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Hospitals

 

Indian M&A roundup

Indian health care is seeing a flurry of activity. Evercare-owned Care Hospitals is reportedly up for sale in India, while IHH Healthcare Bhd has expressed renewed interest in India after the Indian Supreme Court passed judgement in relation to its contentious dealings with Fortis. Meantime, the largest shareholder in India's second largest eye hospital has sold its stake.
September 30, 2022

New Swedish government’s health policies could benefit for profit providers

A right-wing coalition government is still to be formed in Sweden, under probable prime minister Ulf Kristersson. It is expected to encourage for-profit health providers to help the public system reduce waiting lists. Multi billions of extra funding will also be allocated to the national, regional and local authorities to bolster the system.
September 16, 2022

NMC CEO standing down

Michael B. Davis, the CEO of the UAE's largest private sector healthcare provider, NMC Healthcare, is standing down. His last day with the group will be December 20, and he leaves having steered the group through the most trying years in its history. Once seemingly facing financial ruin, NMC came out of administration at the end of last year.
September 16, 2022

IHH’s negotiation for Ramsay Sime Darby ends without agreement

Discussions between Asia’s largest multinational hospital group IHH Healthcare Bhd, multinational Australian hospital group Ramsay and logistics company Sime Darby Berhad over the acquisition of Ramsay’s Asian branch Ramsay Sime Darby by IHH have ended without any agreement.
September 9, 2022

Is Circle BMI for sale or not?

The sale of UK hospital group Circle BMI rolls on - or does it? US care company Centene announced its intention to divest its foreign assets in December and has successfully sold its Spanish and central European subsidiary.  HBI now understands from a source close to the company that the sale of Circle BMI is not currently on the cards. Why?
September 9, 2022

Euromedica probe may scupper Henry Dunant deal

The Greek and US governments are investigating vulture fund Farallon's purchase of Euromedica back in 2020. That could scupper Euromedica's planned merger with Imithea – the parent company of Greece’s largest single private hospital Henry Dunant.
September 2, 2022

German hospitals face tariff squeeze

German hospitals are struggling with inflation as there has been very little sign payors will raise tariff prices, a German operator told HBI.
August 26, 2022
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