Russian publicly-traded investor Sistema and its healthcare network Medsi is in talks with Russia’s largest insurance private company AlfaStrakhovanie to buy 100% of its Alfa Health Center clinics, according to the Russian press.
Global private equity firm KKR and Singaporean sovereign wealth fund GIC have agreed to co-invest nearly $700m in Filipino hospital group Metro Pacific Hospital Holdings Inc (MPHHI) as well as a bond issued by majority-owner conglomerate MPIC, pulling the plug on any immediate IPO. The Philippines is the last major SE Asian market to see big PE money enter its healthcare sector.
After 19 years as a health care services expert working as an investment banker, analyst and consultant, Martin Brunninger has returned to his native Austria to become director-general for healthcare and social care. In this role, he is responsible for reforming the entire health and social care system under the new reformist conservative coalition government which came to power in December 2017 and is likely to hold power for a few years. We talk to Brunninger about the likely changes and his change in role.
Not paying your rent is usually a bad thing. It leads to threatening letters from expensive lawyers. Litigation. Dispossession. And costs. So can it ever be a sensible tactic? For care home operators facing “unsustainable” rents, the answer is ‘perhaps, time will tell’.
Spanish hospital group Ribera Salud (RS) has acquired the largest private hospital in Galicia, northwestern Spain, for €22m. We speak to a well-placed source about the deal.
By any measure, Sistema backed Russian healthcare network Medsi is doing rather well. Its most recent financial reports saw H2 revenue growth of over 40%, and the company continues to grow geographically. HBI caught up with Artem Sirazutdinov, chairman of the Medsi Board of Directors and a managing partner at Sistema, to find out more.
The Indian government is unlikely to manage to control hospital pricing, despite its battle over stents and other consumables. And none of the big hospital groups are embracing the government's low-cost scheme to cover 50m families.
HM Hospitales, the second largest hospital chain in Spain is selling two Madrid hospitals. We look at the value and the significance for the Spanish health care property market.
Saudi Hospital operator Dr Sulaiman Al-Habib Medical Group has received approval to IPO from the country’s Capital Markets Authority, as the country tries to move away from its reliance on oil income.
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