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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.

Co-Med files for voluntary bankruptcy 

Troubled Dutch primary care chain Co-Med is filing for voluntary bankruptcy and closing all of its clinics, marking the end of a several month long saga in which the company faced severe financial difficulties, numerous quality complaints and legal challenges from former employees.

Intensification of existing hospitals as an alternative to newbuilds 

Europe’s ageing population means capacity in both the hospital and nursing home sectors needs to be expanded over the coming years. But unsupportive regulatory and policy environments and unfavourable economics currently present major barriers to new developments, especially for hospitals. One alternative discussed by speakers at the ‘Investing in health care property’ panel at HBI 2024 is to get more out of existing facilities through ‘intensification’.

Dutch aesthetics chain Faceland exploits sector’s M&A opportunities by buying Italy’s largest chain Juneco

Pan-European Dutch aesthetics chain Faceland is taking advantage of the ample consolidation opportunities in Europe’s rapidly growing aesthetics sector by buying Juneco, Italy’s largest aesthetics chain. This marks Faceland’s first foray into the Italian market and will help the group achieve its plan to grow to over 50 clinics across its five European markets by the end of 2024.

“Nice words, but less money” — new Dutch government announces healthcare prospectus

The newly-formed far-right Dutch coalition government of the PVV, VVD, NSC and BBB parties this month laid out its agreed policy programme in the document ‘Hoop, Lef en Trots’ (‘Hope, Courage and Pride’). While the agreement expresses the new government’s intention to improve healthcare accessibility and make the sector more attractive for workers, it also outlines substantial budget cuts that have raised concerns among healthcare industry groups.

Interview: Rick Goud, Zivver

Zivver is a Dutch software company that provides solutions which help healthcare organisations improve the security of their electronic communications. The company is headquartered in Amsterdam, but its security tools are now being used all over the world. Rick Goud, the company’s founder, explained to us how they work.

Dutch primary care chain Co-Med faces financial stress and quality complaints

Co-Med, a Dutch primary care chain, is facing financial difficulty and possibly even bankruptcy. A part of the company that manages its call centre has already been declared bankrupt. The group has also been the subject of complaints regarding quality and (lack of) availability and timeliness of services, and being sued by former employees.

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