Five major private health insurers in Chile saw record losses in 2021, collectively worth $137bn. The losses ‘put the entire private health system at risk’, according to private health insurers’ representative body the Association of Isapres.
Spanish hospital group Sanitas Hospitales (a subsidiary of Bupa-owned insurance firm Sanitas) is launching seven new rehabilitation centres in Spain. The new Advanced Rehabilitation Centers will be opened mainly in Madrid. Alongside eight remaining centres located in Madrid, Valencia and Zaragoza, Sanitas will own 15 monographic rehabilitation centres in Spain. Sanitas CEO Inaki Peralta announced […]
UnitedHealthcare owned Amil is for sale in Brazil. Reports in Brazil say the $3bn plus valued insurance and hospital businesses run by Amil are likely to be split and sold to at least two separate buyers. HBI speaks to a Brazilian source to find out more.
Two giants of Brazilian healthcare, listed HMOs Hapvida Participacoes e Investimentos SA and Grupo Notre Dame Intermedica Participacoes (GNDI), have received approval to merge from the country's antitrust authority CADE. The merger will create the country's biggest provider of health insurance policies, with around a 20% share of the for-profit market by number of users, and a 10% share of revenue.
The Greek health care services sector continues to consolidate as rivals face up to near certainty that CVC, which owns the largest hospital group in Greece, Hellenic Healthcare Group, will finally get the green flag for its acquisition of Ethniki Insurance. That would create a dominant payor/provider. So how does that affect number two hospital player Athens Medical and Bioatriki, the largest lab network?
Several healthcare companies in the UAE are merging to create the the county's largest healthcare provider. The new company will operate as a payor-provider.
Germany has a new government - and a new Federal Minister of Health in Karl Lauterbach. HBI talks to two Germany-based sources who agree he is a politician embraced more by the public than his own party, and considers what his appointment might mean for the sector.
Indian private health insurer Star Health has seen just short of four-fifths of its IPO offer subscribed in the past three days of book building. However, local press reports that the listing will still go through thanks to a downsized secondary offer.
Sophie Boissard, the CEO of pan-European elderly care group Korian, does not want to take the group into a multiplicity of markets, she told delegates at HBI 2021. The stance is in contrast to Bupa and Helios, who are building asset-light digital touchpoints to reach more global customers.
Spain may regret dismantling its pioneering Alzira model. HBI hears that costs have nearly tripled since it booted Ribera Salud out of the Valencian project. A similar fate might await Torrevieja, which expires next month.
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