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Psychiatry and Mental Health

 

Interview: Päivi Metsäniemi, Chief Physician and Juha Tuominen, CMO, Terveystalo

Terveystalo, Finland’s largest private healthcare provider, has developed a monitoring and data analytics package to better identify patients at risk of or suffering from type 2 diabetes. The group says it could help the country save €2bn a year and that it is already making a profit from Etydi. We speak to Päivi Metsäniemi, Chief Physician, and Juha Tuominen, CMO, at Terveystalo, who have applied to the HBI 2017 awards in the Best Use of Digital Health category.
March 2, 2017

Ambea to further expand in Norway

Swedish elderly care and social care provider Ambea has completed its acquisition of disability care specialist TBO Helse - its third acquisition in Norway in this field in less than a year. Daniel Warnholtz, CFO of Ambea, explains the group sees strong potential in the market.
January 11, 2017

Interview: Daniel Öhman, CEO, GHP

With 18 facilities across Sweden, Finland and the UAE, GHP has pioneered “holistic” centres, each focused on specific conditions. So someone with a back problem can get physiotherapy, surgery, osteopathy and even psychiatry from one centre. GHP is also now managing four hospitals with 700 staff in the UAE. We talk to Öhman about GHP’s work with Swedish insurer Skandia which now pays the company on a per capita/quality basis for patients with orthopaedic and spine problems, conditions which make up nearly half of all pay-outs for insurers. We think this move to per capita payments for such conditions from some form of DRG payment is unique in Europe.
December 2, 2016

Profits – and share price – fall at Life Healthcare

Shares in the South African group Life Healthcare were flat this morning, after falling last Friday following news of an 11.6% fall in after-tax profit in FY 2016 results. Margins fell to 27.5% in Southern Africa and 10.2% in Poland as the rand depreciated and the Polish government cut cardiac tariffs by 17.4% this year. Operating performance, however, was largely strong, contributing to a 12% increase in sales to R16.4bn (US$1.14bn) and 6.6% in EBITDA to R4.3bn (US$0.3bn).
November 14, 2016

Capio results show it coping with French tariff cuts

Pan-European operator Capio’s third quarter results show the group has fully compensated for the French government’s tariff cut of 2.15% and reports strong growth in patient volumes in the country. We speak to CFO Olof Bengtsson.
November 4, 2016

Private equity house buys 22 Priory Group facilities for £320m

Private equity house BC Partners is buying 22 mental health hospitals from Acadia-owned Priory Group for £320m. The deal comes as Acadia remains under pressure to comply with competition laws after its purchase of Priory Group for £1.3bn in January 2016.
October 19, 2016

Life Healthcare on a $1bn European hunt

Life Healthcare wants to spend up to US$1bn in a European country, where English is the business language, and is open to occupational healthcare, dialysis, mental health, oncology and more.
September 20, 2016

PAI and SAR waiting to resume negotiations

Private equity house PAI Partners put negotiations to buy 100% of Spain's largest care group SARquavitae on hold in late July. Sources told Healthcare Europa that the price has already been set at €500-550m, roughly 15x EBITDA. But there are discrepancies on how to formalise the agreement. We're still waiting for official talks to resume after the summer, which otherwise could close this very month.
September 8, 2016

UK healthcare faces up to Brexit

The UK has voted to leave the EU unleashing economic and political turmoil that has taken the legs out from under Sterling, ignited press hysteria and will likely see the leaders of both major parties replaced. As always, the NHS was front and centre during the campaign. But concerns for healthcare more broadly, including the private sector, are numerous. We talk to investors, operators and advisors.
July 1, 2016
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