Middle East & North Africa

 

Saudi dentists fired for cheaper replacements

Saudi dentistry is seeing significant revenue growth, but HBI hears there are teething problems with significant numbers of experienced clinicians being kicked out in favour of less qualified - and cheaper - new graduates.
October 26, 2023

The Top 100 largest groups in EMEA by revenue

Who are the biggest health care services companies in EMEA? For the third year running we have compiled a list of the Top 100 companies by revenue from HBI Intelligence's database, which includes 5,000+ health care services operators across Europe, the Middle East and emerging markets across Asia and Latin America. The Top 100 shows these companies’ sales relating to health care service activities in EMEA only.
October 13, 2023

Italy’s nursing crisis causes wage spike as government looks abroad for help

Italy has historically been less affected by the health care workforce crisis gripping much of Europe, but HBI hears post-Covid pressure has created a nursing crisis which has seen wages shoot up, and led prime minister Giorgia Meloni to look abroad. Most recently she has signed an agreement with the Caribbean island of Cuba to fix her growing workforce challenge. This is the latest in a series of deals and rule relaxations designed to help funnel talent into Western Europe.
October 6, 2023

Interview: Howard Podolsky, Group CEO, Cambridge Medical

Last week, Amanat Holdings announced the return of Howard Podolsky to Cambridge Medical Rehabilitation Center. HBI caught up with the ‘new’ group CEO to hear about current challenges and opportunities in the Middle East and what is different this time around.
October 6, 2023

Which sub sectors does PE invest most in?

HBI has been analysing its investment database and asking "who is investing in what?" It may not be the most attractive sector financially or reputationally at the moment, but elderly care has the most active PE+* investments in EMEA, with 17% of all active investments. Hospitals is the second most invested-in sub sector, with 14% of all active investments. 
September 29, 2023

Helios CEO Francesco De Meo leaves with little fanfare

Fresenius Helios has a new CEO. Germany’s largest hospital group by revenue and subsidiary of Germany-based conglomerate Fresenius announced the news in a press release which ignores outgoing Francesco De Meo’s significant and longstanding contribution to the group.
September 15, 2023

Aster DM set to sell GCC business

Listed hospital group Aster DM’s share price has rocketed in anticipation as the group’s long-awaited sale in the Gulf looms closer.
September 8, 2023

Circle Health set to be sold for $1.2bn

PureHealth, an Abu Dhabi group which is effectively state-owned, is set to buy Circle Health, the UK's second largest hospital group by revenue, for $1.2bn. The deal follows PureHealth's acquisition of a minority stake in a major US hospital chain. It comes as revenue from both private pay and NHS outsourcing surges in the UK.
September 1, 2023
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