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Hospitals

 

Helios Germany buys non-profit hospital as sector’s low margins squeezed

German and Spanish hospital operator Fresenius Helios has added €66m of sales in Germany with the acquisition of a hospital in Bonn from a non-profit organisation, its first domestic hospital deal in several years. We compare the finances of the for-profit and non-profit sectors with data exclusively provided to HBI by KPMG Germany.
June 9, 2020

Cerberus exits Steward as sector gets skewered

The largest private equity-owned hospital group in the world has been sold to its doctors. Cerberus Capital Management has sold a majority stake in US for-profit hospital chain Steward Health Care back to managing doctors, including CEO Ralph de la Torre, ending a 10-year tenure.
June 4, 2020

Unprecedented European NHS rationing post-COVID could spur self-pay

NHS systems across Europe are likely to ration care at unprecedented levels in the aftermath of COVID-19 because of infection control measures. This may funnel more work to private hospitals, but it is not clear whether they will be in better shape to pick up the slack. NHS waiting lists will have more than doubled, with big hikes in waiting lists for private pay as well.
June 4, 2020

Indian hospitals fear capacity crisis as lockdown lifts

Despite soaring coronavirus cases, India is lifting the lockdown it put in place at the end of March. HBI talks to one concerned operator who acknowledges that though cases are set to soar, the economic imperative is too compelling to ignore.
June 4, 2020

Even prenatal admissions are down in Kenya

Small and medium healthcare facilities across Sub-Sarahan Africa are facing liquidation with Africa Healthcare Federation reporting an average 40% revenue drop in March. Even the maternity sector, which has held steady in Europe, has seen fewer admissions in Kenya.
May 29, 2020

Pandemic sparks nationalisation talks in Ireland

The Irish government is reportedly considering buying and nationalising some of the country's 19 private hospitals to help increase bed capacity in the public system. HBI talks to public and private hospital sources for and against it. 
May 28, 2020

Many CEE markets to crash as remittances drop

Private healthcare markets in CEE/Southeast Europe are set to crash this year due to economic contractions at home and abroad, with many countries highly reliant on remittance money from abroad.
May 27, 2020

Netcare reveals 45% revenue drop for April

Netcare, one of South Africa's 'Big Three' private hospital groups, says that April revenues dropped 45% due to the COVID-19 pandemic. It is one of the first financial disclosures by a listed hospital group for a full month of national lockdown. 
May 27, 2020
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