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Orpea enters the UK with acquisition in psychiatry

Pan-European nursing home and psychiatric giant Orpea has entered the UK market for the first time. The group has bought a French psychiatric specialist which owns a premium facility in London. HBI speaks to Orpea and a market adviser about strategy, multiples, and whether this opens the door to further activity in the UK.
October 3, 2019

Notre Dame Intermedica launches insurance for elderly and acquires rival

Brazilian insurer Grupo Notre Dame Intermedica (GNDI, or Intermedica) has launched a cut-price insurance plan for retirees, a move that puts it in competition with São Paulo based provider Prevent Senior. It has also acquired an insurer in the South. We discuss these developments with a local healthcare expert.
October 3, 2019

France’s third largest lab group ‘for sale’

One of France's largest lab groups, Inovie, has appointed France-based international bank BNP Paribas to explore potential financing - but its complex shareholder structure and president's public objection to external investment leaves open questions about how any sale could work.
October 3, 2019

Penta courts investors

HBI can exclusively reveal that multi-national CEE hospital chain Penta has started meeting with investors with a view to selling at least a minority stake, months after it denied the company was for sale. It tells HBI that it wants a partner who can support international expansion plans.
October 3, 2019

Connect Health adopts AI platform

One of Britain's largest for-profit physiotherapy providers has moved to an AI platform to improve efficiency. We look at the operator's business model and how it will be using AI.
September 30, 2019

Spire divests oncology centres to GenesisCare

Quoted UK hospital group Spire has sold its two oncology centres to specialist provider GenesisCare, while together they have entered into a JV to deliver oncology services at one of Spire's hospitals. Its CEO suggests a further divestment could be on the cards.
September 27, 2019

French labs strike over proposed 10% tariff cut

The majority of France's private lab groups have started a nine-day strike after the country's statutory insurer unveiled plans that could shrink reimbursement by 10% over the next three years.
September 27, 2019

French teleconsultation providers struggle in first year of reimbursement

Uptake of remote consultations has been slow in France's first year of reimbursement with its statutory insurer l'Assurance Maladie paying for just 60,000 appointments. HBI speaks to KRY's French subsidiary Livi, which says that complex and changing regulations have stopped the public payor market growing, but B2C remains strong.
September 27, 2019
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