Russia

 

Interview: Arjan Toor, CEO, Cigna Europe

Cigna now describes itself as “a global health service company” rather than an insurer and has reorganised its European operations. Toor has recently been promoted to CEO Europe. He says that the insurer, which has 15% (US$840m) of its revenue in Europe, doesn't want to verticalise through owning primary care providers but wants instead to provide an end-to-end user experience.
July 21, 2020

Medsi’s parent company develops new test for COVID-19

Sistema, the conglomerate which owns Russia's largest private healthcare group Medsi, has developed a test through its biotech arm which can be rolled out across Medsi's clinics. It may be one of the only major private healthcare providers anywhere which is under the same ownership umbrella as a biotech company developing new tests.
April 30, 2020

Interview: Andrey Yanovsky, CEO, European Medical Center

HBI talks to the CEO of Moscow-based hospital operator European Medical Center (EMC), Andrey Yanovsky. He discusses its recent investment by a Russian billionaire, working with the state insurance fund and EMC's IPO prospects. 
March 4, 2020

Russian billionaire buys Baring Vostok’s EMC stake

PE firm Baring Vostok has offloaded its 27.8% stake in Moscow hospital European Medical Center to MedInvestGroup, the company of billionaire Viktor Kharitonin which is building a national oncology network. It coincides with reports that the court case against Baring founding partner Michael Calvey might soon be wrapped up.
February 19, 2020

Orpea’s Russian projects to take off in 2020

European nursing home giant Orpea, through its rehabilitation arm Clinea, signed MOUs in 2018 to build three clinics in Russia. This year, construction will start on two of these facilities and Orpea will also build a nursing home, its first entry into senior residential care in the country. We interview the CEO of Clinea, Emmanuel Masson.
January 30, 2020

Medsi launches franchise model to grow clinics

Russian hospital network Medsi, backed by listed investor Sistema Capital, has launched a franchise model to grow its network of clinics. The move could be a way for the group to expand beyond Moscow where most of its business is concentrated.
November 27, 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

Medsi set for Russian clinic chain acquisition

Russian publicly-traded investor Sistema and its healthcare network Medsi is in talks with Russia’s largest insurance private company AlfaStrakhovanie to buy 100% of its Alfa Health Center clinics, according to the Russian press.
October 18, 2019

Interview: Artem Sirazutdinov, Sistema and Medsi

By any measure, Sistema backed Russian healthcare network Medsi is doing rather well. Its most recent financial reports saw H2 revenue growth of over 40%, and the company continues to grow geographically. HBI caught up with Artem Sirazutdinov, chairman of the Medsi Board of Directors and a managing partner at Sistema, to find out more.
October 9, 2019
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