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Nursing Homes

 

Leading French nursing homes – expanding in Europe, and retreating at home?

Leading French nursing home groups are looking to expand in Europe and pull back in France because of unfavourable domestic conditions. This is according to Stephane Pichon of Your Care Consult, who says that we should expect to see acquisitions – and possible sales – in the next six months.
March 2, 2017

Interview: Päivi Metsäniemi, Chief Physician and Juha Tuominen, CMO, Terveystalo

Terveystalo, Finland’s largest private healthcare provider, has developed a monitoring and data analytics package to better identify patients at risk of or suffering from type 2 diabetes. The group says it could help the country save €2bn a year and that it is already making a profit from Etydi. We speak to Päivi Metsäniemi, Chief Physician, and Juha Tuominen, CMO, at Terveystalo, who have applied to the HBI 2017 awards in the Best Use of Digital Health category.
March 2, 2017

Finland prospects brighten further

Specialist care could be provided under a voucher scheme in Finland and freedom of choice in health and social care will be even more extensive than previously hoped, say quoted care and outpatient group Pihlajalinna.
February 24, 2017

Interview: Fredrik Gren, CEO, and Daniel Warnholtz, CFO, Ambea

Swedish disabled and elderly care services provider Ambea, the second largest in the country with 2015 revenue of SEK4.4bn (approximately €470m), wants to reinforce its presence in the disabled care segment, increase residential care and have a contract model less reliant on outsourcing. Healthcare Europa asks CEO Fredrik Gren and CFO Daniel Warnholtz why - and whether an IPO is on the cards.
February 22, 2017

Attendo steady but outsourcing drops

With nearly 10% operating margin, Sweden’s largest elderly care services provider Attendo reports a good 2016 performance and sees its shareholders’ dividends more than double. But the results also highlight challenges in the outsourcing market and the group reports poor organic growth.
February 16, 2017

Orpea rises and Korian falls on sales figures

Combining over 145,000 beds across Europe, France’s two largest elderly care providers Korian and Orpea have released their 2016 revenue ahead of their full results later in March. But investors’ and analysts’ reactions couldn’t be more different, as Orpea’s share price soars and Korian’s tumbles.
February 14, 2017

Interview: Dr Chai Patel, chairman and CEO, HC-One

Chai Patel, former Ugandan refugee, medical doctor, adviser to the Blair government and, after selling his stake in British-based nursing home group HC-One two years ago, serial entrepreneur is one of the more colourful characters in the normally staid world of British adult social care. With 25 years of experience in the market, he's also well-placed to comment on its current plight. In this wide-ranging interview, he gives Healthcare Europa his assessment of the industry's health and reveals details of HC-One's future strategy.
January 26, 2017

HC-One’s chairman warns of wave of UK care home closures

The chairman and CEO of the UK’s fourth largest care home group by sales, HC-One, has told Healthcare Europa that the latest funding arrangement for the industry is not enough and will lead to more closures. Dr Chai Patel, former owner of the Priory Group, believes “the government is coming up with new ideas” and also revealed HC-One is no longer considering sale and leaseback deals.
January 26, 2017
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