Hospitals

 

A bright future for Finnish providers

Positive results from three Finnish healthcare giants indicate the market is on an exciting trajectory. Janne-Olli Järvenpää, CEO of Mehiläinen, the largest of the three groups, explains the opportunities for both outsourcing and private-pay - and how independent operators can make the most of booming demand in what may be Europe's "most advanced healthcare market in terms of private-pay".

KPJ to focus on Malaysia and exit other markets

Listed Malaysian hospital group KPJ Healthcare is selling non-core assets it holds outside of Malaysia to focus on its Malaysian hospital segment. It has already fully exited Indonesia and plans to fully exit Australia within the next two years, and may also exit Bangladesh. It still has a hospital in Thailand which it has no plans to sell, as it is focused on medical tourism - a key part of the company's strategy going forward. The company reported strong results for 2023, with revenue up 19% and core net profit up 61%.

German hospital sector turmoil may ultimately benefit for-profits

For-profit hospital groups in Germany are not immune to the cost pressures which are causing many public hospitals to become insolvent. But the CEO of Germany’s fourth largest group, Ameos, tells us the restructuring of Germany’s hospital sector is necessary, and that for-profit groups may ultimately benefit by gaining greater market share.

IHH scraps IPO plans for Indian lab

Pan-Asian hospital giant IHH Healthcare is aborting its plans to IPO its India-based indirect subsidiary Agilus Diagnostics - which was proposed in late summer last year - due to “commercial considerations”.

The London Clinic opens rapid diagnostics clinic

The London Clinic, a large private hospital in London, is opening a new diagnostics centre just across from its main site in Harley Street, London, to deliver fast diagnostics services to patients wanting to skip NHS queues.

PureHealth continues investment streak

UAE-based healthcare group PureHealth has acquired of a 25% stake in Sheik Shakhbout Medical City (SSMC), continuing its streak of recent expansions.

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