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Finland

 

CapMan sells Esperi Care stake

Finnish firm CapMan Buyout is selling its 76% stake in Finnish care provider Esperi Care to UK-based asset manager ICG. Expects more cooperation with municipalities and more acquisitions –says CEO Marja Aarnio-Isohanni.

Norlandia moves into new markets

Elderly care and child care player Norlandia is looking to expand to new markets, including north Germany and the UK, in an aggressive roll-out strategy. It says it is also considering launching elderly care platforms in Finland and the Netherlands – where it currently only operates pre-schools. We speak to CEO Hilde-Britt Mellbye.

Mediq for sale

Deutsche Bank and Evercore are seeking buyers for Mediq, the multinational medicalised homecare and direct-to-hospital distributor bought by private equity house Advent International in 2013. We look at likely buyers and at the company.

Nordics open up for property deals

A new €250m fund - rising to €500m with leverage - managed by Northern Horizon will target care homes across the Nordics. The Nordic Aged Care fund is targeting triple net yields of 5-7% and has already raised €121m from cornerstone investors including Aviva. CEO, Michael Schönach also said regulation and culture was opening up the Danish care home market.

FREE BLOG Care home markets look good in the UK and Nordic

It is striking how overlooked Northern Europe is by the big French care home consolidators. The UK is much more attractive and a lot cheaper than Spain. And investors and operators should also be looking hard at the Nordic region.

Building brands that win patients

Nordic countries are moving towards healthcare systems where money follows the patient and there's a broader range of private providers to chose from. How are operators responding to greater competition? Johan Fredriksson from Praktikertjänst and Yrjo Narhinen from Terveystelo discussed brand building and patient choice at our HBI's 2016 Breaking Barriers conference.

Esperi Care expects homecare/assisted living boom in Finland

Esperi Care, the third largest elderly care player in Finland, says it expects a boom in services-heavy assisted living for new division Saga Care. A new voucher system also introduces more choice, says Marja Aarnio-Isohanni, CEO of Esperi Care. This will expand homecare and also allow the elderly to choose between various care services.

Aino Health enters roll-out phase in Europe and the Gulf states

Finnish preventive care group Aino Health Management Oy is entering an aggressive roll-out phase by expanding in Europe and the Middle East. Already in Finland, Sweden, Germany and the UAE, it is in talks to enter Saudi Arabia as part of a $54m deal –and potentially the UK in 2017.

Report: Teleconsultation – the future of healthcare?

In the United States, teleconsultation reached sales of $100m in 2015 and is expected to hit 1m online visits this year. In Europe, things are moving much slowly. Regulations are not yet in place in most countries, payors have enormous reservations and doctors are not willing to get paid less for online consultation. But apps like Meedoc and Min Doktor in the Nordic countries are creating patient bases and insurers are starting to incorporate telehealth as a differentiator. Big private operators such as Medicover, Terveystalo and José de Mello are all deploying telehealth today.

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