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End of Covid windfall sends Sonic’s share price to six-month low

Sonic's share price has been hovering around the A$32 mark for the past three weeks, after falling 5% in response to FY23 results released on August 16, which showed declining profits due to Covid testing winding down. This is the lowest the share price has been in the past six months.
September 6, 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

Germany cuts red tape to recruit outside EU

This summer, a new immigration reform was passed to make it easier for workers from non-EU countries to relocate to Germany. An Indian organisation plans to train 2,000 nurses for the German market. HBI speaks to experts to find out who will make the most of the changes and if it’s the best course of action to combat labour shortages.
September 1, 2023

HC-One pilots flexible working for carers

UK nursing home operator HC-One has launched FlexForce, a flexible working initiative that hopes to ease staffing shortages by improving the sector’s notoriously low retention rates. The scheme is being rolled out to 269 homes, following a successful six month trial this June across the north of England and Scotland. 
September 1, 2023

Orpea sells 22 Dutch homes

This week, French nursing home operator Orpea announced the sale of 22 nursing home facilities in the Netherlands to Amvest Living & Care for €85m.
August 31, 2023

Circle Health sells for $1.2bn

Circle Health, the UK's second largest hospital group by revenue, has sold for $1.2bn (€1.1bn) inclusive of debt assumed. The buyer was Pure Health, a healthcare conglomerate based in the UAE, effectively owned by the Abu Dhabi government.
August 29, 2023

Ramsay share price plummets as results released

Australia-based multinational hospital group Ramsay Health Care’s disappointing results have seen its share price drop by double digits since close Wednesday. It seems its European segment’s performance did not match that of its other divisions.
August 25, 2023
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