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Hospitals

 

Thailand open for vaxxed medical tourists

Thailand has re-opened for medical tourists without quarantine as the country seeks to revive its ailing medical tourism sector. We look at the impact that the 18-month ban has had on the country's big hospital groups Bumrungrad International Hospital and Bangkok Dusit Medical Services (BDMS).

Medicover consolidates in Poland

Polish healthcare provider Medicover has acquired smaller rival CDT Medicus, at a low double-digit EBITDA multiple.

NHS England to require COVID-19 jab for job

All 1.2m of NHS England's staff will have to be vaccinated against COVID-19 from next year, reports say, with an official decision expected from the government imminently. Similar laws elsewhere in Europe have only led to minor problems for healthcare workforces but data shows that UK private providers expect to replace on average 8% of their workforce. 

Dallah Healthcare to buy stake in IMC after Amanat exit

Dallah Healthcare Company, a listed Saudi Arabian healthcare operator, has signed an agreement to buy 8.2% of the shares of a hospital in Jeddah, International Medical Centre (IMC). The move is part of Dallah Healthcare’s plan to gain a more than 25% stake in the hospital and increase its presence in Jeddah.

Will Babylon succeed?

Ali Parsa, the founder of Babylon Health, is now a paper billionaire with control of a business with an enterprise value of $3.6bn with an additional $575m in gross proceeds, following its merger with special acquisition vehicle Alkuri. The nearly 90% of the SPAC shareholders who chose to sell before the shares started trading may be kicking themselves - the shares peaked at $16 on October 26, though as of the time of writing are sitting at $10.82, up from the initial opening price of 10$ on October 22.

Africa’s healthcare to benefit from projects worth $140m

Two African healthcare improvement projects worth $140m are in the pipeline, one of which could see Africa's first 250-bed single facility specialist hospital in West Africa built. HBI speaks to Dr Egbe Osifo-Dawodu, partner at global healthcare strategic consulting firm Anadach Consulting, to find out more.

PIS isn’t poor when it comes to health care

Law and Justice, (PIS) the governing party in Poland has had a problematic relationship with private health care. After all it was PIS that ran TV adverts showing a dystopian future in which ambulances were shown refusing uninsured patients. And PIS which confiscated inbound PPE for private operators switching it to the NHS. So is surprising to hear a major operator lauding PIS as a good partner.

Mediclinic stock jumps after a strong six months

Mediclinic, the largest South African hospital group by revenue, saw its shares jump by 7.5% to 346.4p on Friday, after the company reported a “material recovery” in profit margins. This is above the groups previous 2021 high of 344.6p struck in June.

Ameos takeover of Sana Kliniken hospitals approved by competition authority

Germany’s Bundeskartellamt (Federal Cartel Office) has approved the handover of four hospitals in Ostholstein from Sana Kliniken (Germany’s third largest hospital group) to Ameos Holding Ag, the largest operator of residential psychiatry in Germany, having rejected the deal originally in 2018.

Aspen broken up in sale

UK hospital group Aspen Healthcare has been broken up with the core business sold to non-profit Nuffield Health. Rival group Spire has bought one of the remaining hospitals and an NHS Trust bought out another. 

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