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Hospitals

 

Circle Health sponsors work visas for Ukrainian refugees fleeing war

For-profit UK hospital groups are working on their responses to the humanitarian crisis in Ukraine. Circle Health is to sponsor up to 500 work visas for Ukrainian refugees across its 54 sites in the UK. We find out more about the plan, and approach other large providers in the UK to find out what they are doing.

IHH Healthcare shows growth

Malaysia and Singapore based Asia-focussed IHH Healthcare’s 2021 results show dynamic growth. Turkish groups are being impacted by the depreciation of the lira, but while revenue from domestic patients in Turkish subsidiary Acibadem shrank between 2017 and 2020, it grew in 2021, up 16.9% year-on-year.

Merger set to create €2bn revenue German hospital giant

Two of Germany’s largest not-for-profit hospitals are set to merge and form a chain to rival the likes of Helios, Sana Kliniken and Asklepios. Should these large for-profits be worried? HBI speaks with Dr Günter Merschbächer, Managing Director at one of the groups, not-for-profit Marienhaus, to find out more.

Interview: Dagmar Dvorakova, CEO and Prof. Dr. Roland Staudinger, managing director, Aquilia Health Group

Smart reha, medical malls, how to best deploy new medtech, Fresenius Vamed veterans both, Dagmar and Roland are full of ideas on how to best build and run health care service models from acute hospitals to rehab and outpatient. Two and a half years ago they quit the mothership to set up Aquila which now employs 45 and runs projects in China, SE Asia, Austria, Germany and the Czech Rep.

UK self-pay “almost doubles” to a potential 15m

The self-pay market in the UK is growing much faster than other parts of the private sector. Justin Ash, CEO of the UK’s second largest for-profit hospital group, Spire Healthcare, tells us it almost doubled to 15m people in the past two years, and will only continue to grow in the face of the NHS backlog.

Covid disruptions reduce Ramsay profits by 30%

Australian multi-national hospital group Ramsay saw steady sales but sharply decreasing earnings in the last six months of 2021. The company says this was due to Covid disruptions, whilst underlying demand for healthcare services remains strong.

Health care tourism market recovering fast in Thailand

Thai healthcare tourism is set to recover in 2022, after the dive caused by the restrictions in international traffic caused by the COVID pandemic, say analysts. We look at the results for listed hospital group Bumrungrad, which has built its business on medical tourism and cares for over 1.1m patients a year from 190 countries, and talk to Kasem Prunratanmala, Head of Equity Research at Principal Malaysia Titans Plus Fund.

Brazil, the only way is vertical!

Payor/provider vertical integration is the most successful strategy in Brazil according to our experts. 2022 February finally saw the merger of the two Brazilian giants of vertical integration, Grupo Notredame Intermédica (GNDI) is now a wholly owned subsidiary of Hapvida. Together they became the second largest health care company in the southern hemisphere and currently have a market cap of US$17.2bn and approximately 17% of the Healthcare Plan insurance market, according to experts.

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