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Universal health coverage and private health care: Friends or foes?

Universal Health Coverage is now explicitly targeted by the third sustainable development goal set out by the United Nations. Increasingly, governments around the world want to offer it to their citizenry. Where the capacity will come from is less certain. In this report, Healthcare Nova asks experts at the forefront of UHC schemes from India to Mexico, where UHC is today and what role the private sector should play in extending healthcare access to the poor?
July 13, 2016

Puzzles in Aster DM’s red herring prospectus

Middle East and Indian hospitals to pharmacy chain Aster DM’s red herring IPO prospectus begs as many questions as it answers. Why is EBITDA so low? Will its founder escape criminal charges? Why does it not include full financial year data? So how can it be worth 16,000 crores (an eye watering $2.4bn), that is more than Narayana and Fortis put together?
July 6, 2016

Low-cost Indian ophthalmology chains expand

Two low-cost Indian ophthalmology chains are looking to expand. Based in central India, Eye-Q is opening five new facilities in the province of Maharashtra before going to Nigeria, while smaller group Dishtri aims to grow in the southern state of Karnataka.
July 4, 2016

NMC to enter India

India continues to draw Gulf hospital groups, as NMC looks set to follow in Aster DM and VPS Healthcare’s footsteps by buying Sunshine Hospitals of Hyderabad. The Emiratis will pay INR 4bn (US$60m) for a 65% stake in a group with around 500 beds that made EBITDA of INR 33.2m (US$0.5m) on sales of INR 1,572m (US$23.7m), in the financial year ending March 2015.
June 27, 2016

Apollo gets a foot in China

Indian hospital operator Apollo has signed a Memorandum of Understanding (MoU) with development firm Hainan Ecological Smart City Group (HESCG) to create a large healthcare facility, which includes both a hospital and medical college, in Hainan province.
June 22, 2016

FREE BLOG Uberising emergency services

It is interesting to find that one of the healthcare web apps most highly rated by Nicolaus Henke, who heads up McKinsey’s Analytics team and is a head of healthcare is Murgency, an app developed in California and launched in India as the world’s first emergency response app. Founder Shaffi Mather claims it has relevance to Europe and the USA as well, where call out times in remote areas can easily be 50-60 minutes and cost a small fortune.
June 21, 2016

Al Borg attracts interest

Three Gulf-based private equity firms are reportedly interested in buying a minority stake in Al Borg Medical Laboratories, the largest player in Saudi Arabia. We report on Al Borg’s expansion plans.
June 9, 2016

Aster DM expands hospital and pharmacy networks

UAE-based Aster DM is to open two 100-bed hospitals in the emirates of Sharjah and Dubai over the next three months –as part of $100m investment. Each hospital cost between $40m (AED150m) to $54m (AED200m). The group is also planning to build four other hospitals in the next two years.
June 3, 2016
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