Nursing Homes market news & reports

Interview: Ricardo Soares, CEO, Brasil Senior Living

Brasil Senior Living (BSL) is establishing a network of elderly and assisted living homes in Brazil - and currently has little by way of organised opposition there. Healthcare Nova talks to CEO and co-founder Ricardo Soares about his plans for the future, why he'd welcome a rival, and what he makes of Orpea's plans to enter the market.

April 16, 2018

Norwegian elderly care operators feeling the squeeze look elsewhere for profits

Norwegian politicians are squeezing private operators out of elderly care and pulling contracts, we hear - and some are leaving the country or turning their focus to other sectors.

April 13, 2018

Advinia buys 22 care homes from Bupa

Advinia Health Care has closed the acquisition of 22 care homes totalling 2,700 beds from Bupa.

April 9, 2018

Higher public healthcare budget in Romania will have “little impact on private sector”

Romania is set to increase its public healthcare budget in 2018 which could potentially impact private healthcare operators - but industry insiders are telling Healthcare Europa they are sceptical as to whether it will actually happen given the political instability and government funding problems in the country.

April 4, 2018

The five German nursing home groups that will trade this year

Healthcare Europa talks to a well-placed advisor about which German nursing home groups will trade in 2018 - five are cited but anything is possible in this market, he says.

March 22, 2018

“Aggressive bidding” for Care UK in second round

We hear that several buyers are aggressively vying to acquire Bridgepoint's Care UK nursing home segment and that second round bids are in, valuing the business at a high multiple.

March 21, 2018

Mexico – and the protracted birth of an elderly care market

Spanish elderly care giant Ballesol is exporting its business model to Mexico. Healthcare Nova speaks to director of operations Antonio Gonzáles-Quirós about this strategy, and the state of the nascent Mexican elderly care market.

March 20, 2018

Korian’s FY 2017 revenue was flat in France but big in Belgium

European nursing home giant Korian saw revenue growth of 5% in 2017 of which half was organic. Growth was slow in France while the acquisition of 1,000 beds from Senior Assist Belgium helped its revenue grow 40% there - the same disparity was seen in organic growth.

March 15, 2018

Margin drops steeply in Belgian care homes

Lower occupancy rates and more medicalisation spells tough times for Belgian care homes.

March 9, 2018

Interview: Nick Sanderson, CEO, Audley Group

In 2017 UK institutional investors finally discovered the assisted living sector, with Legal and General and Axa both buying operators. Yet the sector remains tiny in the UK, thanks to older Brits fixation with remaining in their own homes as well as severe planning restrictions. Nonetheless, there is high demand, property investors have fallen in love with the sector and governments the world over are rethinking their attitude to the sector. Audley Group is the largest player in the sector, Nick has been in the sector since 1986 and chairs the sector’s trade association, Associated Retirement Community Operators (ARCO).

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