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Bankruptcies of German care homes “will force reform”

As the threat of mass bankruptcies hits the headlines in Germany, HBI hears that residents are beginning to feel the sting of the country’s dwindling supply of nursing homes, and that 2024 could prove to be the tipping point when public pressure actually triggers political change - but things may get even worse before before they get better.

PureHealth completes on Circle

UAE-based healthcare conglomerate PureHealth has completed its takeover of UK hospital group Circle Health. It acquired the asset in August for $1.2bn.

NHS app: the opportunity for private providers

Nearly two-thirds (62%) of registered NHS app users are over 66. Does this present an opportunity for private providers and their own digital offerings? Three E-vangelists explain why pioneers should be cautious.

Henry Dunant to take over Euromedica, not merge with it

Hemithea (formerly Imithea), the parent company of Greece’s largest private hospital Henry Dunant, is set to take over the secondary care activities of healthcare group Euromedica, as opposed to merging with it, among a flurry of possible Greek hospital sales.

Goldman Sachs raises $650m for life sciences

Global investment banking firm Goldman Sachs has closed one of the largest first-time private life sciences growth funds. Its West Street Life Sciences I raised "$650 million in equity commitments from a global, diverse group of institutional, strategic and high net worth investors and meaningful commitment from Goldman Sachs employees" according to the bank.

Medica CEO being replaced as he departs for GHO Capital

A new year brings a new wave of senior appointments. After four years of service at international teleradiology specialist Medica, CEO Stuart Quin is leaving to join London-based healthcare investment advisor GHO Capital as a new partner. Former Voyage Care CEO Andrew Cannon is lined up as Quin’s replacement, while mydentist executive chairman Tom Riall is Medica’s new chair.

Diaverum enters Greece, and plans expansion

Multinational dialysis giant Diaverum has entered the Greek market with the acquisition of six clinics. HBI hears the group has plans to consolidate more of the market and become the country’s best quality provider.

Is 2024 the year of recovery?

As we kick off the new year, HBI speaks to healthcare market experts across a variety of countries and subsectors, and hears what they think is in store for 2024. An election-heavy year could herald changes – but will any be enough to stave off the challenges of workforce, inflation, and soaring costs?

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