Paras Health expected to file for USD 120 million IPO

Northern India-based hospital chain Paras Health is set to file a Draft Red Herring Prospectus (DRHP), or offer document, with the Securities and Exchange Board of India (SEBI) by the end of June for an initial public offering (IPO) worth INR 1000-1200 crore, or ~USD 120-144 million, according to India’s The Economic Times. The IPO […]

NMC Health considering sale and IPO

NMC Health, the UAE’s largest private healthcare provider, has appointed investment bank Rothschild to advise on options for its shareholders. The options under consideration include a sale and an IPO. The company was previously listed on the London Stock Exchange before it was placed into administration in 2020.

HBI News Round Up, 7th June 2024

In this HBI News Round Up, we look at the recent UK cyberattack that disrupted healthcare services at hospitals and GP clinics, Sweden's 'Care Recovery Plan', the plans for the Swedish island of Gotland propose the region become a pilot area for state intervention and Australia's five-year deal with pharmacists. 

DrDoctor partners with MBI to tackle waiting lists with AI

UK-based health tech companies DrDoctor and MBI Health have partnered to help hospitals better manage their elective care waiting lists. DrDoctor’s founder Tom Whicher explained to us how MBI’s patient stratification tools will help in the work they are doing aimed at transforming the way patients interact with secondary care and easing healthcare shortages.

India’s journey from a nurse-surplus country to nurse-deficient country

The world is facing a major healthcare workforce crisis. The effects of shortages are already being felt across both developed and developing countries. By 2030, the World Health Organisation (WHO) predicts a shortage of 10 million health workers globally, predominantly in low and lower-middle-income countries.

Will Germany’s hospital reform fix the sector’s problems?

Two weeks ago Germany’s cabinet government approved Health Minister Karl Lauterbach’s hospital reform. The current watered-down reform’s key feature is a proposal to move the sector’s reimbursement model away from fee-per-service payments, purportedly to reduce the incentive to overtreat. However, experts tell us the real motivation is still to shut down smaller unspecialised hospitals. Will it succeed in doing so?

Junior doctors to strike days ahead of UK election

Junior doctors in England have announced a new round of strikes as their pay dispute with the government continues unresolved. The British Medical Association (BMA), the UK’s trade union for doctors, confirmed that junior doctors will stage a full walkout from 7am on June 27, 2024, to 7am on July 2, 2024.

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