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Hospitals

 

Why your communications director could be your next CEO

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.
November 5, 2020

Asklepios: €730m loan ‘nothing to do with’ COVID in Q4, as occupancies fall

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. 
November 5, 2020

Integrated model ‘alive and kicking’ despite Banmedica closures

Greater scrutiny is being brought to bear on the use of integrated models in Chile - a practice where any impropriety is sidestepped through the use of holding companies. Where does this leave the likes of UnitedHealth Group-owned Banmedica, which has just closed four health centres in its Vidaintegra network - and why is public concern mounting about private insurers profits?
October 30, 2020

Another Chinese hospital IPO in Hong Kong but market looks flat

Chinese private hospital operator Guodan Healthcare has refiled plans to IPO on the Hong Kong exchange and, if successful, will become the twelfth Chinese hospital in the country to list. But it's a crowded space and most of the 11 other stocks have underperformed in the last four years as our infographic shows.
October 29, 2020

Patients starting to avoid care again in Poland

The Polish national payor has recommended that electives be delayed to reduce the risk of COVID-19 infections. HBI hears that after a good summer of business people are again starting to avoid physical care. That could plunge the market back into the dark months of lockdown, which saw one operator considering firing 70% of its staff.
October 29, 2020

German hospital bankruptcies “to resume in 2022”

An expected wave of German hospital bankruptcies this year has been averted thanks to state support during the pandemic, but operators should expect a difficult 2022 with more going to the wall than in recent years, Professor Boris Augurzky, the acknowledged expert on the sector, tells HBI.
October 29, 2020

Hungary’s doctor pay increase ‘not yet’ like Romania’s

In a bid to boost retention, Hungry has increased public salaries for doctors by as much as 120%. A similar hike in Romania last year damaged the bottom line of the private sector. But HBI hears that three-quarters of doctors are refusing to sign the new contract and it could have the opposite effect by taking doctors out of the public sector altogether.
October 28, 2020

Interview: Massimiliano Colella, CEO, Evercare Group

We talk to the CEO of Evercare Group, the diverse conglomerate of South Asia and African hospitals that make up the $1bn Evercare Health Fund originally raised by Abraaj before TPG's takeover in 2019. Colella talks strategic priorities including 'turning Evercare from a fund into a real company', recent management departures, the platform today and why his own lack of emerging market healthcare service experience doesn't matter for this job.
October 28, 2020

Evercare Lagos hospital to open in December

Evercare Group, the operating platform held by the (ex-Abraaj) $1bn Evercare Health Fund, aims to open its Lagos hospital in December this year, Evercare Group CEO Massimiliano Colella tells HBI.
October 22, 2020
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