Large scale healthcare services M&A has been mostly on hold in Europe for almost three years now. Despite all the economic and geopolitical uncertainty the world is currently facing, 2025 will probably see more activity.
UK-based travel insurer Staysure has warned of the financial risk of cheap cosmetic surgery abroad amid an uptick in botched procedures. HBI looks further into the drivers of British patients seeking cosmetic surgery abroad (typically across Europe), the market differences, which treatments are most in demand, and the apparent risks.
The Southeast Asian country Malaysia has recently witnessed a surge in private healthcare investments. This is particularly evident in the country’s top for-profit hospital provider IHH Healthcare’s latest acquisition of Island Hospital, a 600-bed private facility in Penang, Malaysia, for £970 million from the private equity (PE) firm Affinity Equity Partners. The Malaysian healthcare sector ripe for healthcare PE investments.
Listed pan-Asian hospital group IHH is acquiring Island Hospital, a 600-bed private hospital in Penang, Malaysia, for MYR 4.2 billion (~$970 million). The acquisition will bring IHH’s total Malaysian hospital footprint to 18.
At last year’s conference Hedley Goldberg, Managing Director at multinational investment bank Rothschild, predicted healthcare M&A activity would begin picking up again in Q4 2023 or Q1 2024. But we’re now halfway through 2024 and there are still very few deals above €500m taking place. Goldberg is confident, however, that we have now passed through the bottom of the cycle.
HBI attended the Global Health Exhibition in Riyadh, Saudi Arabia, and saw first-hand how the country is changing ahead of its 2030 transformation plan. Here are our three key takeaways from the event.
On Wednesday HBI hosted a webinar on the huge opportunities for health care services providers and investors in Saudi Arabia, as the country privatises large swathes of its health care system as part of its Vision 2030 plan to reform and diversify its economy. What were the key takeaways?
Who are the Global Top 50 Health Care Service Companies by market cap and what does this tell us about the industry? What is striking is how very few of the top 50 are now EMEA companies - just 13, and of those only four are headquartered in Europe, rather than the Middle East or South Africa.
HBI catches up with Annabelle Neame, vice president for new markets and innovation at top five UK hospital player HCA UK, and hears how HCA and others are using concierge services to help tourists navigate tricky foreign patient pathways as London is increasingly “more on the map” for health care tourism.
Our annual conference took place earlier this week in London. Over a jam-packed three days of HBI 2023, an impressive array of delegates from across Europe and beyond gathered in the heart of London and shared their insights into the myriad challenges and abundant opportunities the sector faces, and offered their views on how some of them might be addressed. Here are some of our key takeaways.
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