Ireland

 

HBI News Round Up, Friday 2nd August 2024

In this HBI News Round Up we cover the continued expansion of Caser Dental in Spain, the prospective sale of Hospital da Cruz Vermelha in Lisbon, European Commission approval of a Dutch proposal to support medical radioisotopes production for cancer diagnosis and treatment, US-based PE firms General Atlantic’s and KKR’s bid for Faridabad-based Asian Institute of Medical Sciences, pharma company Roche’s acquisition of Point of Care technology from LumiraDx, healthcare service provider’s MedNjoy Clinics’ expansion into London and Munich and PE firm, LDC’s investment in leading provider of diagnostic imaging equipment Medray Group.

emeis sells portfolio of three nursing homes to Healthcare Activos

One month after selling eleven nursing homes in the Netherlands to Bouwinvest, the multinational French care home giant, emeis, has announced another significant transaction. They have entered into a sale and leaseback agreement with Healthcare Activos, a Spanish healthcare real estate investor, valued at approximately €56 million.

Healthcare Activos raises new fund worth €650m

Pan-European Spanish healthcare real estate investor Healthcare Activos has launched a new investment fund worth €650 million. This is the REIT’s second fund, and will, in contrast to the first fund, be primarily focused on making investments outside of Spain and Portugal. Jorge Guarner, Activos’ President and Founder, tells us more.

Ireland’s nursing home bed availability declines, yet investment opportunities abound

A protest erupted last week in Nenagh, Ireland, as the Health Service Executive (HSE) and Department of Health decided to repurpose a newly constructed 50-bed community nursing home. Initially meant as a replacement for St Conlon's nursing home, the beds were redirected to ease overcrowding at University Hospital Limerick (UHL). While the HSE stated this aimed to boost bed capacity for 12 months, managed by a private operator until full staffing, residents and families expressed disappointment, anticipating a swift transition to the new nursing home.

New entrants could disrupt “tough” fertility market

The cost-of-living crisis is having a huge impact on fertility patients, making the sector ripe for disruption. A fertility expert tells HBI cunning new entrants will be the winners while established PE could well be the losers.

Medica CEO being replaced as he departs for GHO Capital

A new year brings a new wave of senior appointments. After four years of service at international teleradiology specialist Medica, CEO Stuart Quin is leaving to join London-based healthcare investment advisor GHO Capital as a new partner. Former Voyage Care CEO Andrew Cannon is lined up as Quin’s replacement, while mydentist executive chairman Tom Riall is Medica’s new chair.

New AI act could stifle EU innovation – but benefit the UK

After 38 hours of deliberation, a long-awaited deal has finally been reached in Brussels. HBI speaks to three market experts to understand what the AI Act - the comprehensive European framework for AI innovation and regulation - could mean for the future of healthcare in Europe.

Find Us