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Hospitals

 

Germany welcomes wave of Filipino nurses to combat recruitment crisis

Asklepios, Germany's second largest operator of private hospitals by revenue, has set up a pipeline from the Philippines with an initial cohort of 260 being recruited and more to follow. We speak to a healthcare workforce specialist and a German-based  operator to find out why.
August 10, 2018

Saudi Ministry of Health hospitals cut ties with private insurers

Seven out of ten of Saudi Arabia's health insurance policyholders will no longer be able to get treatment at Ministry of Health facilities reimbursed after the government department cancelled service contracts with the country's two largest health insurers, Bupa Arabia and Tawuniya. A Bupa Arabia spokesperson tells us that this won't affect its policyholders who mostly use private facilities anyway, while a local contact says there is more to this than reasons cited in the Saudi press.
August 10, 2018

For-profit US operator sets its sights on Europe

We hear that USA-based hospital giant Steward Health Care International has plans to extend its operations and become the number one player in a further seven or eight European markets.
August 3, 2018

Medicover moves into wellness, but reports losses in the UK

Pan- European and Indian healthcare and diagnostics provider Medicover is entering the wellness market, in a move that could provide interesting synergies with its corporate healthcare offering, mainly in Poland and Romania. The company's H1 and second quarter financials show losses in the Indian and UK fertility markets, but strong growth in Eastern Europe. We […]
August 3, 2018

Fresenius CEO hints at third country expansion for Helios

German and Spanish hospital giant Fresenius Helios saw 10% revenue growth in the first six months of 2018 and nearly the same EBITDA growth. Fresenius group CEO Stephan Sturm says Helios is looking at a third country, and we talk to an analyst about the various M&A opportunities the group has been linked to as well as the outlook in Germany generally.
August 2, 2018

Rhoen sees 3.6% growth but falling margin

German hospital group Rhoen Klinikum posted 3.6% revenue growth to €620m in the first six months of 2018, with EBITDA growing half that to €51.1m. We talk to an analyst about whether they are a likely candidate for a British hospital group which is for sale. EBIT was unchanged at €20.9m, while net profit was […]
August 2, 2018
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