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Outpatient (ex Primary Care)

 

Circle Holdings: not just another Chinese deal

UK investor Circle Holdings is partnering with several Chinese groups to launch and operate a network of 10 clinics across China in the next six years. Stephen Sunderland, managing director at L.E.K. Consulting in Shanghai, says the deal is impressive.

Interview: Attila Vegh, CEO, Penta Hospitals Group

By 2025 Penta Hospitals Group (PHG) owned by private equity house Penta Investments, plans to more than triple sales to over €1bn. But growth could be even faster, says its new CEO, Attila Vegh, a former boss of three large English NHS hospital trusts. The real ambition of the group, a merger of Svet Zdravia in Slovakia, the Polish chain EMC and Penta’s hospitals in Czech Republic, is even greater than the sales forecasts suggest. Much of the growth he says will come from working with the public sector. Vegh says that Penta wants to be “a disrupter, a company which introduces best practice and innovation,” thus persuading public payors to rethink their attitude to the private sector. So how do you do that in a region which is becoming increasingly statist and hostile to international capitalism?

Singapore healthcare provider Fullerton aborts IPO

Singapore healthcare provider Fullerton has deferred its long-awaited IPO after a wave of complaints surrounding its business model, citing uncertain market conditions. We speak to Vivek Jetley, CEO of advisory firm Urbana Health.

Romania’s Medlife may IPO imminently

Romania's largest healthcare group Medlife has hired banker Raiffeisen to advise on an IPO next month, in November. The listing will provide private equity house Value4Capital (V4C) a way to exit its 36% stake after more than a year of unfruitful attempts to disinvest.

Singapore group buys gynaecology clinics specialist

Publicly listed outpatient network Singapore Medical Group (SMG) is buying six-clinic gynaecologist Astra Women's Specialists for S$60m. The announcement has prompted the second spike in its share price this year, following its purchase of imaging specialist Lifescan in August.

Medicover buys in Romania

Pan-European corporate healthcare provider Medicover is entering Pitesti, Romania, after buying a majority stake in a local operator.

GVM to launch its first China facility in early 2017

Days after opening a €3m diagnostics centre in Moscow, Italian hospital operator Gruppo Villa Maria (GVM) says its first facility in China is to launch early next year. We speak to vice-president Bruno Biagi about the group’s international strategy.

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