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2m customers for cloud-based Patients Know Best

Patients Know Best (PKB), a cloud-based platform that puts patients in control of managing their online medical records, has grown from a 2008 UK start-up to being active in eight countries. It claims to have succeeded where Google, Microsoft and the NHS failed. We speak to founder Dr Mohammad Al-Ubaydli who claims he will have 2m patients by the end of 2015.
April 23, 2015

Luz Saúde suceeds with foreign patients

Luz Saúde, the second largest Portuguese hospital chain, has more than doubled sales from medical tourism to €18m in seven years by bridging the cultural gaps between its Lisbon hospital and international patients, according to a presentation at the IMTJ Summit.
April 17, 2015

Warburg Pincus sells stake in Metropolis

Warburg Pincus has sold its 27% stake in Metropolis, the third largest Indian diagnostic lab chain, to the Shah family who run the business. Metropolis is also active in a half a dozen African countries and the UAE.
April 14, 2015

Medsi profits drop as uncertainty looms in Russia

Russia’s largest private hospital group Medsi saw net profits fall over 40% in 2014. Medsi is still paying the price for two-year-old decisions, a lack of strategy and wider economic factors. Russia desperately needs an injection of capital but red-tape still dogs private investors, both foreign and local.
April 2, 2015

Report: South Africa: Trouble in the Rainbow Nation?

South Africa is embarking on an ambitious process of reform to redress its historic imbalance in healthcare delivery. The National Health Insurance policy envisions far-reaching change in both the payment and provision of healthcare. The enormously successful private sector, however, has been left in the dark over its future role. What does the future hold for this $30 billion private healthcare market?
April 1, 2015

Report: Turkish government drives medical tourism

The Turkish government sees medical tourism as a key source of foreign exchange and has put in place measures to support the industry. Revenue from the sector is expected to contribute $20bn per year under the government’s 2023 vision, which marks 100 years since the birth of the Turkish state. Healthcare Europa ask what this means for the industry and who can be expected to benefit.
March 27, 2015

FREE BLOG Borrowing the best

One of the striking things about Richard Ajayi, boss of Nigerian healthcare group Therapia who we interview here, is the way he has formed a whole network of international alliances to bring healthcare services to Nigeria.
March 24, 2015

$500m investment in Russian and East European nursing homes

French elderly care group GDP Vendôme will assist Russian property developer Glubina, to develop a network of nursing homes in Russia and Eastern Europe over seven years. It follows what look like similar deals in China for GDP Vendome and rival Orpea.
March 19, 2015

Interview: Patrick Gontard, CEO, Citilab, CEO and Founder, Gontard & Cie

Total cost of ownership (TCO) models have increased EBITDA margins by 10-15 percentage points in the lab sector and can be used in any area of healthcare, says Gontard. A Swiss economist, he has perfected his model over 15 years, working first for Viollier, the second largest Swiss lab group, then at Integrated Diagnostics in Egypt and now at Citilab probably the second largest lab group in Russia. Gontard is speaking on TCO at Healthcare Europa 2015 on April 28 in London.
March 13, 2015

Report: Ophthalmology – Through a glass, darkly

Thanks to the Crash, there has been a massive fall in lower-end laser surgery. Nonetheless, there are several consolidators in ophthalmology. How are they doing and what are their prospects?
February 20, 2015
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