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Hospitals

 

Which UK private hospitals earned the most from £2bn NHS block-booking?

NHS England will have spent around £2bn on buying capacity and services from the private hospital sector for COVID-19 related services in the last 12 months, according to recently-released public documents. We break out the figures to reveal which operators earned the most and how the picture changed in Q4. 

EMEA for-profit hospital sector shrinks 3-5% in 2020

Revenues in the EMEA for-profit hospital market fell by 3-5% in 2020 due to COVID-19 but could bounce back strongly in 2021, figures from HBI Intelligence show. NMC Health CEO Michael Davis tells HBI he anticipates a ‘return to normalcy’ to continue through the year. 

Triton “invests” in Bergman – Aleris merger to follow?

PE firm Triton has agreed to "invest" in Dutch, Nordic and German ambulatory clinic operator Bergman Clinics, possibly implying it is not buying control from NPM Capital and the Malensteins who are retaining stakes. Triton would not comment on the size of the stake nor on our speculation it plans to merge Bergman with Nordic operator Aleris.

Bupa ‘Global and UK’ CEO set to leave

Bupa is replacing its ‘Global and UK’ market unit CEO David Hyman in one of the first senior changes under new group CEO Iñaki Ereño. Full-year results show flat revenue and a 4% drop in underlying profits.

Affidea enters UK with double-deal

Pan-European imaging and outpatient operator Affidea has entered the UK market with the acquisition of Fortius Clinic, a group of musculoskeletal (MSK) and orthopaedics centres in central London, and an outpatient centre in Northern Ireland. 

Khemka’s big plans for Simplyhealth

Sneh Khemka has quit Aetna International where he was VP of Population Health & vHealth to become CEO of Simplyhealth, a £240m revenue, not-for-profit provider of cashplans for corporates and private individuals which in total covers 2.3m people in the UK. He tells us that his brief is to rethink how Simplyhealth can best provide access to health care services over the next 30-50 years.

Interview: Dr Juan Abarca Cidon, president, HM Hospitales

We talk to Dr Abarca Cidon, part of the controlling family and current president of Spain's third-largest for-profit hospital group HM Hospitales with nearly €500m in sales. He talks strategy, Covid, and rumours of selling a stake in the company.

Italy’s recovery plan has €18bn for healthcare, the UK’s none

Italy's COVID-19 recovery plan contains €18bn for homecare, integrated health facilities and telemedicine that can be run by the private sector in a whole-scale reform of the country's healthcare system. Meanwhile, a new budget in the UK failed to allot any new funds for its overstretched health and social service. 

GCC post-acute group sells for 10.5x as M&A climate cools

TVM Capital Healthcare has sold the GCC's largest post-acute/rehab provider Cambridge Medical and Rehabilitation Center (CMRC) to investor Amanat Holdings for 10.5x its 2020 EBITDA, a much lower multiple than it got for similar business Provita six years ago. We discuss the change in M&A climate with TVM CEO Dr Helmut Schuehsler and talk to Amanat's CFO about its plans with CMRC and its three other healthcare assets.

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