Nova Stream

 

UK uni hospitals unite to sell abroad

Five of the largest UK university hospitals, with a total revenue of £6.2bn, have come together to compete more effectively in the international market for hospital and medical consulting as the King’s International Consortium (KIC). But will they be able to compete with the big US academic medical centres which dominate international tertiary medicine, or with Korean and Indian players who offer lower cost and more flexible hospital management?
February 3, 2023

Saudi boom creating billion dollar opportunities

Sources at the Arab Health exhibition confirm that the ambitious Saudi 2030 project which will see the country transfer most health care service delivery to the for-profit sector is still on. What are the implications of this?
February 2, 2023

Al Borg eyes franchising and reference markets

Big Saudi lab group Al Borg plans to use franchising to grow rapidly with a consumer-led offer which includes imaging and primary care. It is also constructing two enormous reference labs in Riyad and Jeddah with the aim of seizing a market where Saudi spends billions.  The group is also still eyeing a stock market listing.
January 30, 2023

Your Deals + Insights Connect edition for February 2023

Click here to see your double edition for February 2023 In this month's bumper double edition we look at Orpea's plans for restructuring after a year of turmoil, the pressure to restrict PE investment in Germany, predictions for the market in 2023, and the UK government's plans to end the dental drought by opening the […]
January 24, 2023

Opportunities abound as Saudi Arabia plans $13bn private healthcare expansion

Saudi Arabia’s health ministry is making $13bn (SR48bn) plans for 100 healthcare projects that will involve the private sector. The public-private partnership proposals include constructing two new medical cities, a project to provide 900 beds for medical rehabilitation, and long-term care services, and it looks like foreign investors are actively being courted.
October 21, 2022

Saudi healthcare insurance boom

According to the Saudi Central Bank, gross healthcare insurance premiums in Saudi Arabia rose 32% to SR25.1 billion (€6.78 bn) between 2017 and 2021. Healthcare now totals as much as 59.7% of total insurance in the rich oil state.
October 7, 2022

Gulf PMI gets lift from Qatar’s World Cup

Ahead of the World Cup in November the Qatari authorities have issued a proclamation demanding that some 1.5 million Gulf and other international football fans must have healthcare insurance of at least 50 Qatari riyals (€12). This is a boon to Gulf and other international private medical insurers (PMI) of at least QR75 million (€18m).
October 7, 2022
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