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Hospitals

 

Kuwait sovereign fund in for Almaviva

Wren House, the investment subsidiary owned by the Kuwait Sovereign Fund, is about to buy French hospital group Almaviva Santé from Antin, reports say. 

Spire takeover scuppered by revolting investors

The proposed takeover of UK-based hospital chain Spire is now off the cards, as global Australia-based group Ramsay failed to rouse sufficient shareholder support for the deal, falling short of the 75% minimum threshold (by value) it needed for approval.

Payor reforms re-shape Kuwait’s private hospital market

Kuwait's private hospital market is undergoing a seismic change. Private insurance for local retirees, rolled out in late 2016, now accounts for a third of sales while in 2019/20 the government launched a PPP to move blue-collar foreign nationals out of the public system.

EMC shares priced at low end

Russian hospital operator EMC will go public at a 2020 EBITDA/enterprise value ratio of 11x after the group set its pricing at the bottom of the indicative range. The group has also revealed that Igor Shilov will remain the majority shareholder.

Abu Dhabi signs Israeli MoUs for population health

Abu Dhabi will work with Israel's largest payor-provider Clalit and its largest hospital Sheba Medical Centre in two separate MoUs that promise to work on population health management, genome sequencing and digital health services.

Germany’s for-profit hospitals continue crash

Four in ten of Germany's for-profit hospitals ran a deficit in 2020, up from one in ten the year before. The survey of Germany's 600 largest hospitals paints a grim outlook across the for-profit, non-profit and public sectors alike, as half expect liquidity and further sales crashes through the next year.

Huge PPPs pile up for waiting lists

HBI unpicks where the private sector is winning contracts to help manage sky-high backlogs. Nearly £30bn is up for grabs in elective care, oncology and diagnostics. 

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