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Bupa growth strongest in emerging markets

The global healthcare group Bupa, experienced rapid growth in markets as diverse as Saudi Arabia, Hong Kong and Chile. It continues to make acquisitions across emerging markets, as well as launching new healthcare insurance products and distribution agreements. Global sales rose 7% to £4,916m from the first half of 2014, at constant exchange rates (CER), or 3% taken at actual exchange rates (AER). Underlying profit before taxation hit £253.3m, an increase of 2% at CER, or a fall of 3% at AER. In a wide-ranging interview, CEO Stuart Fletcher, spoke to Healthcare Nova about the results and Bupa’s future plans.
August 7, 2015

UK care industry in “serious position,” says Bupa CEO

The CEO of Bupa, Stuart Fletcher, spoke of his concern for the UK care industry, after the latest half-year results revealed 10% fall in UK profits, despite a 7% rise in global revenue at constant exchange rates. Half year sales to 30 June, 2015 came to £4,916m, up 7% on the first half of 2014. Taken at actual exchange rates, sales increased by 3%.
August 7, 2015

UK care industry in “serious position,” says Bupa CEO

The CEO of Bupa, Stuart Fletcher, spoke of his concern for the UK care industry, after the latest half-year results revealed a 10% fall in UK profits. Sales rose 7% to £4,916m, at constant exchange rates, or 3% taken at actual exchange rates. Underlying profit before taxation hit £253.3m, an increase of 2% at constant exchange rates (CER), but a fall of 3% taken at actual exchange rates (AER).
August 7, 2015

FREE BLOG Which is the better model: BDMS or Bumrungrad?

This week we conclude our investigation of the Thai healthcare industry. Without doubt, a fascinating market with huge growth potential, that is now spilling over into the greater ASEAN region. One feature that is unique to the country is the sheer quantity of listed hospital groups – 13 at our latest count. And amongst the […]
July 24, 2015

Myanmar embarks upon the long road to universal healthcare

The legacy of a British healthcare system, but without the infrastructure; that was the key issue highlighted by Myanmar’s deputy minister of health, Dr Thein Thein Htay in Bali last week at the Southeast Asia Healthcare Summit. Myanmar is now in phase 1 of implementing universal healthcare for its 50 million population by 2030, but the road is long, winding and heavily reliant on donor support.
July 10, 2015

Vietnamese hospital vies to become regional hub

One of the largest private hospital operators in Vietnam plans to open an international hub and spoke model by building 15 primary care outpatient clinics in Vietnam, Cambodia, Laos and Myanmar.
July 10, 2015

Sri Lankan market growing at 15% per annum

The Sri Lankan healthcare market is growing at breakneck speed says director of Hemas Hospitals, Murtaza Esufally. Problems with the public system are driving patients towards the private sector.
July 8, 2015

Report: Thailand: Asia’s Dark Horse

Nestled between the giant Indian, Chinese and Malaysian markets, Thailand has long passed under the radar. No more. Public health reform and aging populations have spurred rapid growth. And no longer content with medical tourists, its highly profitable hospital groups are moving abroad. Can these dark horses take advantage of the integration of ASEAN and become the dominant force in the region?
July 6, 2015

Myanmar groups fight back against medical tourism

It is estimated that Myanmar loses 100,000 patients and $200m a year to medical tourism, says Soe Myint, founder of the local Family Mandalar hospital group. Foreign groups such as Indonesia’s Siloam and Thailand’s Thonburi, have been drawn in. Siloam is investing $1bn in Myanmar over the next ten years. But local groups are fighting back.
July 6, 2015
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