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Turkish ophthalmology chain targets Ghana as part of $50m investment

Turkish ophthalmology chain Batigoz Health Group, which already has clinics in several European contries, is planning to strengthen its presence in a $50m expansion. The group says it is about to receive private equity funding from a major Gulf investor and that it aims to reach Ghana by 2017. It also targets medical tourism. We speak to CEO Pinar Massena.
March 21, 2016

Acibadem charges into Bulgaria

IHH owned-Acibadem aims to create Bulgaria’s largest hospital group by buying the national chain, City Clinic, and the country’s largest private hospital, Tokuda, in an intriguing and complex deal. The move skilfully pre-empts radical change to the market, but could be highly unpopular, says Jivko Ivanov, managing partner at the local consultancy firm, Simbula.
March 2, 2016

Spanish operators target medical tourists

Health tourism in Spain grew sales of €500m, up 20% in 2015. Patients traveling to get treatment are still low - 100,000 per year - but the business cluster Spaincares has set to double the size of the market by 2020.
February 10, 2016

FREE BLOG Things look bright in Colombia

Prospects for private healthcare in Colombia look good. Achieving universal public healthcare for 48m people is impressive but the system is creaking and the government is willing to turn to the private sector to fill tertiary gaps. There is also the prospect of private investors taking over some of the massive vertically integrated payor/providers.
February 1, 2016

Report: Colombia – Tax free zones, HMOs and a friendly government

Few countries offer such exciting opportunities for private healthcare as Colombia. The government has set up a series of tax-free medical tourism hubs for Central America, the Caribbean, Venezuela and Peru. Meanwhile the mandatory insurance system which covers 97% of the 48m population is creaking and big payor/providers could be sold to private investors. Colombia's amalgamation of public, private and not-for-profit insurers and operators faces a severe crisis. Small wonder private equity houses such as Tribeca, SEAF Colombia and Advent International are eyeing the sector.
February 1, 2016

Interview: CARE Hospitals, CEO, Dilip Jose

CARE Hospitals, the Indian chain, has just been bought by the private equity group, Abraaj, in a deal that is rumoured to value the enterprise at 1,850 crores INR (US$273m). Here we speak to CARE’s CEO, Dilip Jose, about future plans and how he expects CARE to function within Abraaj’s international network.
January 22, 2016

Dalian Wanda to put US$2.3bn into healthcare

A Chinese conglomerate owned by the country’s richest man is moving into healthcare, reports Jing Daily. Dalian Wanda will invest US$2.3bn in three private hospitals in Shanghai, Chengdu and Qingdao that will be run by the British operator International Hospitals group. The hospitals should open within "the next few years”.
January 22, 2016

Interview: Mark Britnell, Chairman and Senior Partner for the Global Health Practice, KPMG

Author of the recently published book In Search of The Perfect Health System, Mark has got through three passports in six years as he tours the world looking at healthcare systems. We talk to him about uberisation, telehealth, innovation in elderly care and the role of private healthcare providers as governments around the world roll out statutory healthcare insurance.
December 10, 2015

Private hospital free zones sprawl across Colombia

Colombia's free market government is fuelling the development of the private sector with economic free zones. The main incentives is a cut in corporate tax from 25% to 15%, VAT exemption in procurement and tariff discounts on medtech imports. Five private hospitals have set up as free zones since 2013, more are set to follow.
November 30, 2015

Malaysia targets Gulf

Malaysia is trying hard to attract more healthcare travellers from the Gulf Cooperation Council. In total Malaysia claims to have attracted 880,000 from around the world in 2014 and wants to hit 1m by 2016. To appeal to GCC citiziens, it is offering total Halal treatments.
November 20, 2015
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