Laboratory Services

How have Europe’s top 5 labs groups’ revenues evolved since 2019?

Labs groups saw huge revenue increases in 2020 and 2021, as they made the most of the Covid testing windfall. But in 2022 Covid testing began winding down and the revenue of major labs groups began returning to their pre-Covid trajectories.

April 5, 2024

Ribera Salud improves EBITDA margins, contrary to reports

Contrary to reports in the Spanish media suggesting it is less profitable, Spanish healthcare group Ribera Salud’s president Alberto de Rosa tells HBI profits at the group are up.

March 1, 2024

The London Clinic opens rapid diagnostics clinic

The London Clinic, a large private hospital in London, is opening a new diagnostics centre just across from its main site in Harley Street, London, to deliver fast diagnostics services to patients wanting to skip NHS queues.

February 15, 2024

Interview: Alberto de Rosa, President of Ribera Salud

Have public-private partnerships had their day? Who better to answer this than Alberto de Rosa, president of Spanish hospital group Ribera Salud which was forced to pivot away from PPPs to fight off political opposition, and meet the demands of a shifting Spanish healthcare environment. HBI asks him how the model, in any form, might survive.

January 25, 2024

Billionaire activist investor takes stake in Synlab as Cinven’s offer period ends

Billionaire activist investor Paul Singer has acquired a minority stake in pan-European diagnostic labs group Synlab, just before the deadline for shareholders to decide whether they want to sell to PE firm Cinven, which is trying to take the group private. Singer appears to agree with Synlab's board that Cinven's €10-per-share offer doesn't reflect the true long-term value of the company.

November 24, 2023

Jefferies: M&A climate to improve, but lack of funding the biggest threat

Multinational investment bank and financial services company Jefferies published its 2023 Healthcare Temperature Check report this week, to coincide with its healthcare conference which ran between Tuesday and Thursday this week.

November 17, 2023

Saudi focus on “value health” will change the way for-profits are paid

Value health is a key proposition in the Saudi 2030 transformation plan. But previous attempts in other markets have met with questionable results. What exactly does value health mean in this burgeoning market - and how is this set to change payor-operator contracts?

November 17, 2023

Clock ticking on Cinven’s offer as Synlab management sits on the fence

Multinational labs group Synlab has left it up to shareholders to make up their own mind about whether to sell their shares to UK PE firm Cinven. Cinven has already secured 79% of the shares, but remaining shareholders have until November 20 to decide whether to accept Cinven's €10-per-share public acquisition offer.

November 10, 2023

Workforce woes beckon in a winter of discontent

Winter is coming, and for the health care sector the end of the year could see a weary workforce and soaring costs push some groups to breaking point. HBI speaks to a selection of operators, analysts and advisers to understand how groups are planning for the potentially difficult months ahead.

November 3, 2023

UK Health Minister looks for further collaboration with independent sector

The UK's Secretary of State for Health and Social Care has told for-profit operators collaborations between the NHS and private players have paved the way for them to have an increased role going forward - and that patients will be given greater opportunity to be referred to independent sector providers.

November 3, 2023

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