Telehealth company Babylon will be merged with digital neurotherapy company MindMaze and taken private by its creditors. HBI catches up with two digital health experts to discuss what happened to Babylon and what the sorry saga means for the market.
High borrowing costs are making large scale health care real estate acquisitions funded by debt unprofitable in Europe, according to a consultant we spoke to at HBI 2023. Instead, investors are concentrating on smaller acquisitions financed purely by cash.
“Normally I begin by presenting lots of M&A activity over the past 12 months and a rosy outlook,” Hedley Goldberg, managing director at multinational investment bank and financial services company Rothschild & Co., told delegates at the M&A Landscape plenary session at HBI 2023, “but today is not that day.”
San Donato, the largest Italian hospital group, continues to expand in the Middle East under the influence of Kamel Ghribi, the Tunisian entrepreneur who has deep links with the Rotelli family who own the business. But sources say moves to find a minority investor in San Donato have ended. President Paolo Rotelli said the group was taking a sabbatical from investing in 2023 after spending nearly €500m on new hospitals.
A glut of small outpatient clinics in Germany are coming to market as uncertainty grows over the nature of the reforms which federal Minister for Health Karl Lauterbach may be able to pass - but there are questions about the limits of Lauterbach's power.
The health care sector is set to change dramatically over the next five years. Our panellists look at how and at what this means for anyone running a scale business in the sector. We start with a presentation from Chinta Bhagat, partner at L Catterton which looks at the elision of wellness and health care services, […]
Environmental, Social and Governance frameworks are of vital importance, following a series of scandals which have had a huge impact on brands and share price. A good ESG framework can justify a higher valuation for healthcare businesses. This session at why it’s crucial to get ESG framework right. Therese Lennehag, Head of ESG Advisory EMEA, […]
Healthcare Business International users cookies to improve the functionality, performance, and effectiveness of our communications. Detailed information on the use of cookies is provided in our Cookies Policy. By continuing to use this site, or by clicking "I agree" you consent to the use of cookies.
