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Fresenius: “We’re not selling”

Germany-based healthcare conglomerate Fresenius tells HBI it isn't currently looking to carve off parts of its business for sale, and despite mixed H1 results it sees plenty of opportunities for growth.

Ramsay Australia suggests Bupa-insured switch insurer after tariff negotiations fail

Ramsay Australia, the Australian branch of multinational hospital group Ramsay Health Care, is no longer contracted with insurer Bupa after the two companies failed to come to an agreement in negotiations over tariff increases. Ramsay has advised the four million Australians insured by Bupa to switch to another insurer rather than pay out-of-pocket to receive care from Ramsay hospitals and clinics from October 2.

VPS IPO stalls

Abu Dhabi-based multinational healthcare group VPS seems to have quietly canned its planned IPO.

Kry keeps mum on valuation but is “unlikely” to be devalued

Kry, the Swedish telehealth company also known as Livi in the UK and France, has raised US$160m of debt and equity funding in Series D follow-on funding. However, the firm has kept a tight lid on its valuation and observers are conflicted as to why this is.

CEOs change at Maisons de Famille

Philippe Tapié  has retired as CEO of Maisons de Famille, the European elderly care and nursing home group. He remains on the board of the firm’s Italian division.

British lab minnow takes on America

NVM Capital has bought a majority stake in Yorktest, the largest UK food intolerance testing lab. The company, which has doubled sales in two years, plans to expand in the USA where it faces Everlywell, which is valued at several billion dollars.

Centene sells Ribera

US healthcare giant Centene confirmed it has sold its Spanish and Central European subsidiaries to French private hospital group Vivalto Santé, but has yet to find a buyer for Circle Health, the second largest UK hospital chain.

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