Speculation continues to mount about the future of the two big Finnish health care services groups, outpatient specialist Terveystalo and outpatient and care group Mehilainen. A source close to both tells us the sale that both have been chasing is now looking increasingly unlikely - and a €1bn+ valuation IPO for both is definitely on the cards.
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News
Affidea enters minor injuries treatment market in Ireland
Pan-European diagnostic imaging group Affidea is planning to expand its services in Ireland – including treating minor injuries and ailments in some of its clinics by the end of the year.
August 11, 2017
IPO or trade sale – who will buy the big Finns?
Two big Finnish health care service groups, outpatient group Terveystalo and outpatient and care group Mehilainen, are both coming up for sale. Both are experts on digital health and have probably unrivalled numbers of connected patients. So who will buy them? And what will they pay?
August 11, 2017
MedLife makes a hospital acquisition as net profit rises three-fold
Romania’s largest private healthcare operator MedLife is buying 55% of Valdi Medica, which owns the Humanitas hospital in the Western city of Cluj-Napoca. The group also released its H1 2017 results showing net profit had tripled.
August 10, 2017
Digital health and brokerage in Switzerland
We talk to a start-up launching a new way of broking health care services in hugely over capacity Switzerland, and ask about its plans to build a primary care digital health platform.
August 10, 2017
Private equity piles into German psychiatric group auction
The German psychiatric group Oberberg is for sale and private equity may be set to pay a sky-high multiple for the European premium psychiatry platform.
August 9, 2017
Unilabs acquires Peruvian lab group
Swiss clinical laboratory testing chain Unilabs is to buy Peruvian lab group Blufstein for an undisclosed amount.
August 9, 2017
Four Seasons exploring options to deal with its debt
Britain’s largest care group Four Seasons continues to search for a solution to its mountain of debt as the group runs out of room to improve occupancy and fees.
August 9, 2017
Quironsalud acquisition proves a success for Fresenius
The successful integration of Spain's largest hospital chain Quironsalud bolstered the 2017 first half results of German healthcare giant Fresenius, with Q2 showing strong growth for hospital division Helios. But it wasn't all good news, with renal care division Fresenius Medical Care proving a lot less successful.
August 8, 2017
Mayo and others close in on London hospitals
Moves are afoot in the London hospital market with developments in the Mayo Clinic, VPS Healthcare and Avon House deals.
August 4, 2017
Insight & Interviews
Interview: Jos Lamers, CEO of laboratory and imaging diagnostics group Unilabs
Switzerland-based diagnostics group Unilabs appears on track to meet its target to become a €2bn giant, after buying four companies based in three continents in just 48 days. CEO Jos Lamers tells Healthcare Europa why it is becoming increasingly important to diversify internationally.
August 16, 2017
Interview: Andrew Hynard, chief executive, Howard de Walden Estate
The medical district of London, known simply as Harley Street, is a cross between a national heritage site and centre of pioneering medicine. For medical tourists that’s an attractive mix, but there's also a tension between the two sides and resolving it is getting harder by the day.
August 10, 2017
Interview: Departing BMI Healthcare CEO, Jill Watts
The CEO of the UK’s largest hospital chain is stepping down after three years in the job. Healthcare Europa catches up with Jill Watts from BMI Healthcare, the UK-based group owned by South African giant Netcare, to talk strategy, markets and growth.
August 7, 2017
Interview: Paolo Silvano, general director at Vivalto Santé on France’s reform attempts
The new Macron-led government is planning to change the way in which private hospitals are remunerated to take into account quality of care and outcomes. But Paolo Silvano, general director of France’s third largest hospital chain Vivalto Sante, says there is a long way to go.
July 12, 2017
Interview: Timo Lappi, Co-Founder & CEO, Heltti
Heltti is a Finnish occupational healthcare provider serving almost exclusively (95%) knowledge workers in Helsinki, Tampere, Espoo and Oulu. CEO Timo Lappi believes the country's health and social care market has gone stale while policy makers obsess over administration. He wants to shake things up and shares his thoughts with Healthcare Europa.
July 6, 2017
Interview: Zeeshan Syed, CEO at start up Health(at)Scale, on big data now and in 3-5 years
Using AI and machine learning to interpret big data promises to cut fraud, cut costs, deliver massive system improvements and improve diagnosis. Worldwide, there are probably over a thousand IT companies seeking to use big data to improve healthcare outcomes, ranging from Dr Watson, Microsoft, Google, Siemens, Philips and GE through to a myriad of start ups.
July 5, 2017
Interview: Sam Myers, Principal, Balderton Capital
Early-stage investor Balderton can namedrop the likes of Betfair, Lovefilm and Citymapper among its past and present portfolio. Based in London, and with a $2.3bn fund, it has a track record of building successful consumer businesses across Europe, but has also taken a liking to healthcare with investments in MyTomorrows, PatientsKnowBest and Circle Health. Myers, who heads-up the firm’s Nordic portfolio, thinks it’s only a matter of time before the European consumer has the health system at its finger tips. Here he gives his thoughts on when.
