Potential winners of Germany's upcoming elections are pledging to abolish private medical insurance (PKV). The move could spell disaster for the whole healthcare sector: it accounts for 37% of all expenditure.
European countries will spend about €50bn on healthcare infrastructure spending thanks to loans and grants from the EU. However, we are months down the line and it's still not clear how the for-profit will benefit. Some operators are also worried that a flood of public sector capex spending will make them less competitive.
The Swedish government proposed a new budget totalling €7.3bn (SEK74bn) to the parliament, Riksdag, on Monday (September 20). Roughly SEK2.5bn (€247m) is being allocated to elderly care to help the sector recover from COVID. Despite improvements, HBI hears lack of level-playing field between municipalities remains a real struggle.
Ambea and Nordlandia are the only major Nordic groups still operating for-profit care homes in Norway, and although neither group has current plans to leave, we hear that future prospects for the sector do not look good.
Laura Magahy, executive director of the office charged with brining in Sláintecare - the blueprint for the future of healthcare in Ireland - resigned last week. So too did the chairman, Tom Keane. The Irish government has re-affirmed its commitment to the reforms which could have a significant effect on the way for-profit businesses operate in the country, but others say the process is “in the balance.” HBI talks to a local consultant to find out more.
Politics has finally ended Portugal's public-private partnership (PPP) hospital experiment. Just one operator, Ribera Salud, bid for the renewal of the final contract rendering the competition process invalid. By the end of the year, all four of the once-privately managed hospitals will likely return to the public sphere.
On Tuesday, September 7, Prime Minister Boris Johnson and his UK government announced a new health and social care tax to fund both the NHS and social care. While it is hard for operators to be ungrateful for extra funding in social care, many are asking whether the plan goes far enough. HBI talks to market experts to find out more.