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Private equity bids for The Philippines’ largest hospital group

American private equity giants are reportedly vying for a minority stake in Metro Pacific Hospitals, the largest private hospital group in The Philippines, but are valuing the group at a lower price than initially speculated. Euronews reports that bidders including KKR, Blackstone, CVC and Singaporean wealth fund Temasek holdings are competing for a stake in the […]

NMC Health shares soar as investors bid for stake: but is it a serious offer?

Unnamed groups, one linked to Chinese conglomerate Fosun, have reportedly bid nearly $2bn for a 40% stake in London-listed global healthcare group NMC Health, according to a Reuters story, sending the share price soaring on the same day as its H1 2019 results. But the offer looks like it is still far below NMC Health's peak share price of August 2018, so why on earth would they sell now? We give the reaction of analysts, advisers and investors. 

UK NHS Trust pulling out of Abu Dhabi

We hear that a UK NHS Trust, one of several to have set up healthcare facilities in the GCC in the past decade, is close to offloading its Abu Dhabi clinic to a local private operator. We discuss the success of NHS Trusts in the GCC generally.

HBI Deals+Insights briefing (August/September 2019): Connect members

Deals+Insights August/September 2019 In this heavyweight double edition for August-September, we look at plans for a potentially market-defining merger in Spanish hospitals, Babylon's multi-billion dollar valuation, health reform hitting share prices in South Africa, and the latest on care home deals in the UK. With stories from dozens of countries, this is our largest edition […]

Interview: Peter Graf, CEO, Tiohundra

Uniquely, we think in Europe, Tiohundra, an organisation serving a municipality of 62,000, has fully merged social care and health care delivery. Social care (elderly care, disabled care, homecare, psychiatry) and health care (hospitals and primary care) – have been melded in to a single organisation. So what are the learnings? And are we going […]

Share prices plummet at prospect of health insurance ‘ban’ in South Africa

Shares in South Africa's biggest health insurer have plunged 20% since the publication of a new NHI bill which proposes 'banning' health insurance for the vast majority of healthcare funding. Private hospital share values have also taken a nose-dive. HBI speaks to Discovery's CEO and assesses who else might be hit by the changes.

Rede d’Or grabs stake in insurance broker Qualicorp

Brazil's largest hospital chain by revenue Rede d'Or has acquired a minority stake in Qualicorp, a broker in the sale of healthcare insurance for members of professional organisations. The move spells a new era for Qualicorp and increases both parties' bargaining power in the face of insurers, meaning potentially cheaper health plans. We interview a Brazilian executive.

Discovery’s full response to HBI over the NHI Bill

Dr Jonathan Broomberg response in full to HBI questions about the NHI Bill, dated August 15th 2019: "Discovery Health supports the drive towards ensuring that all South Africans have access to quality health services based on need rather than affordability. Our position on NHI is unequivocal: we are supportive of an NHI that assists in […]

Ex-Abraaj health fund’s greenfield projects finally coming online

The Evercare Health Fund, formerly Abraaj's Growth Markets Health Fund (AGHF) before the PE firm's fall from grace and now managed by TPG, is finally starting to deliver on its big greenfield projects in the most difficult emerging markets, with the Pakistan hospital recently opened and the Lagos, Nigeria, facility expected in Q2 2020. We talk to a source close to Evercare about the Lahore hospital, the whole platform today and the strategy going forward.

Icon Group takes second punt at China

Australian oncology provider Icon Group has been proudly talking of its 'first' venture into China through a partnership with the Sanbo Brain Hospital Group. Yet in 2016 it announced a similar deal with Yibai Healthcare that failed to materialise. HBI speaks to CEO Mark Middleton about what's different this time around.

Japan: Overview of health and care system and LT care insurance

Japan has a large and thriving for-profit elderly care sector and leads the world with its long-term insurance policy that is mandatory for everyone over 40.  We talk to Matt McEnany, a manager at the Japanese think tank Health and Global Policy Institute about the Japanese care and hospital sectors, the direction of reform, the market share of the top five for-profit groups in care and plans to export the Japanese model.

Interview: Tim Clover, CEO, Rayner

HBI talks to Tim Clover, CEO of ophthalmology medtech supplier Rayner and former CEO of ophthalmology operator Optegra about his take on the market, challenges and opportunities in the future, and plans for the company going forward, including coming to market in the next two years - or sooner.

B. Braun partner launches dialysis clinic in Ghana

Global dialysis supplier-provider B. Braun's Ghanian distributor, Engisys, has launched a private dialysis clinic in the capital Accra. We talk to its managing director about the local market.

NHI bills passed in South Africa and Uganda

South Africa's health minister has plans to put the country's drawn-out NHI bill to parliament within eight months after its recent cabinet approval. Uganda's cabinet, too, has agreed an NHI bill to send to parliament. But many details remain unclear.

Hapvida buys another rival

HMO Hapvida is cementing its presence in Southern Brazil with the acquisition of another rival, its third takeover this year.
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