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Hospitals

 

IHH looking to sell outlying assets

The new CEO of IHH Healthcare is considering divesting some assets as he shifts strategy to focus on geographical clusters. Which of its 80 hospitals could face the block? HBI examines.
February 20, 2020

Russian billionaire buys Baring Vostok’s EMC stake

PE firm Baring Vostok has offloaded its 27.8% stake in Moscow hospital European Medical Center to MedInvestGroup, the company of billionaire Viktor Kharitonin which is building a national oncology network. It coincides with reports that the court case against Baring founding partner Michael Calvey might soon be wrapped up.
February 19, 2020

Filling an empty shift at short notice: disrupting agencies

Temporary agencies are expensive. Hiring a doctor through one in the UK can cost the NHS around €170 per shift and in Germany, the bill for a nurse comes in at anywhere between €70-€140. A handful of start-ups across Europe are deploying solutions to disrupt agencies and breakdown workforce silos. HBI looks at three - in the UK, France and Germany - to assess how the market is changing.
February 13, 2020

CVC “speaking with advisors” about Elsan sale

CVC Capital Partners is talking to advisors about sale options for Elsan, the large French hospital group it has owned since 2014, according to reports. We speculate on potential buyers.
February 13, 2020

Indian healthcare budget “meagre and insignificant”

HBI hears India's healthcare budget has disappointed operators and commentators alike and fallen short of what the country needs to achieve all its UHC ambitions. Announced last week, it was meant to double to 2.5% of GDP, but will only reach 1.15%. We speak to a senior executive at an operator source and break down what's changed and what the system still requires.
February 13, 2020

Mediclinic cleared to buy hospitals in South Africa

EMEA hospital group Mediclinic International has been cleared to acquire three hospitals in South Africa, after the merger was initially blocked by competition authorities. Does this signal the start of the Big Three hospitals "mopping up" the remaining c.20% of the market?
February 13, 2020

KKR targets NMC as Shetty and Butti asked to step back from company board

KKR has approached under-fire international healthcare group NMC Health with a view to making a takeover offer, NMC confirms. The London-listed firm has also asked founder BR Shetty its other major shareholder, Khaleefa Butti, to absent themselves from board discussions until their holdings have been clarified.
February 10, 2020
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