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Hospitals

 

FREE BLOG New HBI pipeline tool reveals long-held investments 

Nearly a third of all private equity-owned health care businesses in Europe have been held for at least five years, according to the new HBI Deals Pipeline tool. That suggests many private equity houses are struggling to sell on their investments.

Kenyan NHIF C-section costs soar

C-sections now account for a third of all maternity costs under Kenya's national health insurance scheme, with some experts concerned that operators have been cashing in on inflated prices.

Another private hospital in the UAE closes down

The Dubai Health Authority (DHA) has shut down a private hospital for three months, citing regulatory non-compliance without naming the facility. HBI sources indicate which one it might be.

Former Abraaj health fund’s platform appoints new CEO

Evercare, part of what was formerly the Abraaj Growth Markets Health Fund (AGHF) and now managed by global PE firm TPG, has appointed a new CEO to oversee its hospitals and clinics in India, Pakistan, Kenya and Nigeria.

Humanitas may buy Regina Maria

Conglomerate-owned Italian hospital group Humanitas is in the process to buy Romanian healthcare group Regina Maria. HBI understands Mid Europa tried to sell the company before summer without success, possibly because of the price.

Interview: Abhay Soi, Chairman, Max Healthcare 

An outsider who doesn’t believe in “old answers” and wants to ‘’do things differently’’, Soi, 46, has big plans for the about-to-be-merged Max and Radiant businesses. The large Indian hospital chain is backed by private equity firm KKR-with 12 large and metro-based hospitals and 4 day-care centres, with 2019-20 expected sales of INR 4,200 crores (US$631m), making it second only to Apollo He talks exclusively to HBI about his plans and where he sees growth. 

Unilabs and Ribera Salud JV loses lab outsourcing contract

BR Salud, the Spanish JV owned by Unilabs and Ribera Salud, has lost its multi-million euro public contract to the country's fourth-largest lab group Analiza. It was worth, HBI estimates, 15-20% of Unilabs' Spain revenue.

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