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NMC CEO: Any sale will be a competitive, traditional process

Will the creditors of NMC Healthcare, the GCC's largest for-profit healthcare operator which has been in administration since April 2020, choose a sale of its core UAE business in the next 3-6 months or a longer-term, creditor-led restructuring? We talk exclusively to NMC CEO Michael Davis and UAE sources. A 'fire sale' of parts of its core UAE business now seems entirely off the table.
February 4, 2021

Integrating diagnostics and therapeutics

Diagnosing and giving therapy can be two very siloed services. Increasingly, innovators are building platforms to understand how the two could come closer together. We speak to one of the world's best-funded AI start-ups, Lunit, about its attempt to integrate diagnostics and therapeutics.
February 4, 2021

Revealed: Babylon’s real revenue in 2020

Recently filed accounts for UK telehealth unicorn Babylon show the group made £6m sales with almost £100m losses in 2019. However, a well-placed source gives HBI a more accurate picture of the holding company's accounts, filed privately in Jersey.
February 4, 2021

Ameos “prepares for sale or refinancing”

Multiple sources tell HBI that DACH psychiatry and acute hospital group Ameos is preparing for sale or refinancing. The group vehemently denies it is preparing for sale.
January 28, 2021

Colosseum Dental enters France

Pan-European Colosseum Dental Group (CDG) is taking a majority stake in a French dental care provider, entering France for the first time.
January 28, 2021

NHS uses COVID surge capacity amidst private pay resurgence

NHS England trusts have triggered clauses granting full access to private hospital capacity in some areas as COVID-19 hospitalisations soar, amidst controversy over the ramp-up of private pay activity - although private operators tell HBI they are focusing on time-critical surgery and cancer care.
January 28, 2021

Hungary’s consolidators grow through COVID as ‘grey’ market formalises

Hungary's largest private acute care operators continued double-digit revenue growth of previous years in 2020 despite COVID-19, HBI can reveal. Recent analysis by analysts shows much of the sector's pre-pandemic growth may have been enhanced by capturing the 'grey' market of previously under-the-table private pay.
January 28, 2021

Spanish imaging consolidation resumes while French national player grows

Pan-European imaging operator Affidea and Andalusia-based group HT Medica have resumed their consolidation of Spain's imaging market with single-centre deals in January. Meanwhile, France's third-largest consolidator has grown to 300 radiologists with private equity backing.
January 28, 2021
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