India

 

FREE BLOG Emerging markets may have an AI advantage

‘Moore’s Law’ suggests that the number of transistors on a microchip doubles about every two years, while the cost of computers halves. It's an old observation, but the idea that computing power tends to increase exponentially over time still resonates. Today the idea is most frequently applied to artificial intelligence, and with rapidly advancing developments in generative AI, 2024 is poised to become one of the most transformative years on record.

Max Healthcare expands footprint in India

Indian hospital group Max Healthcare is expanding its footprint through a 100% stake acquisition in the Starlit Medical Centre for RS 940 crore ($112.8m). The acquisition gives Max full ownership of the 17-storey, 550-bed Sahara Hospital - located in the city of Lucknow - on a slump-sale basis.

UK tightens foreign recruitment visas

This week, the UK’s Home Secretary James Cleverly announced government plans to tighten health and care worker visas. HBI speaks to a global workforce expert to understand what this attempt to prioritise ‘British talent first’ will mean for operators already facing a workforce crisis.

What’s next for Aster DM?

A GCC expert tells HBI the next step for Aster DM’s GCC division is to expand in Saudi Arabia – but not how you might expect!

Aster DM sells majority stake in Gulf business for $1bn

Dubai-based listed hospital and pharmacy chain Aster DM is selling a majority 65% stake in its Gulf business for a shade over $1bn to a consortium led by PE investor Fajr Capital. HBI investigates the thinking behind the deal, what this means for the group's expansion plans, and looks at the future of the GCC market generally with the help of expert commentary. 

Ramsay Sime Darby sold to Columbia Asia for US$1.3bn

Multinational Asian hospital chain Columbia Asia is buying Ramsay Sime Darby, a rival SE Asian hospital chain, for US$1.3bn. This marks Australian hospital group Ramsay's exit from SE Asia, as well as Malaysian trading and logistics company Sime Darby Berhad's exit from health care.

Blackstone buys CARE Hospitals and KIMS Health

Global private equity firm Blackstone has entered the Indian hospital market with two big acquisitions. It is acquiring a 75% stake in Hyderbad-based CARE Hospitals. In a separate deal, CARE is buying a majority stake in rival group KIMS Health. The plan is to merge the two groups and create one of India's largest hospital chains. 

Bankruptcies, closures, and scandals: the bleak state of European nursing homes

Across Europe, nursing homes are in crisis. Between scandals in France, insolvencies in Germany, the threat of regulation in Spain, and fair fee woes in the UK, HBI hears that the nursing home sector is the least attractive healthcare services sector for investors. Are things really that bad - and is the threat of mass bankruptcies real?

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