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Ukrainian operators calm, but foreign investment could falter

The eyes of the world have been on Ukraine recently, as the risk of a Russian invasion ramps up. HBI speaks to operators, private equity, and pharma in the region to see if nerves are being held, or fraying, and how what happens in the next few weeks might hit for-profit healthcare in the region.
January 27, 2022

Orpea and Korian shares plummet, as book alleges malpractice at Orpea

The share prices of Europe’s two nursing home giants, Orpea and Korian, both plummeted on Monday, after extracts from a book about Orpea containing allegations of malpractice were published in French newspaper Le Monde. Orpea, whose shares have halved in value, strongly rejects the allegations.
January 27, 2022

Romanian outlook positive, as for-profits benefit from pandemic outsourcing

Regina Maria, the largest hospital group in Romania, is acquiring Bucharest-based fertility clinic Columna Medical Center. HBI talks to Fady Chreih, Regina Maria CEO, to find out more about the group's overall business strategy and Romanian market in general, while Matthew Strassberg, the CEO of owner Mid Europa, tells HBI that the business is not for sale.
January 27, 2022

Interview: Markus Grad, CEO, British Medical Auctions

British Medical Auctions (BMA), an auction house specialised in selling second hand medical equipment that UK hospitals no longer need, has a new owner in TBAuctions, a subsidiary of the largest auction house in Europe. HBI catches up with BMA’s founder and CEO, Markus Grad, to find out more about what the company does and its plans for future growth.
January 27, 2022

Clinisys merger creates global player as public labs lag behind in automation

Clinisys claims to have created the world’s largest player in lab information management and lab order comms and results software with a three-way merger which creates a platform across diagnostics and environmental tests. So how does CEO, Michael Simpson, see software changing the sector over the next 3-5 years? And what does an independent consultant with many years experience in the field think about the sector and its growth?
January 27, 2022

UK care homes focus on self funders as care crisis looms

Additional capacity is sorely needed in UK care homes, but many operators tell us they are only building facilities for privately paying residents. Local authority places do not pay enough to make it worthwhile, they say. HBI talks to three operators to find out more about this looming crisis. 
January 26, 2022

Voyage Care bought by Kuwaiti sovereign fund

Voyage Care, the UK’s largest provider of support for people with learning disabilities by revenue, has been acquired by Wren House Infrastructure, a London-based subsidiary of the Kuwait Investment Authority, Kuwait’s largest sovereign wealth fund. HBI explores the multiple paid, and the thinking behind it.
January 21, 2022

ADQ/Alpha Dhabi merger is ‘backdoor nationalisation’ of Abu Dhabi healthcare

A well-placed source tells us the merger between major UAE healthcare groups Abu Dhabi Health Services Company (SEHA), the National Health Insurance Company (Daman) and Alpha Dhabi’s Pure Health, effectively amounts to a ‘backdoor nationalisation’ of the healthcare system in Abu Dhabi, and that it will now be difficult for any newcomers to enter the market. 
January 20, 2022
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