Short-staffed private hospitals in Malaysia are assisting public providers in the fight against Covid, by taking swathes of additional patients from public hospitals for capped fees.
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.
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.
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 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.
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.
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.
Worries of an oxygen shortage in South Africa and concerns about the Delta variant of Covid-19 might lead to operators stockpiling O2 tanks, and has led to them increasing storage tank capacity. HBI talks to a South Africa-based for-profit hospital operator to find out more.
Ramsay Health Care’s takeover of UK competitor Spire Healthcare is looking increasingly unlikely as the share price trades well below the new offer price and its rebel shareholders press on with their derail attempt. It’s been a busy week for Toscafund, which has also sold a controlling stake in Circle-BMI to an American provider.
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