Failure to share data, high cost and the adoption of unique metrics is threatening to destroy ICHOM's dream – the creation of universal quality measurements in healthcare. Healthcare Europa reports from the ICHOM 2016 conference.
Hyderabad based home healthcare player Life Circle Health Services has raised Rs1 crore ($150,000) from Groupe SOS. The subscription-based service for providing caregivers and nurses for chronically ill and bedridden patients will utilize the capital to expand its services in the Delhi region.
Cultural issues are at the forefront of the difficulties in running and investing into long-term care in emerging markets. At the Healthcare Business International 2016 conference, the CEOs of Senior Assist, Belgium’s third largest care home operator and a player in Latin America and Turkey, and TVM Capital, a private equity firm investing in rehabilitation in the Middle East, shared their views on the sector.
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.
In its comprehensive annual report on the healthcare industry in the Gulf Cooperation Council (GCC) states, private equity house Alpen Capital explores current trends. Projecting the GCC total private and public healthcare market to grow 12.1% to $71.3bn in 2020, it highlights population growth, the introduction of health insurance and rising healthcare costs as key drivers –resulting in the development of PPPs, eHealth, preventive care and long-term care.
Swedish care provider Humana is to IPO on March 22 in a listing which will value it at up to SEK3.3bn. The listing follows IPOs from Capio and Attendo in Sweden and from Pihlajalinna in Finland in 2015.
The private sector plays a key role in healthcare delivery across Africa. While the East African economies of Kenya, Uganda and Tanzania are experiencing relatively high growth, public sector healthcare facilities are sub-standard. The private sector already accounts for nearly half of total expenditure and is coming up with innovative and affordable ways to provide services. Here we look at the main groups and track trends.
Dutch nurse-led homecare group Buurtzorg has volunteered to the Ministry of Health to take over domiciliary care/medicalised homecare TSN Thuiszorg. TSN, which is the largest group in the country, is in lenders' hands due to a €400m cutback in the public-private homecare sector. Buurtzorg has committed to admit 75% of TSN's staff in exchange for a favourable €21 hourly tariff. The deal would automatically leave Buurtzorg as the market leader, but competitors tell us that that they are angry.
Author of the recently published book In Search of The Perfect Health System, Mark has got through three passports in six years as he tours the world looking at healthcare systems. We talk to him about uberisation, telehealth, innovation in elderly care and the role of private healthcare providers as governments around the world roll out statutory healthcare insurance.
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