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Making the News

 

IHH audit committee chair opposed to Fortis deal

While the majority of board members of Malaysian-Singaporian healthcare giant IHH voted to support its acquisition of beleaguered Indian hospital group Fortis, there was one notable exception.

Aster DM full-year results show slow pivot to India

India and GCC hospital group Aster DM has revealed revenue and EBITDA growth of 13% and 79%, respectively, in its first annual report since IPOing in Mumbai in February this year. The increase in the proportion of revenues made in India shows the group's pivot towards that market, although it is sticking to the safe haven of larger cities.

Ukrainian free market “creating opportunities for investment”

Earlier this month, the Ukrainian government set in motion sweeping healthcare reforms that will allow citizens to sign contracts with private providers for the first time. Healthcare Europa speaks to Michael Amsel, CEO of Lissod, a private oncology hospital in the ex-Soviet state, about the investment opportunities this newly-created free market could engender.

Diaverum nearly doubles revenue in Romania

Global dialysis provider Diaverum saw 76% revenue growth in Romania in 2017 according to the Ministry of Finance. The impressive figures comes as speculation continues over the future of the group's Saudi Arabian contract.

UK care home preparing for £2.5bn sale

Healthcare Europa understands that the owners of Barchester Healthcare, the UK's third-largest care home group, have approached JP Morgan to prepare for a sale that could value the business at £2.5bn (€2.8bn).

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