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Domiciliary Care

 

Promedica24 continues expansion – sale ‘on the table’

Pan-European homecare group Promedica24 tells HBI that long-term investor ForeVest is considering an exit in the next 1-2 years. Tomasz Brzeziński, CEO and CFO, says that the group has plans to move into Switzerland and Austria as well as diversify its revenue sources in Germany. Brzeziński is one of 100 speakers at HBI 2021, Sept 20-22, the global CEO-level event focused on for-profit healthcare.

Small-mid market M&A round up

As expected, M&A deal flow slowed through August as bankers and executives headed out on summer vacations. HBI has caught up with the mid-to-small-cap deals you may have missed; featuring hospitals, ophthalmology, and homecare. 

Europe’s carer-booking market to pick up with new entrants

Doctor-booking platforms is an established multi-million euro market in Europe. However, platforms that connect families with carers have so far lagged behind. That is starting to change with the emergence of new carer-booking platforms that want to internationalise. HBI speaks to one, Greece's grandmama.

Homecare wages rise as vacancies jump sixfold

Wages in Europe's domiciliary care market have risen up to 15% as the sector scrambles for staff, driven by a sixfold jump in empty vacancies and better protections for governments. This will likely signal a care cost inflation across the continent as one operator tells HBI that the costs will be passed on to the customer.

US homecare tech specialist buys Home Instead

US-based homecare tech specialist Honor Technology has acquired Home Instead, the global leader of franchise homecare services. The deal creates a global homecare group worth more than $2.1 billion in homecare revenue.  HBI chats with sources including Home Instead's UK CEO to find out what the deal means for markets outside of the United States.

EMEA’s Top 100 largest groups by revenue revealed

HBI’s inaugural HBI Health Care Services Top 100 lists the largest 100 companies by EMEA health care services revenue. In total revenue their revenue came to over €105bn - and we've uncovered some surprising winners and losers. 

Irish HomeCare to grow its workforce two-fold

Irish HomeCare has announced a plan to recruit 700 new care workers and 50 full time office staff in the next 18 months, responding to a surge in demand for homecare. If it achieves the target it will double its workforce. HBI speaks John Florence, CEO of Irish HomeCare to find out more.

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