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Hospitals

 

Rhoen targets in-outpatient integration and digital as growth stagnates

German hospital group Rhoen Klinikum saw just 1.8% revenue growth in 2018 but is hoping to more than double that in 2019. We discuss its strategy and the various headwinds in the sector, including nurse-patient ratios, DRG reforms and fixkostendegressionsabschlag (fixed costs), which combined have prompted HBI to revise down its forecast for German hospital market growth in the coming 1-3 years.
February 27, 2019

Portuguese hospitals cut ties with public insurer

Portugal's three largest private hospital groups have all announced plans to cut ties with the health insurer covering the country's 1.2m civil servants. We talk to a market source about what effect it will have on their business and, crucially, how it increases the likelihood of a sale of one of them. In the last […]
February 21, 2019

Fresenius full-year results confirm German struggles for Helios

Diversified healthcare group Fresenius has posted 2% sales growth in 2018, while weaker performance in its German hospitals highlighted the rationale of acquiring Spanish hospital group Quironsalud two years ago. We explain why the Spanish market is so much more attractive than the German and will continue to make up for the headwinds there that […]
February 21, 2019

Will the arrest of Baring Vostok CEO kill EMC/Medsi sales?

The CEO of the last major foreign-invested private equity firm in Russia has been arrested on charges of "large-scale fraud". It is almost certain to hurt the sale processes of two of Russia's largest healthcare companies and further dampen whatever foreign investor interest is left in the country. Michael Calvey, who founded Baring Vostok in […]
February 21, 2019

Public hospitals take market share from private operators in London

A report on London's private healthcare market shows falling revenue for private operators but nearly double-digit growth for NHS private patient units (PPU). We talk to the author. Revenues in the £1.55bn (€1.8bn) London hospital market, which includes BMI, HCA and Bupa as well as NHS PPUs, fell around 1% in 2017 largely because of […]
February 21, 2019

Medicover acquires hospital group

Medicover has acquired a neonatal and obstetrics hospital group in for €70.5m, expanding its integrated care network.
February 21, 2019

Hirslanden hospitals dropped by two private insurers

Two of Switzerland's biggest private health insurers have taken a handful of Mediclinic International's Swiss subsidiary Hirslanden's hospitals off their provider list. We talk to the insurers and market sources about what this means for the hospital sector.
February 14, 2019

Mid Europa to put Regina Maria up for sale this summer?

Romanian Healthcare group Regina Maria looks like it will trade in 2019, with owners Mid Europa close to appointing a sell-side advisor and a decision possibly due this summer, HBI hears. We look at it in the context of private equity investments across Europe's hospital sector.
February 14, 2019
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