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Outpatient (ex Primary Care)

 

Exuberant international expansion

Operators in Emerging Markets are increasingly moving into other countries, often nations halfway around the world. There is a big IPO pipeline to fund all this growth. And investors like TVM Capital and Abraaj are planning massive greenfield site developments.

How the Cleveland Clinic has cut costs

The US non-profit clinic cut costs by $513m in the 2014-15 financial year according to its CEO, Dr Toby Cosgrove. Some of its reforms are interesting and unusual. Here is a quick run-down.

Tendcare set to expand

Pan-Asian private equity house Olympus Capital Asia recently announced that it has committed $40 million to Tendcare Medical Group, one of the largest private hospital management companies in China.

Largest Philippino group enters Middle East

The Medical City (TMC), the Philippines’ largest hospital group, plans to roll out clinics across Dubai and then up to 20 across the GCC (Gulf Cooperation Council) countries. It will do this in partnership with SAMA Medical Services (Kuwait), which is 20% owned by Kuwaiti trading conglomerate Al-Mulla Group.

Report: How do we drive innovation in healthcare delivery?

What could an organisation like the London Business School possibly add to the debate on innovation on healthcare? Enough health ministries, think tanks and hospital groups are dedicated to this question already. And yet leading figures from the NHS, Bupa, the Cleveland Clinic and Aravind Eye Hospitals gathered there last week to find out. A series of interesting debates pinpointed the forces that are cutting through the miasma of healthcare systems and unlocking disruptive innovation. Here we focus on three: patient empowerment, a focus on outcomes and transparency and remodeled, rationalised healthcare systems.

Doctolib plans Pan-Euro expansion

Slick B2C medical booking system Doctolib plans to expand out of France in 2016-17. In 18 months the start up has grown to over 100 staff, signed up 5,000 doctors and dentists and claims 2m patient visits a month. But how easy is to build a Pan-European platform?

Trouble at MC Groep Lelystad cardiology department

All four of the cardiologists at MC Groep’s Lelystad hospital are absent from work following an unpopular move to outsource cardiology work to rival chain Cardio Centra Nederlands. MC is the largest (well, actually the only) hospital privatisation group in the country.

Georgia Healthcare Group to IPO in three weeks

The Republic of Georgia’s dominant private healthcare operator plans to list on the London Stock Exchange in the first week of November 2015. Talking to Healthcare Nova, Georgia Healthcare Group CEO, Nikoloz Gamkrelidze also confirmed it expects to raise $100m in the primary listing and a secondary listing may follow. The money will be spent on 20-30 new ambulatory care clinics and renovating two hospitals in Tbilisi, as Georgia continues its journey towards universal health coverage before next year’s election.

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