July 5, 2017
Interview: William Stoddart, CEO, Werlabs
Werlabs is a Swedish start-up bringing lab tests to the general public. The group is growing fast from a small base, and is now expanding beyond the Nordics. Its CEO, William Stoddart, believes it can save the health system money and consumers will buy it. Healthcare Europa asks him how.
July 4, 2017
B2C lab tests set to soar in Europe
Direct-to-consumer lab groups are popping up right across Europe. Most are small and offer a limited range of tests, but there’s less to stop labs going straight to the consumer than you might have thought.
July 4, 2017
Interview: Roman Rittweger, founder and CEO Ottonova
Having raised almost €40m, the first entirely digital private insurer is about to launch in Germany. So what is the strategy behind the product, and what does it tell us about digital and health care services?
June 19, 2017
Share your news and insights with us. Email
david@healthcarebusinessinternational.com or call 0207 183 3779.
david@healthcarebusinessinternational.com or call 0207 183 3779.
Reports
Real solutions for retention and recruitment
Recruitment, retention and training are now the primary challenges for the healthcare services industry. The obvious solution to keeping staff - paying more – is no longer working. Private operators around the world are now fishing in a global market that's short of 15m healthcare workers. So what practical solutions are operators putting into force and what really works? We talk to 25 operators from across the world.
March 9, 2017
Healthcare Europa Report: Can you make money in the UK in social care?
Despite increasing bureaucracy, spiralling costs, and local authority budget cuts, there is still money to be made in UK social care – but where and how?
January 4, 2017
MBAs and executive training courses – are they worth the time and money?
You can’t become an expert in healthcare services overnight - but there are courses, MBAs or much shorter executive training courses - which say they can help to transform you or your staff into the next generation of healthcare managers, leaders and entrepreneurs. But can they really do this - and are they good value for money? Where should you send yourself, or your staff, to fill any gaps in knowledge that might be putting the brakes on a career? And does it matter if the management course isn’t focussed on healthcare at all?
December 14, 2016
Reading the future of the European labs sector
The European diagnostic lab sector in 2016 presents opportunities, but also substantial threats. Apart from seizing market share from competitors, there are four ways that labs can grow sales – consolidation/rationalisation, diversification into new test groups, outsourcing and finally moving into other areas - be that imaging or outpatient specialty care.
November 11, 2016
The rise and rise of digital primary care
A battle is being fought over England’s 340 million annual GP consultations. As waiting lists rise in the NHS, patients are flowing to a host of digital upstarts. Competition is fierce, prices are low and no one seems to like each other very much! We uncover the story of their race to get ahead.
October 21, 2016
The changing face of cosmetic surgery in Europe
Cosmetic surgery is en vogue in Europe. France and Germany alone saw over 1m procedures conducted for the first time in 2015. But a growth in popularity doesn't necessarily mean the arrival of a consolidation trend. While private equity groups like Aurelius and Polaris have invested in national chains, the market remains extremely fragmented. In this feature, we take a look at the emergence of new players, find out which treatments are growing and ask several executives in the sector about their plans.
August 31, 2016
Greek private hospitals: between Scylla and Charybdis
During the peak of the tensions on Greece’s potential exit of the euro in the summer of 2015, private operators told Healthcare Europa of their difficulties to stay afloat in light of a 40% claw-back. Meanwhile, there were reports people could not afford to pay upfront costs and that hospitals were running dangerously low on the supply of basic medical equipment. So has anything changed?
August 25, 2016
eHealth – changing the role of the insurer – and nudging the insured to get healthy
The health insurance industry faces revolutionary change. eHealth is moving healthcare down the acuity curve, personalising treatment and bringing a new generation of wellness treatments online through mHealth apps. This, in turn, creates data, data that insurers are eager to get their hands on. They increasingly are, by creating their own bespoke apps or partnering with aggregators or popular wellness apps. But, adapting their business models to the data-driven economy, is moving insurers from a passive to an active role in people’s health, and raising tensions with consumer interests.
August 22, 2016
eHealth: towards paperless healthcare systems
“eHealth is like teenage sex: everyone talks about it, nobody knows how to do it, everyone thinks everyone else is doing it, so everyone claims they are doing it,” was how one attendee at eHealth in Amsterdam used Dan Ariely’s famous take on big data, summing up where the sector is today. There is more than a grain of truth in the jibe. But there is real progress. By 2018, 18 EU member countries are set to go live with the exchange of patient records and e-prescriptions. Estonia, the only country in the world to have a nation-wide Electronic Health Record (EHR) system built its eHealth system for only €10m –the equivalent of €7.50 per head. And Mhealth, remote monitoring and artificial intelligence all promise to transform the sector over the next decade. We investigate progress to date.
July 1, 2016
NHS evolution presents a new challenge for private sector
The NHS in England is experiencing an unprecedented crisis as funding deficits and waiting times rise. Pressures on the social care industry, where tariffs and costs are tracking divergent paths, are adding to the strain. The solution in the form of a compromise between the Treasury and NHS England guarantees £8bn of extra funding by 2020 in return for efficiency gains of 2-3% a year, leading to new care models that should join services together, improve care and save costs across the system. But what is the role of the private sector in this changing landscape?
