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

Russia

 

MDMG posts impressive 2016 results – and has two more acquisitions in the pipeline

Russian "mother and child" specialist, MD Medical Group (MDMG), saw growth of 28% for sales and 37% for EBITDA year-on-year in 2016. Healthcare Europa understands it has two acquisitions in the pipeline in separate regions of Russia and the group also expects to double capital expenditure on greenfield projects next year.

MD Medical Group expands across Russia

MD Medical Group, the Russian hospital chain rooted in Moscow with the treatment of women and children at its core, is planning to expand substantially. Healthcare Europa caught up with CEO Dr Mark Kurtser at the London Stock Exchange during part of his charm offensive, ahead of an early morning briefing to investors. Shares in MD Medical have doubled in value since June 2016, to £10.65 - so what is Kurtser doing right, and what is he planning next?

Interview: Attila Vegh, CEO, Penta Hospitals Group

By 2025 Penta Hospitals Group (PHG) owned by private equity house Penta Investments, plans to more than triple sales to over €1bn. But growth could be even faster, says its new CEO, Attila Vegh, a former boss of three large English NHS hospital trusts. The real ambition of the group, a merger of Svet Zdravia in Slovakia, the Polish chain EMC and Penta’s hospitals in Czech Republic, is even greater than the sales forecasts suggest. Much of the growth he says will come from working with the public sector. Vegh says that Penta wants to be “a disrupter, a company which introduces best practice and innovation,” thus persuading public payors to rethink their attitude to the private sector. So how do you do that in a region which is becoming increasingly statist and hostile to international capitalism?

Will medical tourists save Russian healthcare operators?

The Russian government is considering creating a new type of visa for medical tourism, as foreign patients are pouring into the country for treatment in light of a weaker rouble. We speak to Victoria Samsonova, director for healthcare at KPMG.

New visa category to be introduced as medical tourism to Russia surges?

Foreign patients seeking treatment in Russia could soon have access to a new category of visas –just for them. According to several reports in the Russian press, the government is considering creating a medical tourism visa as the country experiences a boom in visitors over the past two years.

Sistema may buy new hospital near Moscow

Russian conglomerate Sistema is one of two investors competing to buy up to 51% of a new hospital in the Moscow region for an estimated €11m, according to local reports.

No let up for Russian imagers, says chairman of country’s largest player

Times are still hard for Russian imaging groups despite the rouble stabilising after two years of dramatic decline, says Arkadi Stolpner, the chairman of the country's largest player. Margins should be around 15% this year, he claims, but his business, the Diagnostic Treatment Centre (DTC), will still expand through 12 nuclear medicine centres over the next three to four years.

No let up for Russian imagers, says CEO of Diagnostic Treatment Centre

Times are still hard for Russian imaging groups despite the rouble stabilising after two years of dramatic decline, says Arkadi Stolpner, the CEO of the largest player. Margins should be around 15% this year, he claims, but his business, the Diagnostic Treatment Centre (DTC), will still expand through 12 nuclear medicine centres over the next three to four years.

Find Us