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Making the News

 

Bupa ‘Global and UK’ CEO set to leave

Bupa is replacing its ‘Global and UK’ market unit CEO David Hyman in one of the first senior changes under new group CEO Iñaki Ereño. Full-year results show flat revenue and a 4% drop in underlying profits.

Babylon makes triple hires from US tech scene

UK-based digital health company Babylon has hired a trio of new senior management personnel from Amazon, Expedia and Brex. The tech unicorn says the new leadership will work on US-based growth this year. 

EMEA hospital sector finishes 2020 strongly

Private hospital operators across Europe, the Middle East and South Africa had a good last few months of trading in what was a turbulent 2020, but the start of 2021 looks tougher. We talk to operators across the region.

Amedes for sale as Synlab forecasts future organic growth to settle about 3%

Europe's largest lab group Synlab forecasts that it will see 3+% of annual organic growth over the mid-term, saying that testing will remain a core part of pandemic control. Other lab groups clearly agree with that punt, with news that smaller rival Amedes reportedly is preparing for sale.

NHS reform could give patients choice to seek private care

Population health is at the centre of a new NHS England reform that will give purchasing power to local, integrated health bodies across the UK. At first glance, the white paper points to less work for the private sector, but a new procurement system could tip it towards the system seen in Europe, where the local body often acts as a payor and the patient has a much wider choice of provider.

Elsan to “refrain from sizeable acqusitions for 12-18 months” after C2S deal

Credit rating agency Moody's understands that France's largest for-profit acute hospital group Elsan will "refrain from sizeable debt-funded acquisitions such as Groupe C2S over the next 12 to 18 months and focus on bolt-on acquisitions," after downgrading its debt rating outlook to 'negative' following an increase in leverage from its the deal. We talk to Elsan and L.E.K. France.

Efficiency innovations becoming added-value for oxygen suppliers

Many oxygen suppliers have been continuously hostile to innovation that could make delivery more efficient, HBI hears. The pandemic has renewed attention on supply, pricing and patient outcomes leading to some to reassess the approach. HBI speaks to one medical device company that claims to save up to 80% of oxygen for an inpatient. 

UnitedHealth Group appoints new CEO

UnitedHealth Group, the largest health insurance firm in the United States, has appointed a new CEO.  Andrew Witty will take the helm from outgoing CEO David Wichmann, following his three-year tenure.

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