Health care looks like the promised land to property investors hit hard by the collapse of retail and office and deal flow is picking up, says John Gladstone at global real estate advisors.
Governments across Western Europe are re-instating financial support for private hospitals involved in the second wave pandemic response. Some are treating COVID patients for the first time as hospitalisations soar above first wave numbers, but support packages are heavily-adjusted from those in spring. We talk to operators in Italy, Portugal, Germany and Switzerland and provide an update on the UK and France.
In-administration global operator NMC Health's revenues are nearly 10% ahead of its business plan for 2020, while the deadline for creditors to submit claims has passed. Meanwhile, administrators Alvarez & Marsal (A&M) are reportedly preparing to sue accounting firm EY over its auditing of NMC for a reported £1bn or more.
By far Europe’s largest market, Germany, Austria and Switzerland offer unique opportunities. But how fast is the German outpatient sector changing? What sectors are investable? How squeezed are hospitals in Germany and Switzerland? And will a new Austrian government lead to better prospects? Panellists include Dr Reinhard Wichels, Managing Director, WMC Healthcare; Wolf Kupatt, CEO, […]
Pfizer shares rocketed 15% on Monday with news of a vaccine that's more than 90% effective. But lab and telehealth shares plummeted upon the announcement while hospitals, care homes and outpatient groups recouped some of their YTD losses. HBI explores what a vaccine might mean across the five sub-sectors.
Pan-European hospital operator Ramsay Sante's full-year accounts to June 30, 2020, reveal that like-for-like revenue fell by 6.2% over the year and double that in the first six months of 2020. We dissect the numbers.
What does the non-profit hospital sector look like in West Europe and elsewhere? We are about to publish a special HBI Intelligence report, detailing market size and consolidation in eight countries, growth, potential privatisations and the expansion of US Academic Medical Centres abroad.
As predicted by HBI, India-based multi-speciality healthcare provider Manipal Hospitals has agreed to acquire 100% of Columbia Asia's Indian hospitals from Columbia Pacific Management. The deal is valued at Rs 2,100 crore ($282m) including debt.
The biggest for-profit hospital operators in Australia, Hungary and Norway have all appointed new CEOs internally from communications roles or backgrounds in 2020. Is this indicative of a wider trend in the healthcare sector? The three women appointed tell HBI why it makes sense.
Germany for-profit hospital group Asklepios's €730m Schuldschein, a debt instrument raised last week, has nothing to do with the potential negative financial impact of COVID-19 in Q4, CFO Hafid Rifi tells HBI, though he adds that occupancy in the hospital sector is falling. 95% of the amount will be used to refinance the Rhoen acquisition financing.
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