Wholesale outsourcing to the private sector looks set to go ahead in Saudi Arabia.
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French industrial and healthcare gases giant Air Liquide has entered the medicalised homecare market in Saudi Arabia, with the acquisition of what, it claims, is the largest player in the respiratory homecare sector.
January 5, 2018
London-listed GCC healthcare provider NMC Health plans to expand in GCC through small acquisitions, expand further into MENA, and potentially move into other emerging market countries through operation and maintenance contracts (O&M), while expanding its fertility segment globally. We speak to NMC to find out more.
December 20, 2017
Talk of an explosion in private sector opportunities in developing the Saudi health sector abound and are getting active attention from Houston to New Delhi.
December 5, 2017
VPS Healthcare, the GCC/Indian hospital and generic drugs group, with 2017 sales of about $1bn, plans to IPO within 2-3 years. Meanwhile, it wants to invest $150m in Indian hospitals. VPS founder 40 year-old Dr Shamsheer Vayalil, has also just launched a private equity fund Trovant Capital which has made its first investment buying a hunk of Amanat, a GCC fund which is investing (rather slowly) in healthcare and education. We caught up with him in London.
November 22, 2017
Laureate Education Inc, the NASDAQ listed private university chain, has agreed to sell for-profit European University Cyprus (EUC), which has a medical school and the only accredited dentistry program in Cyprus. We hear other European assets may follow.
November 22, 2017
Crown Prince Mohammed bin Salman has made a show of detaining high-ranking officials and seizing assets as part of what he says is a plan to modernise Saudi Arabia. We ask well-placed contacts what this high-profile shakeup might mean for the healthcare privatisation drive, and foreign investment into the sector.
November 21, 2017
Public sector education is failing to build the nursing and doctor capacity that is needed around the world. We talk to academic Kevin Kinser at PennState University in the USA who specialises in tracking the for-profit tertiary education sector about the sector in general and about healthcare specifically. This is part of a series of articles on medical training and the private sector.
October 26, 2017
UAE-based NMC Health is expanding in Saudi Arabia with two hospital acquisitions and two recently-approved greenfield developments. We speak to the company about these acquisitions and future expansion plans.
September 28, 2017
A new report suggests the MENA region’s five major cities will need 10,500 new hospital beds over the next five years – the equivalent of 70 new hospitals. Healthcare Nova speaks to the report author and to a government adviser who thinks he is wrong.