators.

NHS wage rise to cut tech budgets

The UK’s NHS technology budgets are being cut to fund £1.8bn worth of cost of living-fuelled wage increases, a consultant has told HBI.

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