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Making the News

 

0.02% of German prescriptions are apps

HBI hears the first eight months of Germany's digital app reimbursement is viewed as "modestly positive", with statutory insurer AOK saying that it has prescribed 4,700 apps under the framework.

Rede D’Or to build new hospitals with $340m follow-on

Brazil's largest hospital group Rede D'Or has raised $340m in new shares with a follow-on that includes Carlyle selling down its stake. It says it will use the proceeds of the primary offering to build and acquire new assets.

Complex legal case might derail June vote for NMC

Court documents reveal that the administrators of UAE's largest hospital group NMC Health are expecting a formal vote on the restructuring deal in June, as the process is held up by a complex legal case.

Fresenius raising $1.5bn bonds as Covid hits Q1 results

Global dialysis provider Fresenius Medical Care has issued bonds with an aggregate principal amount of US$1.5bn across two tranches. The proceeds will be used for general corporate purposes, including the refinancing of outstanding indebtedness.  

Denmark tenders €250m of homecare contracts

The Danish regions have collectively tendered more than €250m worth of homecare services since the beginning of the year. Municipalities are finally shrugging off a hostile approach to for-profit healthcare, which HBI understands is driven by a desire to avoid further bankruptcies in the sector. 

COVID testing doubles Synlab’s Q1 revenue

Europe's largest lab group Synlab continues to see huge COVID-19 driven growth with organic revenue doubling and EBITDA quadrupling in the first quarter. 92% of that growth came from COVID-19 testing.

medneo targets other markets after UK expansion

Nicolas Weber, CEO of German imaging group medneo, says that the company has had "a great market entry" to the UK. He expects more national openings as demand for imaging soars post-COVID.

No private healthcare bounce back yet

Admissions to private hospitals in the UK are still well below pre-pandemic levels with activity in January and February down on last year. The expected demand boost for private healthcare due to NHS waiting list pressures is yet to materialise. 

Ambea Q1 points to slow recovery for Nordic social care

Recovery in the Nordic social care market is happening slower than expected as provider Ambea expects a hit on revenues and profits in Q1 to continue in the second quarter. Sweden has been particularly badly hit with EBITA down in both its elderly care and disabled care segments.

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