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Primary Care

 

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.
October 26, 2015

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?
October 21, 2015

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.
October 16, 2015

Newly branded Avivo Group plans $300m expansion across five Gulf countries and 2017 London IPO

Pan-Gulf expansion could be the new business model for big private operators. We talk to Amitava Ghosal, the CEO of Avivo, the new name for Healthcare Mena, the operator backed by private equity house Al Masah Capital about his plans. He wants to expand out of the UAE and Kuwait and into Qatar, Oman and Saudi Arabia with a specialist outpatient clinic chain. Future steps include hospitals and SE Asia.
October 16, 2015

Report: Healthcare Europa Property Survey 2015

There is intense investor interest in healthcare services property across Europe. Fund manager Marc Phillip Martins-Kuenzel, at German real estate investor Corpus Sireo claims that he had 400 approaches from prospective buyers in a single year. This reflects the global search for high yielding investments. But healthcare property also carries risks. Some sectors such as the French hospital market, where major deals have been done, look risky as the government cuts tariffs. And the sector remains opaque and poorly segmented. There are plenty of traps for the unwary. It is also far from clear how much new capacity will come on stream for investors over the next decade. Here we look at whether and when the boom will go bust. First, we run through the headlines and what has happened to prices. We then go on to look at supply and demand. Other articles profile the main US and European property investors and the main national markets.
October 2, 2015

babylon health to launch “revolutionary” AI within a month

The innovative UK telehealth business, babylon health, will launch its hotly anticipated artificial intelligence (AI) programme within a month, says its founder and CEO Dr Ali Parsa. It will use computer pattern recognition to diagnose common illnesses, making diagnosis effectively a free service. We talk to Parsa about the business, which plans to roll out its service through the English NHS as well as in the Bahamas, but appears to have postponed its entry to Rwanda.
September 18, 2015
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