Healthcare Europa

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NMC signs JV with Saudi state-owned investor

London-listed GCC operator NMC Healthcare has signed a joint venture with the investment arm of Saudi Arabia's private sector pension fund in an all-equity deal. We talk to local contacts and NMC about what both sides are looking to get out of this.

Medgate AI project to cut costs by 30-40%

Digital healthcare pioneer Medgate is evaluating opportunities in Germany and other European countries. A chatbot based on the 12 million telehealth sessions it has held over the past 19 years is in development and will be launched at the end of 2018 and should reduce costs by 30-40%, Medgate CEO and founder Andy Fischer tells Healthcare Nova. 

Medgate AI project to cut costs by 30-40%

Digital healthcare pioneer Medgate is evaluating opportunities in Germany and other European countries. A chatbot based on the 12 million telehealth sessions it has held over the past 19 years is in development and will be launched at the end of 2018 and should reduce costs by 30-40%, Medgate CEO and founder Andy Fischer tells Healthcare Europa. 

The problems with investing in MENA

The biggest problem with investing in healthcare in MENA isn’t returning capital – it’s raising it in the first place. But it's not the only problem. Dr Helmut Scheuhsler, chairman and managing partner for TVM Capital in Dubai and Munich, shared his thoughts about at HBI 2018.

NMC growth makes it a FTSE 100 one to watch

London-listed Middle Eastern healthcare group NMC Health saw impressive 31% revenue growth – half organic - and 43% EBITDA growth in 2017. Net profit, margin and EPS are also up, and the healthcare segment has outperformed distribution significantly.

Medical tourists “will return to Egypt”

Dr Ismail Aboul Foutouh, the CEO and founder of IVF centre Bedaya Hospital, gives Healthcare Nova an overview of the biggest IVF provider sector the Middle East and says why he believes there will be a revival of medical tourism in the country.