News About Hospitals

 

“The future of hospitals is not hospitals”

CEOs and executives of four of EMEA's eight largest private hospital groups - including three of the top four - and India's most ambitious consolidator discussed the prospects of the hospital sector internationally at HBI 2019 - highlighting the differences in their approaches to growth.

Wafer-thin health care service profits at Bupa

Why did Bupa, the international health insurer which is also one of the largest health care service players outside of the USA, announce its 2018 results so quietly that HBI isn't aware of any UK daily reporting them this year? The figures show that Bupa's £3.37bn of revenue from nursing homes, hospitals, dentistry and primary care across a dozen countries, barely made money. Could this be down to its interesting governance structure?

Could the Netherlands ever de-privatise healthcare?

Some insurers and operators in the country feel that the position of private companies is increasingly under threat – and ultimately that the Dutch system might even be de-privatised. How realistic is this? We speak to a Dutch insurer to find out more.

South African government to outsource more electives

The South African government is taking a more private sector-friendly approach and should start utilising existing private sector capacity for elective surgeries in the next 1-2 years, according to a local operator.

Investor plans pan-African hospital chain

HBI hears of plans to build a substantial pan-African private hospital chain with an announcement expected as early as 2019. It would be the first investor to attempt this since now-defunct private equity firm Abraaj.

Radiant – Max merger close to completion

South African-based healthcare operator Life Healthcare is expected to exit India-based Max Healthcare in the next 30 days, as the latter completes its merger with KKR-backed Indian hospital management company Radiant Life Care. HBI talks to a source close to the company to find out more.

Indian operators looking for ways to make UHC pay

Many of the largest Indian operators are shying away from opting-in to India’s nascent foray into UHC for its poorest residents, for fear of losing too many of their private beds to the system.

European Medical Center IPO still going ahead

Moscow hospital group European Medical Center (EMC) still plans to IPO in around a year and is likely to list more than competitor MD Medical's 35% free float, we are told, while minority owner Baring Vostok will not completely exit.

San Donato set to move into Russia

Italy's largest hospital group is "in the middle of acquiring" a hospital-based asset in the east of Russia - its first acquisition in the country.

Big South African hospital groups look to affordable care for masses

The new(ish) CEOs of Life and Mediclinic are keen to engage beyond their traditional elite markets of around 9m people. We look at new affordable models and where they could be exported beyond the rainbow nation. Both Life's Shrey Viranna and Mediclinic's Ronnie Van Der Merwe were at HBI 2019.

Ameos withdraws from Sana clinics acquisition – for now

Ameos, Germany’s largest provider of residential psychiatry by revenue, was set to finalise the acquisition of four Sana clinics today (Thursday, April4) but the deal has been postponed. We ask a Berlin-based analyst following the deal whether this would be a good deal for the company, and what lies in store for the seller.

Is Sana expanding out of Germany?

Germany's third-largest hospital group Sana Kliniken's recent tie-up with Switzerland's largest hospital group points to international expansion plans, says a well-placed advisor in Germany.

Manipal shows ambition amidst glut of Indian hospital exits

Indian hospital group Manipal Hospitals will soon have financial backing from three of the world's largest investors, with its chairman citing ambitious growth plans after failing to acquire Fortis last summer. A handful of smaller hospital groups across the country are likely to trade soon. Private equity group Blackstone looks set to invest $450m in […]

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