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Ameos acquires Swiss non-profit hospital

PE backed Swiss hospital and psychiatric group Ameos has acquired a majority stake in a not-for-profit hospital, its second facility in the country. The group, predominantly present in Germany and Austria, is taking advantage of a challenging climate in the Swiss hospital sector which is putting many small hospitals in financial trouble.
March 4, 2020

Primo Group and CareDent merge

For-profit dental groups CareDent and Primo Group have merged, creating a new number two player by revenue in Italy.
February 28, 2020

SRL shifts focus to B2C as minority sale stalls

Fortis-owned Indian lab chain SRL says that after the last two years of "stagnant expansion" it has started to open more blood collection points in a shift to the B2C segment. The company remains tight-lipped about the ongoing minority sale process.
February 28, 2020

NMC shares suspended after CEO fired

Trading in the shares of scandal-hit NMC Health, the UAE’s largest for-profit healthcare provider, has been suspended. The move follows hot on the heels of the removal of the CEO, and the discovery of unauthorised off-balance sheet financing.
February 27, 2020

BDMS makes offer for Bumrungrad

Thailand’s largest private hospital operator Bangkok Dusit Medical Service (BDMS), the biggest shareholder in Bumrungrad Hospital (BH), has launched a tender offer for the remainder of the shares it doesn’t own.
February 27, 2020

NMC identifies $335m side deals and sacks CEO

In an announcement put out after trading, the independent review board appointed by NMC has identified side deals on procurement worth US$335m with the founders for which NMC is liable and that were made without board approval. It has also removed Mr Prasanth Manghat from his position of Director and CEO of the Company with immediate effect.
February 26, 2020

Rhoen expects 2020 EBITDA crash

German hospital operator Rhoen Klinikum 2019 sales grew three times faster than the previous year, but EBITDA was flat and is expected to fall substantially in 2020. Its move to outpatient is helping the top-line. HBI considers these results and board-level developments expected later this year.
February 26, 2020
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