The planned acquisition of Lusiadas Saude, Portugal's third largest hospital group, by France's third largest hospital group Vivalto Sante, will not be impacted by the €34.2m fine that has been handed to Lusiadas by Portugal's competition authority.
Insurer Bupa and the Australian branch of multinational hospital chain Ramsay have managed to reach an in-principle agreement over price increases, ensuring Bupa-insured Australians will be able to continue to receive care in Ramsay hospitals for the next three years.
The Chinese owner of social media giant Tik Tok, ByteDance, has bought a hospital chain in China which specialises in women and children’s care, for $1.5bn.
Peter Karli, the urbane owner and MD of Central and Eastern European-focussed M&A advisory firm Heal Partners KFT, expects “explosive growth in Hungary’s dynamic for-profit healthcare market". HBI chats to him to find out more.
The board of Mediclinic, the South Africa-based multinational hospital giant, have announced they have agreed acquisition terms with the consortium comprised of Remgro, the investment vehicle of the billionaire Rupert family and a long-time Mediclinic shareholder, and the Mediterranean Shipping Company (MSC). They have recommended these terms to shareholders.
Henry Dunant Hospital, Greece’s largest private hospital, is now unlikely to be sold to the public sector after a merger between its parent company Imithea and Greek healthcare services multitasker Euromedica.
Germany-based healthcare conglomerate Fresenius tells HBI it isn't currently looking to carve off parts of its business for sale, and despite mixed H1 results it sees plenty of opportunities for growth.
Ramsay Australia, the Australian branch of multinational hospital group Ramsay Health Care, is no longer contracted with insurer Bupa after the two companies failed to come to an agreement in negotiations over tariff increases. Ramsay has advised the four million Australians insured by Bupa to switch to another insurer rather than pay out-of-pocket to receive care from Ramsay hospitals and clinics from October 2.
US healthcare giant Centene confirmed it has sold its Spanish and Central European subsidiaries to French private hospital group Vivalto Santé, but has yet to find a buyer for Circle Health, the second largest UK hospital chain.
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