Terveystalo, the largest healthcare group in Finland by revenue, has acquired Siverpersoona Oy which offers speech therapy and speech impairment services. In 2020 Sivupersoona’s revenue was approximately €3.5m.
The heaviest hitters in Europe’s digital health market have valuations at an all-time high: Babylon is valued at $4.2bn, Kry at $2bn and Alan at €1.4bn. There remains, however, a huge disparity between the M&A and the fundraising markets, with most buyers of these start-ups opting for early-stage acquisitions. HBI gives an overview of the market.
Next year, Germany will launch a new telemonitoring reimbursement scheme to give families and carers free homecare tech. A similar bill for chronic disease management in France also might squeeze its way into next year's health budget.
AXA and Microsoft have launched an ambitious and innovative digital healthcare platform that is already live in Italy and Germany with other major European countries to follow over the next six months.
Abu Dhabi will work with Israel's largest payor-provider Clalit and its largest hospital Sheba Medical Centre in two separate MoUs that promise to work on population health management, genome sequencing and digital health services.
The UK government is launching a new data strategy that aims to digitise, connect and transform the health and care sector, recognising the power of data being used to save lives during the pandemic
The pandemic is causing many businesses and their investors to reassess their plans - and their portfolios. HBI speaks to Ray Berglund, Head of European Healthcare and Life Sciences at management consultants Alvarez & Marsal, and his colleague and Managing Director Dominic Orchard, about why they have never been busier, and the clear trend they are seeing towards carve-outs.
Acquisitions in the European telehealth space are ramping up this year thanks to some mid-sized consolidation plays. HBI speaks to the CEOs of the buying parties: Ranjan Singh from HealthHero and Murray Ellender from eConsult.
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