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Making the News

 

Special report: How rationing care in the pandemic is killing the elderly

People over the age of 80 are up to three times more likely to die of a COVID-19 infection in countries using rigid rationing guidelines that can exclude the elderly from intensive care - and sometimes even from hospital. HBI's extensive analysis of death, hospital and ICU data reveals that Sweden has lost eight times more, England seven and the Netherlands six of its elderly population compared to Germany. In a special report, we explore how rationing killed the elderly.
November 26, 2020

Emerging market lab roundup

HBI rounds up the latest news from the world's largest emerging market laboratories, including Grupo Fleury in Brazil striking a deal with a rival, and lab activity normalising in India.
November 19, 2020

NMC beats 9-month forecast, lenders submit claims, and EY faces “£1bn+” lawsuit

In-administration global operator NMC Health's revenues are nearly 10% ahead of its business plan for 2020, while the deadline for creditors to submit claims has passed. Meanwhile, administrators Alvarez & Marsal (A&M) are reportedly preparing to sue accounting firm EY over its auditing of NMC for a reported £1bn or more.
November 19, 2020

COVID vaccine: Shot in the arm the markets needed?

Pfizer shares rocketed 15% on Monday with news of a vaccine that's more than 90% effective. But lab and telehealth shares plummeted upon the announcement while hospitals, care homes and outpatient groups recouped some of their YTD losses. HBI explores what a vaccine might mean across the five sub-sectors.
November 12, 2020

Patients starting to avoid care again in Poland

The Polish national payor has recommended that electives be delayed to reduce the risk of COVID-19 infections. HBI hears that after a good summer of business people are again starting to avoid physical care. That could plunge the market back into the dark months of lockdown, which saw one operator considering firing 70% of its staff.
October 29, 2020

Evercare Lagos hospital to open in December

Evercare Group, the operating platform held by the (ex-Abraaj) $1bn Evercare Health Fund, aims to open its Lagos hospital in December this year, Evercare Group CEO Massimiliano Colella tells HBI.
October 22, 2020

Veritas Intercontinental raises €5m as it off-shoots from ailing US business

Veritas Intercontinental, the spin-off of US genome sequencing group, Veritas Genetics, has raised €5m from existing investors to help finish building a new lab in Spain. CEO Javier de Echevarría tells HBI that the money will help to establish its independence from its former parent company which temporarily ceased US trading last year. 
October 15, 2020

KRY ‘steals’ patients as it moves into capitated model

Swedish B2C telehealth player Kry has registered 14,000 patients in its first health care centre in Sweden, which comes as it's been forced into the capitated funding system. The start-up has been criticised for not making it clear enough to patients that they would be de-registered from their physical healthcare practice.
October 15, 2020
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