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UK care industry in “serious position,” says Bupa CEO

The CEO of Bupa, Stuart Fletcher, spoke of his concern for the UK care industry, after the latest half-year results revealed a 10% fall in UK profits. Sales rose 7% to £4,916m, at constant exchange rates, or 3% taken at actual exchange rates. Underlying profit before taxation hit £253.3m, an increase of 2% at constant exchange rates (CER), but a fall of 3% taken at actual exchange rates (AER).

Opportunities in Croatia

Where are the opportunities for private healthcare in Croatia? We profile the sector and talk to Jasna Omeragic Resic, vice president of strategy and business development, at the largest imaging service operator in Central and Eastern Europe, affidea.

New hospital heralds launch of PMI in Hungary

A big new outpatient centre has just opened in Hungary  with the promise of “the first private medical insurance policy for Hungarians at cut price rates. A 150 bed hospital will follow shortly. Joseph Priel, the president of Euromedic International, the largest Hungarian medtech distributor,is behind the new 3,500 square metre clinic, boasting two operating […]

Report: Bulgarian Healthcare Market – A private cure for a public problem

Bulgaria is the poorest and most corrupt country in the European Union. It also has a surprisingly large private hospital sector. As in Turkey and Finland, patients are free to use their National Health Insurance Funds to partly pay for private treatment. The public sector appears to be in terminal retreat. Here we profile the top ten players and talk to several CEOs on why and where they see expansion.

Interview: Stefan Larsson, Senior Partner, BCG

Worldwide, Stefan Larsson foresees a strong move in healthcare away from fee for service, in which quality is not measured and rewarded, to a system which measures and rewards outcomes. He thinks that model will apply across acute, elderly and chronic care. But how real is the shift? Here we talk to Larsson about examples of operators who have seen significant growth and about how payors are about to shift away from DRGs. He is a Co-founder of the International Consortium for Health Outcomes Measurement (ICHOM), a not-for-profit devoted to the development of global standards for measurement of health outcomes that matter to patients.

The PMI sector needs to grow say healthcare industry experts

Industry leaders at the UK Private Healthcare Summit 2015 said hospitals should work in closer collaboration with insurance companies. However, there has been no growth in the PMI sector in 2014. Insurers such as Bupa are trying to find new ways to sell premiums.

FREE BLOG China opens up more to private healthcare

Reuters has reported that China’s main administrative authority will allow patients to claim on medical insurance for visits to private hospitals. This follows a separate May 6 decision of the State Council to give tax breaks worth up to RMB 2,400 ($387) to individuals who take out private medical insurance. So what does this do for private sector prospects?

Report: Private health insurance to grow at 15% in Emerging Asia

A new report by reinsurer SwissRe lauds the potential of private health insurance (PHI) to transform healthcare in Emerging Markets. Medical insurance premiums are expected to grow at 10% per annum between 2013-2020, double the pace of emerging market GDP growth and triple global health insurance growth. We spoke to the author Clarence Wong, chief economist for Asia at SwissRe.

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