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Nursing Homes

 

Attendo to sell Finnish healthcare business

As predicted in October by Healthcare Europa, Attendo, the largest Nordic care group, plans to sell its Finnish healthcare business while retaining its core business of elderly care, social psychiatry and care for people with disabilities.

Bridgepoint launches Care UK nursing home sale

Private equity group Bridgepoint has launched the sale of Care UK's nursing home segment. It could fetch a multiple twice what it paid when acquiring and de-listing the company in 2010, having tripled revenues and increased EBITDA by a third since then. We talk to a healthcare real estate expert to find out more.

French giant sells clinics to smaller rival

France's second-largest hospital group, Elsan, has sold three clinics totalling just over 200 beds to DocteGestio. The smaller group has been buying heavily in healthcare, social care and hotels in the capital region and Normandy, and is now in the top 20 health and social care operator's in France by revenue.

Perennial rapidly grows healthcare services in China

Singapore-based property developer and Chinese health care service operator Perennial Real Estate Holdings reported soaring profits in 2017. We look at its strategy of building hospitals and care homes, often close to high-speed rail hubs. Perennial is pouring some of its profits as a real estate developer into building health care services in China. Perennial remained […]

Are you ready for GDPR?

The clock is ticking for businesses to comply with the General Data Protection Regulation, which comes into force on May 25. Healthcare Europa talks to Aetna International's CIO Alan Payne to find out what the data handling regulations mean for healthcare insurers and operators, and the challenges on the path to compliance.

M&A pushes Attendo’s 2017 revenue higher

Income from recent expansions pushed pan-Nordic care home group Attendo’s revenue in 2017 higher, but the ailing Danish market has hit profit margin, the company said on 15 February. We also speculate on the new CEO.

MEDI System targets major Polish cities in its care home expansion

Poland’s largest elderly care home network group MEDI-System, owned by Orpea, is targeting major cities for expansion and branching into assisted living, the company tells Healthcare Europa. So what are the prospects for elderly care in the largest market in East Europe?

Care UK to sell nursing home arm

Care UK, the Bridgepoint-owned UK care group is looking to sell its nursing home division. Advisory sources say that the division had 2017 sales of £290m with £40m EBITDA. 

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