Healthcare Europa

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Falck set to sell off part of its business, claim sources

Sources close to Falck, the international ambulance, fire service, homecare and healthcare group, say it is talking to interested parties about selling off parts of the business. But, as we hear a big deal is on the cards,  what is it likely to sell – and for what kinds of multiples?

Care home group Four Seasons announces capital restructuring plans

Britain’s second largest care home group has accounted plans to reform its capital structure that it says are needed to stave off default on existing debt. Britain’s second largest care home group has announced plans to reform its capital structure that it says are needed to stave off default on existing debt.

The four things we learned at this year’s Global Health Insurance Conference

There's a crisis in healthcare insurance in which traditional players face being squeezed out by large tech-savvy players entering the market and cozying up to providers. But there are also opportunities for insurers willing to embrace change quickly. Healthcare Europa was at the 9th Global Health Insurance Conference in Amsterdam at the end of last month talking to delegates to find out more.

EQT swoops on Pan-Euro dentistry platform Curaeos

Swedish private equity group EQT pre-empted second round bidding for Curaeos, the Dutch dentistry group which has expanded into Belgium, Denmark, Germany and Italy. But it is paying the seller, Bencis Capital Partners, a very high price. We look at the price and the roll up.
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Insight & Interviews

“We can meet the needs of the baby boom generation with today’s medical capacity”

That is a very bold statement indeed. But Prof Richard Boucherie at the Centre for Healthcare Operations Improvement and Research (CHOIR) of the University of Twente in the Netherlands, reckons it is true. For the past 15 years CHOIR has been helping Dutch hospitals, labs and homecare groups to increase their efficiency through mathematical modelling using operations research methods including queueing theory, optimisation and computer simulation. We interview him on how such an approach can make massive efficiency gains.

Interview: Dr Peter Bazso, Director, Duna Medical Centre, Hungary

The Duna Medical Center (DMC) aims to be the most substantial private hospital in Hungary, with an ambitious building programme, and the only one that covers almost all surgical areas. Healthcare Europa speaks to its director Dr Peter Bazso about its business model, expansion and the wider market in Hungary.

Pan-European dentistry is here, but at what price?

The first truly Pan-European dentistry giant with clinics in around ten countries could soon be a reality after years of gradual bottom-up consolidation. A huge fragmented market remains to be conquered – but we hear concerns that prices are coming unstuck from reality.

Interview: Stefaan Gieelens, CEO, Aedifica

The CEO of the Belgian and Pan-European property investor Aedifica reveals to Healthcare Europa the ace up his sleeve in Europe’s increasingly competitive healthcare property market.

Waterland scotches Median for-sale rumours

Rumours that the private equity firm Waterland will sell the German rehabilitation giant have started to circulate. We put them to partner Dr Carsten Rahlfs and discussed the future of the market and acute care group ATOS.

Interview: Teo Sarda, Sphera Global Health Care

Operating in 25 countries and across four continents, Sphera Global Health Care is building a global network of local expertise. Working mainly with insurers, the group acts as a middle man to assist access to international-standard medical services through local infrastructure – if it is not available. We speak to CEO Teo Sarda.

Interview: Yngvar Tov Herbjørnssønn, CEO of Norlandia

It is one year since Nordics company Norlandia, which runs nursing homes and social care units in Norway, Sweden and Finland, appointed its new CEO Yngvar Tov Herbjørnssønn. Healthcare Europa chats with him about the group's relationship with municipalities, international expansion and changes in the long-term care market in the region.
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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.

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?

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.

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.

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.

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?

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.

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.

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?
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