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Imaging Services

 

IHH blocked from snapping up Fortis Singapore business

A Singaporean competition commission has provisionally blocked Parkway Holdings, Southeast Asia’s largest private healthcare provider, from a $137m takeover of diagnostic outpatient chain RadLink Asia.

FREE BLOG Why healthcare services needs to think about total cost of ownership

Healthcare service operators of all sorts have failed, at least until very recently, to measure and manage the total cost of ownership. That is odd because TCO models, in which you measure the real costs of operating, can massively improve EBITDA, particularly for capital equipment. It can also be adapted to measure and improve entire facilities - see our interview with Patrick Gontard below. He claims that TCO in labs can grow EBITDA by 10-15 percentage points. Similar gains can probably be made in imaging, for instance.

Interview: Patrick Gontard, CEO, Citilab, CEO and Founder, Gontard & Cie

Total cost of ownership (TCO) models have increased EBITDA margins by 10-15 percentage points in the lab sector and can be used in any area of healthcare, says Gontard. A Swiss economist, he has perfected his model over 15 years, working first for Viollier, the second largest Swiss lab group, then at Integrated Diagnostics in Egypt and now at Citilab probably the second largest lab group in Russia. Gontard is speaking on TCO at Healthcare Europa 2015 on April 28 in London.

How POCT can massively improve efficiency in acute care

Point of Care Testing can massively reduce hospital stay costs, according to a recent UK pilot. Early signs suggest diagnostics will grow as a sector and POCT will come to dominate a limited share of the market. But could the established labs make use of innovations in POCT and are there unforeseen consequences for the rest of healthcare services? Last week we talked to consultants and operators on either side of the POCT debate. Now we look at what effect POCT is having on the wards, talk to manufacturers and hear from Eric Souetre, founder and major shareholder of Labco.

Diagnostics set to rocket in Africa

The lab and imaging services are set to soar across Africa, according to delegates and speakers at Africa Healthcare Summit 2015. New chains are growing fast in most countries, sometimes backed by major medtech players. And there is a huge international trade in esoteric tests. Meanwhile GE Healthcare has all but doubled sales in three years. We look at who is who and where.

Polish cancer group for sale

One of the largest private providers in the cancer market, a chain of three clinics, in Poland is for sale. The business could be a good fit for Pan-European imaging group Affidea or for Luxmed, the Bupa-owned subscriptions healthcare group.

Report: Brazilian private health care market: promising, but not all roses

Brazil’s healthcare system is fragmented, inefficient and underfunded. Still, this is Latin America’s largest private healthcare market and is consolidating fast. What are the characteristics of the Brazilian healthcare system? Here we look at the structure of the market and segments such as health insurance, acute care and diagnostics.

Lessons from Alliance Medical win

Alliance Medical has won a ten year contract for PET CT imaging across the English NHS, which CEO Guy Blomfield reckons is worth at least €300m and which the NHS says will generate an 18% saving. How did Alliance do it, and what other big outsource contracts are coming up in the NHS?

Do PPPs work in the Developing World?

The failure rate is high for big, operator-led PPPs in the Developing World. Big PPP projects where private players win a long-term contract to run a large public hospital or deliver primary and secondary care to hundreds of thousands for a per capita price often fail, But hundreds of less formal, more ad hoc projects are working well.

Interview: Aschkan Abdul-Malek, founder, AlemHealth

Dubai-based AlemHealth is bringing teleradiology and telemedicine to the developing world via a global network of doctors linked up to private primary and secondary facilities in the Middle East. It plans to move into Asia and Africa within the next few months. We spoke to founder Aschkan Abdul-Malek about its business model.

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