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Post-acute Rehabilitation

 

Chinese operator spends $700m in Australia

Healthe Care, Australia’s third largest hospital operator, sold to Chinese provider Luye Medical Group for $700m (A$938m). Luye aims to import Healthe Care’s management expertise to China and is planning a $234m (A$300m) hospital expansion plan in Australia.

Marcel Hermann quits at Médipôle Partenaires

Marcel Hermann, who founded Médipôle Sud Santé in 2006, has quit as president of Médipôle Partenaires, now the third largest French hospital group. He had been named in the ‘Panama Papers’ scandal suspected of tax evasion. There are rumours that the group could IPO as soon as the autumn of 2016.

Emirates Hospital buys 60% of Slovakian rehab specialist Adeli

Dubai-based Emirates hospital is to buy 60% of children neuro-rehabilitation Slovakian specialist Adeli. Pramod Balakrishnan, CEO of Emirates Hospital, says the group plans to open five centres in the UAE, Kuwait and Qatar to provide follow-up care to patients returning from Slovakia.

Gulf States to boost PPPs, eHealth, preventive care and long-term care

In its comprehensive annual report on the healthcare industry in the Gulf Cooperation Council (GCC) states, private equity house Alpen Capital explores current trends. Projecting the GCC total private and public healthcare market to grow 12.1% to $71.3bn in 2020, it highlights population growth, the introduction of health insurance and rising healthcare costs as key drivers –resulting in the development of PPPs, eHealth, preventive care and long-term care.

Caretech and Alpha go shopping

London-listed UK disability care group Caretech Holdings has acquired Oakleaf Care, a Northampton-based 102-bed provider in acquired brain injury (ABI) for £20.3m. We talk to CFO Michael Hill about Caretech's partnership with real estate developers, Cambian's flop and the NHS's steps to consolidate the sector.

Trilantic buys into Italian rehab

Private equity house Trilantic Europe is investing €66m for a minority stake in Italian rehabilitation centre Fondazione Salvatore Maugeri. Vittorio Pignatti Morano, chairman of Trilantic Europe, tells Healthcare Europa how the group intends to expand through private sector acquisitions and partnerships with the public sector.

Interview: Dr André Schmidt, CEO, Median

Merging Median and RHM has created Germany’s largest rehabilitation network with sales of €700m in 2015. André talks about his vision of creating optimised clinicial pathways which span acute care through to inpatient rehab and on to outpatient care and ehealth wearables. Andre is speaking at the Healthcare Business International 2016 conference on April 26-27 in London – click here to see the agenda.

New $9.5m rehab centre in Dubai targets Gulf patients

Austrian high-end rehabilitation provider Wagner Health and Care has opened a new 48-bed centre in Dubai for Dh.35m ($9.5m), targeting Gulf patients travelling abroad. Wagner Health and Care runs 19 rehabilitation facilities in Austria and is part of several high-end rehabilitation projects in China. We speak to Ulrich Schwarzbauer, general manager of the Wagner Health and Care Dubai practice.

Asklepios plans expansion

Asklepios, the big German hospital chain, is sitting on €560m from its Schuldschein issue and would hav eaccess to other lines of credit. We talk to its owner, billionaire Berndt Grosse Broermann, about the sectors and geographies where Asklepios, 2015 revenue estimated at €3.15bn, plans to grow.

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