Three Gulf-based private equity firms are reportedly interested in buying a minority stake in Al Borg Medical Laboratories, the largest player in Saudi Arabia. We report on Al Borg’s expansion plans.
IHH Healthcare’s Turkish arm Acibadem has big plans for Europe where it recently became the largest player in Bulgaria with the acquisition of City Clinics. It is negotiating to buy in Romania and will build facilities in two other European countries.
Private medical insurers face colossal problems in China, India and across South East Asia. At this month’s Asia Healthcare Summit in Singapore, they were better at describing the challenges of culture, fraud and overtreatment than they were at coming up with solutions.
Failure to share data, high cost and the adoption of unique metrics is threatening to destroy ICHOM's dream – the creation of universal quality measurements in healthcare. Healthcare Europa reports from the ICHOM 2016 conference.
Health care services is probably Europe's largest industry as a percentage of GDP. Even private-only healthcare and care services is a couple of points of GDP. So why so few real entrepreneurs? Most bosses in this industry are simply running and growing largish, stable businesses. Very few are seeking to identify and meet unmet demands.
Swiss tariffs for technical services which include lab and imaging could drop by 27%, according to a proposal formulated by doctor and hospital associations and some insurers. The actual drop is likely to be much lower, but a cut looks inevitable.
Hospital CIMA San José is attracting medical tourists to Costa Rica. We talk to medical director Alejandro Ayón Lacayo about expanding capacities and competing with other booming Latin American destinations like Colombia.
Santiago-listed payor-provider Banmédica is at the forefront of international expansion in Latin America with six insurers, ten hospitals and eight outpatient clinics in Chile, Colombia and Peru. Sales were up 14.5% to CLP 265bn (US$ 380m) in 2015, with a 9% EBITDA margin. This year it plans to invest over US$100m to expand capacities in all three countries, jumping from 1,900 to 2,500 hospital beds. We talk to CFO Javier Eguiguren.
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