Pro Tip: Learn how to use HBI Alerts to follow your favorite topics

Hospitals

 

Modicare goes ahead but questions remain over private sector adoption

It's been a fortnight since India's health insurance scheme, Ayushman Bharat or 'Modicare', officially launched. But major stumbling blocks preventing take-up remain, including logistical barriers to dispersing medical cards and enrolling private sector hospitals.

KKR plans ambitious hospital consolidation in China

KKR, the global private equity giant, has formed SinoCare Group, a hospital investment and management platform in China that will acquire, build-out and consolidate existing hospitals. Healthcare Nova speaks to a Hong-Kong based consultant to find out what people think on the ground.

BMI Healthcare propco takeover finalised

UK hospital operator BMI Healthcare has announced a major financial restructuring which it says will bring its operating company and 35 of its hospitals "back under common ownership", confirming Healthcare Europa's predictions last week. 

TPG in for Abraaj’s health fund

Private equity giant TPG Capital has reportedly entered exclusive negotiations to take over the management of Abraaj's $1bn healthcare fund which has assets in Kenya, Nigeria, Pakistan and India. It looks to be the end of a protracted saga which contacts say might dampen fund managers' appetite for so-called impact investing in emerging markets.

Albania’s biggest hospital group corners market

American Hospital of Albania, the country's largest hospital operator, has further consolidated the national market with its acquisition of listed Greek group Hygeia's Tirana hospital for a €1m cash fee and assumption of €29m in liabilities. We talk to the buyer's CEO.

Rent reduction for BMI as Netcare reportedly writes investment down to zero

UK hospital operator BMI Healthcare is close to a 40% rent reduction with its major landlord, while South African majority owner Netcare has reportedly "written its investment down to zero". Hedge funds with a position in BMI's property arm debt have injected equity into BMI's holding company, say reports, although Netcare's CEO says that "no disposal transaction has yet been concluded."

Find Us