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Nursing Homes

 

Huge mental health treatment gap in China and India

The Lancet has reported that third of the global burden of disease for mental, neurological and substance use disorders occurs in India and China – more than in all high-income countries combined – yet 10% or less of people with mental disorders in these countries receive the needed treatment. Even for serious psychotic illness only 40% of Chinese had treatment from healthcare professionals. Both countries are about to engulfed by dementia as their populations age.
June 2, 2016

KPMG report: Global trends in aged care

In its Global trends in aged care report, KPMG identifies five key themes that are likely to shape the elderly care market - based on interviews with experts in 20 countries.
June 2, 2016

Amma to fetch 12x EBITDA

Caixabank's deadline to sell Spanish care group Amma on 31 June approaches. SARquavitae appears to have pulled out because of the price. We look at the three bidders left in and the possible (high) price and at other Spanish care groups that are for sale.
May 26, 2016

Norlandia moves into new markets

Elderly care and child care player Norlandia is looking to expand to new markets, including north Germany and the UK, in an aggressive roll-out strategy. It says it is also considering launching elderly care platforms in Finland and the Netherlands – where it currently only operates pre-schools. We speak to CEO Hilde-Britt Mellbye.
May 24, 2016

Facebook for care home residents works for Korian

Korian, Europe’s largest nursing home group, has decided to roll out Famileo, a Facebook like app which can be printed off as a magazine, through all its nursing homes across all five countries. The software is designed to make it easier for relatives to communicate with reisdent. We talk about the results of Korian’s trial of the software with Group Project Manager, Stéphane Revault.
May 20, 2016

Chinese private equity hesitantly entering elderly care

Hong Kong-listed investment group China Everbright Ltd. is buying Beijing Huichen Nursing Home Management as part of its Healthcare Fund I. Xiaoyin Shen from Everbright's healthcare division told Healthcare Nova that investors are starting look at elderly care platforms in China as the government takes steps to liberalize the sector.
May 19, 2016

Nordics open up for property deals

A new €250m fund - rising to €500m with leverage - managed by Northern Horizon will target care homes across the Nordics. The Nordic Aged Care fund is targeting triple net yields of 5-7% and has already raised €121m from cornerstone investors including Aviva. CEO, Michael Schönach also said regulation and culture was opening up the Danish care home market.
May 13, 2016

Korian buys in Belgium

Europe's largest care group Korian is buying Flemish not-for-profit provider Foyer de Lork, with 1,000 beds in 14 facilities plus 250 places in assisted living and sales of €70m in 2015. Korian's Belgian operation expands to 7,500 nursing home beds, 500 assisted living places and sales of €290m, making it Belgium's second largest care group after Armonea.
May 13, 2016
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