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Asia Healthcare Holdings raising $350m

TPG-backed operating and investment platform Asia Healthcare Holdings (AHH) is reportedly raising $350m for acquisitions in specialist healthcare. 
August 27, 2021

Apollo’s $3.2bn pharmacy arm selling stake after spin off

Apollo Hospitals, India's largest hospital group by revenue, has spun off its pharmacy and digital business into a new subsidiary and appointed banks to sell a 15-20% stake. Amazon was considering a $100m stake in the division at the end of last year as India's online pharmacy sector continues to see a glut of investment with rival PharmEasy also targeting a $9bn IPO.
August 26, 2021

One in ten of India’s medical tourists are Afghans

Ongoing unrest in Afghanistan is cutting off medical tourism to Indian hospitals, where the cohort makes up 11% of international patients. Indian hospitals have previously done good business treating middle-class Afghans.
August 26, 2021

Philippines in crisis as 40% of nurses quit

Two in five Filipino nurses have quit working in their home market over the past year leaving the hospitals in the grip of a care crisis. The country is already a high exporter of nurses globally but poor wages and working conditions may push even more to migrate. 
August 26, 2021

Homecare wages rise as vacancies jump sixfold

Wages in Europe's domiciliary care market have risen up to 15% as the sector scrambles for staff, driven by a sixfold jump in empty vacancies and better protections for governments. This will likely signal a care cost inflation across the continent as one operator tells HBI that the costs will be passed on to the customer.
August 25, 2021

PE firm consolidates Slovenian imaging

Slovenian private equity firm Alfi PE is creating a double-digit revenue imaging platform with the acquisition of the country's two largest for-profit imaging operators, managing director Tone Pekolj tells HBI. 
August 25, 2021

NMC sells Aspen opco to NorthWest

Canadian REIT NorthWest Healthcare Properties has acquired hospital operator Aspen Healthcare UK Limited from NMC Health, a year after it bought the bulk of its real estate. It mirrors what happened to larger UK chain BMI Healthcare three years ago. 
August 24, 2021
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