News About Laboratory Services

 

Outsourcing boosts Sonic’s growth

Australian lab group Sonic Healthcare has seen outsourcing boost its organic growth in both the UK and Swiss markets, adding that it has acquisitions lined up in the €1bn German anatomical pathology market. Commentators say the company is the true consolidator of the German market. The group saw its strongest European growth in the UK […]

Regina Maria buys in Northern Romania

Romanian healthcare group Regina Maria, the second-largest for-profit health care group in the country by revenue, has acquired a clinic in the North as part of an active growth strategy before a likely sale next month, September 2019, by Mid Europa. We speak to a local consultant about the move.

Interview: Peter Graf, CEO, Tiohundra

Uniquely, we think in Europe, Tiohundra, an organisation serving a municipality of 62,000, has fully merged social care and health care delivery. Social care (elderly care, disabled care, homecare, psychiatry) and health care (hospitals and primary care) – have been melded in to a single organisation. So what are the learnings? And are we going […]

Share prices plummet at prospect of health insurance ‘ban’ in South Africa

Shares in South Africa's biggest health insurer have plunged 20% since the publication of a new NHI bill which proposes 'banning' health insurance for the vast majority of healthcare funding. Private hospital share values have also taken a nose-dive. HBI speaks to Discovery's CEO and assesses who else might be hit by the changes.

Ex-Abraaj health fund’s greenfield projects finally coming online

The Evercare Health Fund, formerly Abraaj's Growth Markets Health Fund (AGHF) before the PE firm's fall from grace and now managed by TPG, is finally starting to deliver on its big greenfield projects in the most difficult emerging markets, with the Pakistan hospital recently opened and the Lagos, Nigeria, facility expected in Q2 2020. We talk to a source close to Evercare about the Lahore hospital, the whole platform today and the strategy going forward.

Japan: Overview of health and care system and LT care insurance

Japan has a large and thriving for-profit elderly care sector and leads the world with its long-term insurance policy that is mandatory for everyone over 40.  We talk to Matt McEnany, a manager at the Japanese think tank Health and Global Policy Institute about the Japanese care and hospital sectors, the direction of reform, the market share of the top five for-profit groups in care and plans to export the Japanese model.

Dasa opens largest genetic testing centre in LATAM

Brazil's biggest lab company Dasa has said it expects its genetic testing subsidiary to be worth more than its core routine testing business within ten years as it opens LATAM's "largest" sequencing facility.

Sonic divests ‘non-core’ asset

Pan-European lab provider Sonic Healthcare has divested its majority ownership of a Hamburg-based lab automation company, GLP Systems.

LUX MED buys rival

Poland's largest private healthcare provider LUX MED has acquired a Warsaw-based competitor comprising two hospitals and a diagnostic centre.

The race to genetic testing in Africa

Pan-European lab company Synlab is launching a 'wellness centre' in Nigeria three months after doors opened on a similar facility in Madrid.

PE-owned labs refinance

Two German PE-backed lab groups have taken on new long-term loans in the past couple of months, HBI explores. 

NHS Trust launches B2C blood tests

An NHS England Trust has launched a not-for-profit B2C blood testing service in direct competition with the for-profit market.

How are the big diagnostic labs doing?

We examine a feast of data, the 2018 results, from Cerba, Synlab and Unilabs and contrast them with Sonic and Eurofins. What do they tell us about their performance across routine lab testing, acquisitions and diversification?

French lab market contracted in 2018

The French lab market contracted by 0.5% in 2018 as its public payor (CNAM) cut the national tariff to offset volume increases. HBI reveals how the country's largest groups faired.

Cerba/Lancet JV to expand

Cerba is set to expand its JV with pan-African lab network Lancet into more French-speaking countries.

How consolidated is the lab market?

Everybody in the lab sector likes to talk about how much it is consolidated across Europe. This week's infographic assesses that claim: it shows that over half the market is still owned by players with less than €100m revenues and only 15.5% by its top two players. 

Metropolis kicks off IPO, targets $175m

Indian lab group Metropolis kicked off its IPO yesterday (Wednesday, April 3). It hopes to raise Rs 1,200 crore ($175m). We speak to an India-based market expert about the move.

From factory to decision support engine

We interview Claudia Pronk, CEO of Atalmedial, one of the largest Dutch diagnostic lab with a network of more than 100 outpatient clinics and collection locations, about its journey to providing doctors with very detailed, actionable diagnoses and also about the Dutch market.

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