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Thailand starts to welcome back medical tourists

Thailand's government has re-opened the country for medical tourists by launching a new special visa that at least 1,700 people have already applied for. The news will be welcome for major medical tourism operators like Bumrungrad whose shares are down 33% on a like-for-like basis.
July 31, 2020

Spanish hospital M&A resumes in July

Spain's private hospital groups have resumed their pre-COVID M&A binge in July, with three of the five largest striking deals to acquire smaller competitors. It comes as private hospital activity levels across Europe recover more quickly than previously forecast - although that hasn't prevented casualties amongst some individual sites.
July 31, 2020

Orpea kickstarts €1.5bn propco sell-off with Icade deal

Europe's largest elderly care operator Orpea is preparing to strike more sale-and-leaseback deals with big REITs after concluding a €145m deal with Icade in Germany. HBI expects a flurry of deals may follow as part of a £1.5bn propco sell-off which will fuel further acquisitions. We talk to property investment sources about where else it might sell, potential buyers and the yields they can expect.
July 30, 2020

Elsan confirms KKR deal

France's second-largest private hospital operator Elsan has confirmed recent reports that global private equity firm KKR is acquiring a stake in the group, and is being joined by French investor Ardian.
July 30, 2020

Amil CEO quits

The CEO of Brazil's largest payor-provider Amil has resigned 20 months after taking on the role. HBI investigates.
July 30, 2020

Benelux countries make moves on digital therapy reimbursement

The Netherlands and Belgium are closely following behind Germany in reimbursing digital therapeutics (DTx). Payors in the former are negotiating a strategy while the latter has just seen a rehabilitation app become the first to receive public payment. 
July 30, 2020

Market welcomes Attendo’s H1 figures as it turns the COVID corner

Attendo's H1 results saw improvement as COVID's impact lessened. And while the effects of the pandemic clearly have had a negative impact on the listed Nordic care group, the market reacted positively. A share price which at the start of July was down over 35% on it's mid-February price rallied, and it is now just 10% down compared to its pre-COVID position.
July 30, 2020

Jose de Mello Saude/CUF revises 2020 forecast as COVID recovery quickens

Portugal's largest hospital operator Jose de Mello Saude, now CUF, has revised earlier full-year revenue forecasts upwards as it sees a stronger post-COVID recovery than expected, CFO Guilherme Magalhães tells HBI. He discusses the pandemic's impact on AVLOS, digital penetration and the market's medium-term outlook, as well as it's recent name change and the future of PPPs in Portugal.
July 30, 2020
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