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Merger creates Brazil’s second largest healthcare provider

The merger of lab and imaging specialist Diagnosticos da America (DASA) with São Paulo-based hospital network Rede Impar (RI) will create Brazil's second-largest provider of healthcare services by revenue. A market source tells HBI this could be with a view to an IPO next year.

VPS signs high flying deal with Etihad

UAE-based integrated healthcare provider VPS Healthcare has signed a deal with Etihad Airways which will provide its Saudi patients with reduced fares to some of its hospital hubs, in a move designed to further attract medical tourists.

Nordic fertility player partners with Dubai hospital

American Hospital Dubai has entered into a joint venture with Sweden-based Livio, the largest fertility operator in the Nordic region. American Hospital Dubai is a 254-bed, acute care, general medical/surgical private hospital with a multi-specialty physician group practice, designed to provide a high-quality, American standard of healthcare. The deal will see Livio, formerly "IVF Sverige", […]

Notre Dame Intermedica acquires in South Brazil

Brazilian vertically integrated payor-provider Grupo Notre Dame Intermédica (GNDI) has acquired Clinipam, an operator in the South of Brazil, as it attempts to keep pace with rival Hapvida. The two are battling it out for market share on the most competitive part of the market.

Asklepios bets big on digital

Asklepios, the second-largest German for-profit hospital group, plans to spend €500m on digitisation.

Kenyan NHIF C-section costs soar

C-sections now account for a third of all maternity costs under Kenya's national health insurance scheme, with some experts concerned that operators have been cashing in on inflated prices.

UnitedHealth replaces CEO of Brazilian operations

UnitedHealth Group (UHG), the largest private healthcare company in the world by revenue ($226bn) and owner of Brazilian insurer Amil, has replaced the CEO of its Brazilian operations with an executive from Amil itself. The change coincides with the group's Q3 results.

Another private hospital in the UAE closes down

The Dubai Health Authority (DHA) has shut down a private hospital for three months, citing regulatory non-compliance without naming the facility. HBI sources indicate which one it might be.

Former Abraaj health fund’s platform appoints new CEO

Evercare, part of what was formerly the Abraaj Growth Markets Health Fund (AGHF) and now managed by global PE firm TPG, has appointed a new CEO to oversee its hospitals and clinics in India, Pakistan, Kenya and Nigeria.

Interview: Abhay Soi, Chairman, Max Healthcare 

An outsider who doesn’t believe in “old answers” and wants to ‘’do things differently’’, Soi, 46, has big plans for the about-to-be-merged Max and Radiant businesses. The large Indian hospital chain is backed by private equity firm KKR-with 12 large and metro-based hospitals and 4 day-care centres, with 2019-20 expected sales of INR 4,200 crores (US$631m), making it second only to Apollo He talks exclusively to HBI about his plans and where he sees growth. 

Private equity conquers Southeast Asia as Metro Pacific Hospitals trade

Global private equity firm KKR and Singaporean sovereign wealth fund GIC have agreed to co-invest nearly $700m in Filipino hospital group Metro Pacific Hospital Holdings Inc (MPHHI) as well as a bond issued by majority-owner conglomerate MPIC, pulling the plug on any immediate IPO. The Philippines is the last major SE Asian market to see big PE money enter its healthcare sector.

Dubai Health Authority finally relaxes rules on telehealth

Two years after Dubai Health Authority (DHA) issued an order regulating telehealth, the department has finally cleared up rules around what the doctor is allowed to do in a doctor-patient teleconsultation. HBI examines how the new regulations will change the market and how they compare to elsewhere in the world.

Verita pulls wraps off massive digital to retail preventative platform

Verita Health, the global preventative healthcare group aiming to reduce chronic disease and extend life expectancy, is building what it claims is the largest digital health platform in the world by buying and merging five platforms in Asia, Europe and the USA.  At the same time, Verita is moving its health offering into hotels, retail and cosmetic clinics across several continents.  We talk to CEO Julian Andriesz, who is the plenary speaker at HBI 2020, April 20-22, London.

Interview with WebMD: We have no plans to become a diagnostics tool

WebMD, the world's largest health information website, just got even larger with the acquisition of its close rival Aptus Health. HBI speaks to Jeremy Schneider, the company's group general manager, about whether the platform could ever become a healthcare provider, the acquisition and its ambitions outside of the US. 

Fleury acquires Diagmax Group

Brazil's second-largest lab and imaging group Fleury has added six sites to its portfolio through the acquisition of local imaging group Diagmax Group.

Government won’t win price control battle

The Indian government is unlikely to manage to control hospital pricing, despite its battle over stents and other consumables. And none of the big hospital groups are embracing the government's low-cost scheme to cover 50m families.
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