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Poland

 

COVID-19: Care sector confronts crisis, hospitals hit hard

In the second of our two-part deep dive into how COVID-19 is hitting healthcare markets across EMEA, we ask how hospitals are coping with spiralling staff sickness and a flood of patients, and whether the care and dialysis sectors can stay afloat given the risk the virus poses to their most vulnerable patients.
March 12, 2020

Health care service write-offs drive losses at Bupa

Bupa, the global healthcare insurer and healthcare operator went from pre-tax profits of £502m in 2018 to a loss of £78m in 2019, thanks mainly to huge write-offs in its UK dentistry business and Australian care homes. But stripping out write-offs, underlying profitability still plunged 31%. Revenue rose just 4%. Why, and what does this tell us about Bupa and its future?
March 11, 2020

Employer-pay growth loses to individual at big occupational healthcare groups

Occupational healthcare groups Medicover and Terveystalo are growing revenue at upwards of 25%, much faster than the 6-9% seen in other publicly listed groups so far this year. Historically employer-funded, individual pay is now growing three times faster than corporate. With Fresenius Helios setting out occupational healthcare expansion plans, what is the future of corporate pay?
February 26, 2020

Interview: Marcin Lukasiewicz, MD Hospital Services Poland, Medicover

HBI talks to Marcin Lukasiewicz, managing director for listed pan-CEE healthcare group Medicover's Polish hospital division, a c.€100m business. What are the prospects for the private Polish hospital market, considering the virulently anti-private sector PiS government was just re-elected for another four years?
January 8, 2020

Penta hospital sale looks less likely

The failure of Slovakian opposition parties to build a coalition or push through a bill banning verticalisation in healthcare could make a minority sale of Penta Investments's CEE hospital business PHI less likely.
December 5, 2019

Life’s Polish pullout points to wider woes in market

Life Healthcare confirmed last week that it was looking to exit its Polish hospital business, Scanmed, citing further regulatory changes. Other investors are also looking to leave the country and assets that were expected to sell remain unsold. What went wrong in a market we once described as "stuff as dreams are made of"?
November 28, 2019

FREE BLOG New HBI pipeline tool reveals long-held investments 

Nearly a third of all private equity-owned health care businesses in Europe have been held for at least five years, according to the new HBI Deals Pipeline tool. That suggests many private equity houses are struggling to sell on their investments.
October 31, 2019
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