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Hospitals

 

Asia Healthcare Holdings raising $350m

TPG-backed operating and investment platform Asia Healthcare Holdings (AHH) is reportedly raising $350m for acquisitions in specialist healthcare. 
August 27, 2021

Apollo’s $3.2bn pharmacy arm selling stake after spin off

Apollo Hospitals, India's largest hospital group by revenue, has spun off its pharmacy and digital business into a new subsidiary and appointed banks to sell a 15-20% stake. Amazon was considering a $100m stake in the division at the end of last year as India's online pharmacy sector continues to see a glut of investment with rival PharmEasy also targeting a $9bn IPO.
August 26, 2021

One in ten of India’s medical tourists are Afghans

Ongoing unrest in Afghanistan is cutting off medical tourism to Indian hospitals, where the cohort makes up 11% of international patients. Indian hospitals have previously done good business treating middle-class Afghans.
August 26, 2021

Philippines in crisis as 40% of nurses quit

Two in five Filipino nurses have quit working in their home market over the past year leaving the hospitals in the grip of a care crisis. The country is already a high exporter of nurses globally but poor wages and working conditions may push even more to migrate. 
August 26, 2021

NMC sells Aspen opco to NorthWest

Canadian REIT NorthWest Healthcare Properties has acquired hospital operator Aspen Healthcare UK Limited from NMC Health, a year after it bought the bulk of its real estate. It mirrors what happened to larger UK chain BMI Healthcare three years ago. 
August 24, 2021

Interview: Dr Mohamad Hamade, CEO, Amanat Holdings

Dubai-based investment firm Amanat Holdings has managed to almost double its share price over the past 18 months. CEO Dr. Mohamad Hamade shares the secrets behind this success with HBI and talks strategy as the group develops what he calls MENA's first post-acute care platform.
August 19, 2021

Comeback treatments squeeze payors

Claims on private medical insurance were higher than expected for some providers in the second quarter, hitting or even exceeding pre-pandemic levels for the first time.  The picture is similar for public payors with AOK reporting double-digit growth in spending. Across the board, it's having an impact on the bottom line - and leaving some substantially in the red.
August 19, 2021

Singapore doctor becomes a billionaire fighting Covid

Loo Choon Yong, executive chairman of Asia-based healthcare provider Raffles Medical Group, has become a billionaire after his company joined the effort to fight Covid-19 sending its profits and share price soaring.
August 17, 2021

German state nationalises Sana hospital

German state North Rhine-Westphalia is taking over Sana Kliniken’s 50% stake in one of Europe’s largest cardiology clinics. It’s Germany’s second recent non-profit merger in heart medicine.
August 13, 2021
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