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Medicalised Homecare

 

Five super-regions promise radical reform for Finland

The Finnish government, a coalition between the centre right and the social democrats, is proposing that all publicly paid for healthcare and care services should be procured by five new super regions. They would take over purchasing these services from the 320 municipalities who handle elderly and primary care and the 20 hospital regions who run acute care. But will the new regions actually take over the public nursing homes and hospitals or merely procurement of services? The move is seen as a potential bonanza for the private sector. Is this correct? We talk to Prof. Juhani Lehto about the odds on change.

Spain to pioneer new homecare models

Spain is set for radical change in how it handles elderly people, says Jorge Guarner of SAR Quavitae, the biggest private nursing home operator. “The Spain of five years ago with unlimited budgets has gone for ever. This means much more innovation and a realisation from regional governments that they can’t do everything.”

Korona claims the best

Specialising purely in investing in health care services has paid off for Finnish fund Korona Invest.

French government puts on the squeeze

The French government has said it wants to limit rises in its €185bn healthcare budget to 1.75% a year, down from 2.5%. Meanwhile, all sectors are on tenterhooks ahead of the announcement of the new healthcare tariffs in early March 2014. None are so desperate as the private hospitals. Their trade association, FHP-MCO, claims the key MCO (Medicine, surgery and obstetrics) tariff has risen by a total of just 1.17% over the entire eight years to 2013. That is against general inflation for the period of 11.82%. We hear that the state now wants to CUT the tariff by 0.5-1%!

Finnish property sector grows

Healthcare property is selling in Finland, as BPT Asset Management raises a second fund. We talk to fund manager Jussi Rouhento.

Van Gelder to quit Mediq

Marc van Gelder, the 52-year-old CEO of Mediq, the international distributor and direct-to-consumer medicalised homecare player, is to step down little more than a year after private equity house Advent took the group private for €775m in early 2013. His replacement has yet to be found.

Interview: Stuart Fletcher, CEO, Bupa

It has been a busy year for insurer, hospital operator and care group Bupa. New CEO Stuart Fletcher is spending roughly £1.25bn to buy businesses in half a dozen countries across the world. That includes the planned acquisition of Cruz Blanca, a Chilean service provider and insurer, as well as the purchases of Quality HealthCare (a network of 102 outpatient clinics and 500 affiliates in Hong Kong), Richmond Villages (an assisted living business in the UK), LUX MED (the largest subscription healthcare operator in Poland), ten nursing homes in Australia, and dentists here, there and everywhere. All this is part of the Bupa 2020 master plan, which will see the world’s largest player in ex-pat insurance deliver far more integrated care. We talk to Fletcher to find out more.

Korian/Medica merger to create new care giant

Europe's - and, by some measures, the world’s - largest nursing home group, with pro-forma 2012 sales of €2.2bn, 57,000 beds and 600 units, has been formed by the planned merger of French giants Medica and Korian. What are the real synergies between the companies, and what will be the merged group’s strategy? We take a look, while Korian CEO Yann Coleou, who will be the CEO of the merged group, is speaking at the annual Healthcare Europa conference on March 13, 2014.

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