Pro Tip: Learn how to use HBI Alerts to follow your favorite topics

Property Investors

 

Turkish operators ignore ceiling

Perhaps we are a little thick, but we’ve finally worked out how Turkish private operators manage to live with the government’s requirement that they charge patients an excess of no more than 30%-70% of what the state pays for their treatment. They ignore it! Meanwhile, hopes that the ceiling might be abolished look wide of the mark....

Ameos appoints Commerzbank to raise capital

German hospital and pyschiatric home chain Ameos has appointed Commerzbank on a non-exclusive basis. CEO Axel Paeger denies rumours that Ameos is for sale and explains why it is looking for a capital increase....

Interview: Walther Wever, CEO: Curanum

We talk to Walther Wever, the new chief executive at German care home group Curanum about his plans for the listed company, where Triton Advisors recently took a 17% stake. Wever is an industry newcomer and was formally CEO at battery maker Varta Automotive AG. Curanum, which has consistently failed to meet analyst expectations over the last three years, saw 2010 sales rise 1.5% to €256.8m and made a pre-tax loss of €16.9m after one-off effects as Wever cleared out liabilities....

Interview: Joan Barrubés, partner, Antares Consulting

We talk to Joan Barrubés, a partner director at Antares Consulting, who specialises in private sector healthcare in Spain. Antares is a leading consultant in healthcare in Spain and also has offices in Brussels, Lisbon, Lausanne, Paris and Sao Paolo....

Axa backs EUR150m bond for Biomnis

Biomnis, the large French reference laboratory group owned by Duke Street, which is also in Ireland, has raised EUR150m via a six year private bond issue with Axa Private Equity to expand its operations. We look at where and why....

Cornerstone pulls plans for Pan-European healthcare property fund

Cornerstone has failed to find enough interest to launch a Pan-European healthcare fund run by Ingrid Hulshoff, the former ING manager and has pulled the project. We talk to Cornerstone about why and the reaction of would-be institutional investors to test marketing....

Interview: Filippo Monteleone, directeur generale, Generale de Santé

With 2010 sales of  €1.93bn, Generale de Santé is by far France’s largest private hospital group in what is Europe’s largest private hospital market.  The company works almost exclusively for the French public payor which pays private operators a tariff which is on average around 30% lower than that paid to public hospitals.  Although listed, only 2-3% of Generale de Santé shares actually trade and the company has a reputation for being somewhat secretive and an unwilling communicator. We talk to Monteleone about strategy and how GdS perceives the French market....

All dressed up and nowhere to go

We report on the results of the top four German private hospital groups who together have a market-share by sales of around 7% of the total hospital sector and over a third of the private hospital market. Where do they go now?...

Interview: Axel Paeger, Chief Executive, AMEOS

In nine short years, Dr Axel Paeger has built AMEOS into one of Germany’s ten largest private hospital group with 2010 sales of €377m. AMEOS is unusual in many ways. Its main backer is not private equity or stockmarket investors but rather Quadriga, an investor representing family offices. AMEOS is looking beyond Germany and already is engaged in Poland and has a unit in Austria. We talk to Paeger about the AMEOS business model....

Find Us