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Ramsay makes £1bn Spire offer – but investors want more

Global hospital operator Ramsay Health Care has made a £1bn offer to acquire listed UK group Spire Healthcare, but some investors may reject the offer and share price movements show another bid may be expected. The 29.9% shareholder, Mediclinic, has agreed to sell to Ramsay despite making a similar takeover offer three years ago. It comes during a UK market pivot towards NHS activity to help clear massive backlogs after Covid.

Why the Swiss assisted living sector favours an asset-light model

Assisted living operators in Switzerland are using the same asset-light business model that is dominant in France and Germany. As HBI continues to grow its HBI Intelligence report on assisted living, we speak to Stefan Buser, who used to work for Swiss nursing home and assisted living operator SENIOcare, to find out why.

Doctors tire of telehealth overtreatment

GPs in the UK have said that telehealth has left practices feeling overwhelmed by patient demand, with some requesting e-consultations every single day. It's not the first market where telehealth has driven over-consumption of healthcare services.

Whistleblower and low occupancy hit Attendo

Pan-Nordic care group Attendo, which runs 350 nursing homes in Scandinavia, is struggling to recover occupancy in Sweden. The picture is better in Finland, but a scandal over the treatment of a whistle-blower in the Swedish press has damaged the groups image. 

Fresenius raising $1.5bn bonds as Covid hits Q1 results

Global dialysis provider Fresenius Medical Care has issued bonds with an aggregate principal amount of US$1.5bn across two tranches. The proceeds will be used for general corporate purposes, including the refinancing of outstanding indebtedness.  

Swiss Medical to integrate Pyramide after buyout

Listed Swiss Investment company Aevis Victoria has agreed to buy out the remaining physician shareholders of Zurich-based Klinik Pyramide and integrate it into its hospital subsidiary Swiss Medical Network.

Competition regulator halts Mediq deals

The Dutch competition authority has halted homecare operator Mediq's acquisition of Gimv-owned Eurocept and Excellent Clinics. The parties must now apply for a permit if they want to proceed with the acquisition. 

Orpea grabs top spot in Ireland

Orpea, Europe's second largest nursing home group by revenue, has agreed to buy Irish group FirstCare in a purchase reportedly worth more than €100 million. Orpea will become the largest private care home operator in Ireland by bed number.

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