Australia-based multinational hospital group Ramsay’s half year results have gained a positive response from shareholders. But the work is not yet done on the firm’s flagging European segment.
Rumours are circulating that San Donato, Italy’s largest for-profit hospital group, is about to IPO. HBI speaks to an Italian market expert to see how likely this is.
Embattled French nursing home group Orpea has announced it will pursue a reverse share split on all outstanding company shares. This means current shares which are valued at around €0.01 each will be exchanged for new shares valued at €10 each, at an exchange rate of 1,000-for-one.
Positive results from three Finnish healthcare giants indicate the market is on an exciting trajectory. Janne-Olli Järvenpää, CEO of Mehiläinen, the largest of the three groups, explains the opportunities for both outsourcing and private-pay - and how independent operators can make the most of booming demand in what may be Europe's "most advanced healthcare market in terms of private-pay".
Listed Malaysian hospital group KPJ Healthcare is selling non-core assets it holds outside of Malaysia to focus on its Malaysian hospital segment. It has already fully exited Indonesia and plans to fully exit Australia within the next two years, and may also exit Bangladesh. It still has a hospital in Thailand which it has no plans to sell, as it is focused on medical tourism - a key part of the company's strategy going forward. The company reported strong results for 2023, with revenue up 19% and core net profit up 61%.
For-profit hospital groups in Germany are not immune to the cost pressures which are causing many public hospitals to become insolvent. But the CEO of Germany’s fourth largest group, Ameos, tells us the restructuring of Germany’s hospital sector is necessary, and that for-profit groups may ultimately benefit by gaining greater market share.
Livi, the UK and French brand of Sweden-based digital health and primary care provider Kry, has extended its contract with insurer Vitality. The group’s COO explains why partnering is key to digital-first providers.
Resting somewhere at the intersection between hospitality and care sits the burgeoning niche of luxury retirement villages. HBI sits down with the wellbeing director and chief commercial officer at London-based independent living facility Riverstone to learn more about this budding market.
The UK government has announced plans to improve dental access, including offering dentists who set up NHS-serving practices in medical deserts £20,000 “golden hellos”. Five expert sources explain what this means – or doesn’t mean – for business.
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