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Colombia’s statutory insurers on edge

Colombia's Minister of Health Alejandro Gaviria discussed the country's statutory insurance crisis at the private hospital association's 2016 ACHC Congress in Bogotá. Gaviria is wary of public subsidies to statutory insurers and rules out healthcare reform over the next couple of years. Instead, he argued, the system must draw on private funds to overcome liquidity problems.
July 7, 2016

Private equity to enter Chilean payor-provider Masvida

Latin American private equity fund Southern Cross is doing due diligence to buy a majority stake in Masvida, Chile's fourth largest health insurer with an eight-clinic provider network. The plan is to compete with Banmédica and Bupa for national coverage, starting with 400 new hospital beds in 2017. We speak to president Dr. Claudio Santander about the business and we also look at valuations.
July 4, 2016

UK healthcare faces up to Brexit

The UK has voted to leave the EU unleashing economic and political turmoil that has taken the legs out from under Sterling, ignited press hysteria and will likely see the leaders of both major parties replaced. As always, the NHS was front and centre during the campaign. But concerns for healthcare more broadly, including the private sector, are numerous. We talk to investors, operators and advisors.
July 1, 2016

Aviva and Prudential mull data share

We hear that Prudential and Aviva, the third and fourth players in the UK private medical insurance market, are planning to share their healthcare data. Our sources say that unless they can share they are at a serious disadvantage to the top two players, Bupa and Axa.
July 1, 2016

Hong Kong operators eye mainland medical tourists

Hong Kong operators are expanding to mainland China to promote their brands and bring medical tourists to Hong Kong, according to Thalia Georgiou, founder of consultancy firm Asia Care Group. We look at how Hong Kong-based Townhealth, is building dentistry and cosmetic surgery networks on the mainland, one year after Chinese insurer China Life Insurance became its largest shareholder.
June 22, 2016

Does PMI have a future in Europe?

You might have expected private medical insurance to have grown fast over the last 15 years. In fact, almost everywhere, despite the recession, apart from Eastern Europe, there has been very limited growth. In a new report Voluntary health insurance in Europe: Role and regulation, The European Observatory on Health Systems looks at the sector and its future. We summarise the 163 page report in under 1,000 words.
June 21, 2016

Dutch developer FocusCura’s heart monitoring app attracts payors

For the first time in Europe an insurer has agreed to fully reimburse app-based healthcare service, according to app designer FocusCura. Dutch patients using “hartwacht”, an app monitoring heart and cardiovascular diseases, will be fully reimbursed by insurer Zilveren Kruis. The group has developed a comprehensive platform connecting patients and carers – claiming a 26% drop in emergency admission rates.
June 13, 2016

Discovery to trial PROMs

The South African medical scheme, or private health insurer, Discovery Health, is interested in outcomes measurement and will soon trial patient reported outcomes measurements (PROMS) in collaboration with the provider Intercare, says Darren Sweidan, head of the Health Professional Unit. This is the one of the first such schemes in the country, as outcomes measurement has been stymied by a fragmented system and resistance by clinicians, he claims.
June 10, 2016

Ping An Doctor app to bridge payer-provider gap in China

One year after its launch, Chinese insurer Ping An’s comprehensive ‘Doctor’ app raised $500m in a series A funding round. The app allows its users to access real-time consultations and health management services –becoming the most popular platform in a saturated digital market. We look at Ping An’s strategy to bridge the payer-provider gap.
June 3, 2016

Private insurers in East Asia: Between a rock and a hard place

Private medical insurers face colossal problems in China, India and across South East Asia. At this month’s Asia Healthcare Summit in Singapore, they were better at describing the challenges of culture, fraud and overtreatment than they were at coming up with solutions.
June 3, 2016
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