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Making the News

 

“Hawaii of China” promotes international medical tourism

The "Chinese Hawaii" is being promoted heavily as an international medical tourism destination, with tax incentives and the promise of "accelerated construction" by a regional government keen to encourage international investor and operator interest. 

NMC growth makes it a FTSE 100 one to watch

London-listed Middle Eastern healthcare group NMC Health saw impressive 31% revenue growth – half organic - and 43% EBITDA growth in 2017. Net profit, margin and EPS are also up, and the healthcare segment has outperformed distribution significantly.

Natalie Douglas quits Healthcare at Home

The CEO of Healthcare at Home, the high revenue, low margin medicalised homecare giant with billions in revenue in the UK and a sales presence in DACH, has stepped down.

Rhoen plans campus hospitals

Rhoen Klinikum is to get an extra €15m a year for 2017 and annually hereafter until at least 2021 from the state of Hesse for its research and teaching work at Giessen and Marburg, the only privatised University hospital in Germany. CEO Stefan Holzinger's new strategy is to persuade outpatient specialists to move their offices to Rhoen outpatient units to create more referrals in its specialist hospitals and a better patient experience. But 2017 saw an adjusted GAAP EBITDA margin of only 8.1%, low compared to the mid-teens achieved by bigger rivals such as Helios and Sana.

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