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Europa Stream

 

Assura buys Northwest’s £500 million UK hospital portfolio

Primary care-focused UK REIT Assura has bought the entirety of multinational hospital-focused REIT Northwest Healthcare Properties REIT’s UK portfolio. The portfolio comprises 14 hospitals with an average of 36 beds each and is worth £500 million (~€583 million).
August 8, 2024

Interview: Duncan Leggat, Cymphony

Cymphony is a UK company that provides customer communications solutions such as telephone answering and appointment booking to private healthcare providers. In an interview with HBI, Duncan Leggat, Cymphony’s Finance Director, argued that high quality, personalised customer service is an essential part of a good healthcare service, and that, for providers focused on the premium/private-pay part of the market, the good old fashioned telephone is generally the most effective tool for achieving this.
August 8, 2024

Egypt opens door to private sector in healthcare

In May 2024, Egypt approved a law permitting private management of public hospitals, aiming to improve services. While the new law represents a potential opportunity for new investors and international operators, there are a range of factors prospective partners need to consider before entering the Egyptian healthcare market.
August 8, 2024

Period tracking app Flo reaches unicorn status

London-based Flo Health, a menstrual cycle and ovulation tracking app, has raised over $200 million in a Series C round led by General Atlantic, a New-York based private equity firm. The funding values Flo at over $1 billion, making it the “first purely digital consumer women’s health app to achieve unicorn status”, as well as the first European femtech company to.
August 2, 2024

Indian conglomerate Peerless Group invests $120 million to expand healthcare presence

Peerless Group, India's Kolkata-based diversified conglomerate, plans to invest about ₹1,000 crore (~$120 million) into its healthcare and mixed-use real estate projects over the next three years, according to a report by The Hindu Business Line on August 1. The group is working on the development of a 160-bed cancer care centre, the SK Roy Institute of Oncology Services (SRIOS), with an estimated investment of around ₹500 crore.
August 2, 2024
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