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Bupa and Axa loss ratios show PMI becoming a much less attractive product

Operators are circulating loss ratio figures from Bupa and Axa which show that the UK's two largest private medical insurers have substantially reduced the amount of premium they pay out over the last five years. The operators are claiming that the pay out rates are far lower than in other PMI markets and mean that PMI has become a poor product for consumers in the UK.
October 17, 2016

FREE BLOG Why journalists are so bad at challenging the health care status quo

An interview on the UK’s Radio 4 Today programme last week neatly illustrated the problem that the media has when confronted by the health care professions. The interviewee, Claire Ward of lobbyist Pharmacy Voice, ran rings round attack-dog interviewer John Humphrys when talking about government plans to cut the pharmacy budget in the UK. Why? […]
October 14, 2016

FREE BLOG A continental body for a continental problem

Business leaders in African healthcare will not be contained by borders or bureaucracy! The “iron doors” to the ministries of health have been opened, and no longer does each country's industry stand on its own. Healthcare Nova was in Nairobi to witness the creation of the Africa Healthcare Federation at the African Health Business Symposium (AHBS) 2016 last week.
October 14, 2016

Formal bidding process could unlock Nisa deal

Problems surrounding the sale of Spanish hospital group Nisa could be sorted out by a formal bidding process. Minority shareholders uniting against Vithas' takeover hired banker Arcano to sell their 55% stake. Arcano has approached Quirónsalud, HM Hospitales and Hospiten.
October 13, 2016

Assessing Italy’s 2014-2016 Health Pact

Italy’s 2014-2016 Health Pact, which focuses on downsizing the acute sector and on increasing outpatient services, is coming to an end. Andrea Fortuna, associate partner at PwC, says it has resulted in over 10% drop in the number of acute beds over the past five years.
October 13, 2016

Interview: Jeremy Low, board member Weihai Thonburi – “In China, there are no easy shortcuts, but it’s worth it”

How do foreign operators crack the notoriously tricky Chinese market? Is it possible for non-natives to come in, win over the local population, cut through swathes of red tape and make a profit? We speak to Jeremy Low, director of Weihai Thonburi Healthcare Investment Company, a subsidiary of Bangkok-based Thonburi Hospital Group, which is about to open a 250 bed hospital.
October 13, 2016

Fullerton to delay IPO after regulatory queries

Singapore-based operator Fullerton Healthcare is delaying its IPO due to regulatory concerns. The group, which offers outpatient services to corporate clients and operates a large network of associated clinics, is due to list on the Singapore Stock Exchange.
October 13, 2016

India Value Fund in pole position for Keralan KIMS

Native private equity group India Value Fund Advisors (IVFA) is in a pitched battle with a Temasek of Singapore-led consortium for the Kerala Institute of Medical Sciences (KIMS), India's fourth largest hospital chain.
October 13, 2016
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