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Mayo promises to support loss-making London centre

US-based nonprofit American academic medical centre Mayo Clinic has offered "unconditional" financial support - at least until January 31, 2024 - to its London facility, despite the latter losing millions. Meanwhile, Cleveland Clinic continues to expand in the UK capital.
February 17, 2023

Fresenius to deconsolidate FMC

Michael Sen, the new CEO of multinational health care conglomerate Fresenius, is making preparations to deconsolidate struggling dialysis subsidiary Fresenius Medical Care (FMC). The plans fall short of full divestment and may not be radical enough to appease investors.
February 10, 2023

Four Seasons – still for sale, still unsold

The sales process for the remaining bulk of financially troubled UK care home operator Four Seasons' assets has not been quick. HBI speaks to a market expert and to the group's property advisors to ask why the sale is taking so long.
February 10, 2023

Competition concerns around Portman / Dentex merger

The UK Competition and Markets Authority (CMA) has said the proposed merger between dental groups Portman Dental Care and Dentex Healthcare raises competition issues, and will be investigated further unless suitable undertakings are received.
February 10, 2023

All change at the top for mydentist and DD

Tom Riall is standing down as CEO of UK-based dental group mydentist, and will take up the role of executive chairman from April 1. His replacement has been announced.
February 10, 2023

Convivo facing bankrupcy

The holding company behind German nursing home operator Convivo is filing for bankruptcy. HBI understands low occupancy rates, a shortage of skilled workers and rising energy costs are among the reasons.
February 10, 2023

TFP up for sale

HBI hears UK-based pan-European fertility group TFP is up for sale, and speaks to two well-placed sources to find out more.
February 10, 2023
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