The sale of Malaysia and Indonesia-based hospital group Ramsay Sime Darby marches on, with a shortlist of candidates reportedly jostling for the $1.5bn purchase. Reports suggest French hospital group Ramsay Santé is next.
The growth of PMI makes Portugal an exciting market for hospitals. With the IPO of a major hospital group on the cards, reform looking to change the way public-private partnerships are paid, and political intrigue which rivals Game of Thrones, HBI digs into what’s making the market tick.
In July, prior to its proposed acquisition of American Heart of Poland, there was a big reorganisation at Gruppo San Donato, Italy's largest hospital group. This pours some light on the relationship between Tunisian entrepreneur Kamel Ghribi, whose GKSD vehicle is now intertwined with San Donato, and the Rotelli family.
Large UK nursing home operator HC-One has confirmed the closure of its three remaining Cambridgeshire homes following extended embargoes placed on the operator by the council in the spring. The homes have been deemed “no longer operationally and financially viable”. HBI investigates.
Portuguese hospital operator CUF released its H1 2023 results on Friday, with the group reporting increased activity and improved financials despite its large acquisitions and building projects.
For nearly 20 years Broomberg has been intimately involved in the development of one of the world’s most sticky health care apps. If you have life or health care cover from Vitality or one of its partners you have access to an app which can reward you for exercise, diet, online or physical check ups with a range of rewards, ranging from a weekly free coffee to 50% off gym membership and discounts on flights. And in South Africa, even cheaper healthy food! Just like airlines, Vitality has different levels of status. The difference is you can move from Blue to Platinum with Vitality without spending a penny - just by better diet and exercise.
Australia-based multinational hospital group Ramsay Health Care’s disappointing results have seen its share price drop by double digits since close Wednesday. It seems its European segment’s performance did not match that of its other divisions.
Orpea Belgium’s 2022 results are public, and it doesn’t look good. Having suffered a historic loss approaching €400 million last year and with Orpea looking to sell its non core business, we ask a market expert whether and when divestment there looks likely.
Listed Italian hospital group Garofalo Healthcare has re-entered Rome by acquiring rival Aurelia 80. Despite a difficult regulatory environment, HBI hears conditions are set up for the group to thrive.
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