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Nursing Homes

Sana Kliniken shows steady growth in sales – but margins are still lower than main rivals

Sales at Germany’s third largest hospital group grew 3.5% to €2.4bn in 2016 its full year results show, with a higher EBITDA margin of 9.2% up from 8.4% in 2015 - but still some way lower than Asklepios and Helios. We ask Sana why?

March 31, 2017

Chinese investment group targets European elderly care

Shanghai-based China Minsheng Investment Group, one of the largest private investment funds in China, says it is targeting senior care groups across the world - including the largest senior care group in Europe - for acquisition.

March 29, 2017

French care home group plans 4,000 beds network

Clineo, a French elderly care group based in southern France, is completing the acquisition of two nursing homes in Spain totalling 390 beds – and expects to own a network of 4,000 beds in the next three years. Its founder Hervé Le Bocq talks to Healthcare Europa.

March 24, 2017

Columbia Asia sees potential in Indian nursing homes and plans aggressive rollout

American investor Columbia Pacific Management has bought a South Indian senior housing group and plans to build 4,000 residential care units in an aggressive rollout over the next four years. Healthcare Nova was told Indian society now accepts housing its elderly in nursing homes.

March 22, 2017

Will Ambea follow the trend of successful Nordic IPOs?

Triton and KKR are to sell a lot of shares in the Sweden-based elderly and social care provider Ambea IPO - which will raise just SEK 200m (€21m) gross for the company itself, and SEK 2.3 billion (€240m) minus that SEK 200m for those two private equity companies. Will the IPO be as successful as recent Nordics IPOs in the healthcare sector? We speak to CEO Frederik Gren.

March 21, 2017

Korian shares bounce back from dip in the wake of 2016 FY results

One month after the release of its provisional 2016 results, and the 6% fall in its share price which followed, Europe's largest nursing home group Korian’s announcement of its full results saw shares jump back up nearly 7% with a performance in line with expectations. But was this a reflection of a positive reaction, or relief that things weren't worse?

March 17, 2017

Ambea announces intention to list on Nasdaq Stockholm

Swedish social and elderly care services provider Ambea has announced its intention to float on Nasdaq Stockholm. The final decision is to be taken by the board “very shortly”, says Fredrik Gren, CEO of Ambea.

March 14, 2017

FREE BLOG Ambea IPO points the many to many more

Big nursing home and elderly care group Ambea plans to IPO on the NASDAQ Stockholm. Expect other big Nordic operators to follow suit. But what is their long-term future?

March 14, 2017

Spring budget heralds £2bn giveaway to UK social care

The UK government will grant an additional £2bn in funding to councils suffering from the country’s so-called social care crisis, the Chancellor, Philip Hammond, announced to parliament today.

March 8, 2017

Argentinian palliative care group moves into care homes – and eyes LATAM expansion

Palcare, the Argentinian home palliative care provider, is looking to expand - both geographically, and the nature of the work it does. Healthcare Nova speaks to Gustavo Fodrini, CEO, to learn more about how the business is structured, how it delivers its services, and what plans he has for the future.

March 8, 2017

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