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News

Intermedica tight lipped about plans to sell, IPO – or both

Intermedica, the private Brazilian payor-provider headquartered in Sao Paulo, Brazil, is refusing to comment on its prospective stock market flotation or sale - telling Healthcare Nova that, at this stage, it is “not allowed to comment on anything to do with IPOs or strategy”. But according to one sources in Brazil, Intermedica may go for a mix of both IPO and sale.

Egyptian efforts to engage foreign patients

Egypt, despite a rocky socio-political past, is being touted by the government as a venue for medical tourism. Healthcare Nova speaks to Ghada Ganzouri, board member and head of business development at Ganzouri Specialised Hospital (GSH) in Cairo, about the country's potential to become an international medical hub.

Stent price cap hurts Indian groups

Margins at Indian hospital groups are under pressure after the National Pharmaceutical Pricing Authority (NPPA) fixed the prices of stents last month, says Navneet Bali, COO of International Oncology Group Services.

Will labour reform ignite the Brazilian homecare market?

Next on the reform agenda for Brazil’s centrist-Temer administration is the 70-year old labour code, 900 articles that menace businesses and are often blamed for 12% unemployment. The homecare industry, which relies on informal labour, could be a major benefactor predicts the CEO of the country’s largest formal chain.
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Insight & Interviews

Interview: Frederic Llordachs, CEO of review and booking site Doctoralia

Doctoralia, the Spanish-based online healthcare appointment booking and review site with a strong presence in Latin America merged with its Polish-based competitor DocPlanner last year. Healthcare Europa talks to Doctoralia CEO Frederic Llordachs about business models, the merger, and the future of booking sites.

Interview: Fadil Elamin, Founder, Khartoum Dentist, Sudan

Sudan is open for business. And those willing to take the risk of entering a previously sieged economy, may find themselves turning over more than $32m a year, just like Fadil Elamin who runs Khartoum Dentist, a growing chain of dental clinics in the capita

Interview: Prof Dr Hatem Elgabaly, CEO, RX Health Management

A serial healthcare entrepreneur who also spent five years as Egypt’s Minister of Health and Population, Prof Elgabaly is now raising a $200m healthcare fund for investment in Healthcare in Africa and is already at present proceeding with investments. We talk to him about the Egyptian and wider African markets and about his investment approach.

Interview: Ariel Beery, CEO of MobileODT – turning mobile phones into diagnostic equipment

Are mobile phones the latest in high-tech, low cost diagnostic equipment? The humble mobile is being transformed into a medical tool, and the team behind this transformation say their bolt-on device brings expert clinical diagnosis to previously inaccessible areas. We caught up with Ariel Beery, co-founder and CEO of Israel-based MobileODT - which is in the running for the HBI Best Use of Digital Award at our 2017 conference in April - about his business model.

Interview: Dr Nelson Gitonga, CEO of Insight Health Advisors

With experience of supporting the private sector, NGOs, development partners and the Kenyan Government, Dr Nelson Gitonga is well versed in the Kenyan health system. Right now, his services are likely to be in high demand. The country’s healthcare market is buzzing with foreign entrants and local players looking to cash in on a period of rapid growth. In this interview, Gitonga puts recent developments in their historical context and points to some areas of common oversight.

Digital insurers to dominate Asia

The insurance group Aviva’s recent sale of part of its Hong Kong business to internet giant Tencent proved digital is the destination for China’s insurers. But it’s in health insurance that “digitalisation” will show its true worth predicts Thalia Georgiou, founder of the consultancy Asia Care Group.

Apollo Hospitals Dhaka slashes discharge times as it tackles a cultural issue

Apollo Hospitals Dhaka, a joint venture between its Indian namesake and the Bangladeshi STS Group, is Bangladesh’s first Joint Comission International accredited hospital. But Apollo’s chief of medical services Dr Prasad Muglikar tells Healthcare Nova it wasn’t costs or resources that were the main barrier to solving the problems of a lack of accountability and leadership on its wards – it was culture.

Interview: Dr Susann Roth, Senior Social Development Specialist, Asian Development Bank

The Asian Development Bank (ADB) lends more than US$16bn to projects across the continent each year, primarily in the infrastructure field. Last year, just US$0.34bn of that lending went to health - but that is set to change as the bank's interest in social sectors is growing. So what role does the bank believe the private sector should play in the region's health systems? How will they achieve universal health coverage (UHC)? And how good is existing regulation? These are the questions we put to Susann Roth, a German doctor and public health specialist who has been with the bank for more than seven years.

Interview: Manasije Mishra, CEO Aetna India, MD of Indian Health Organisation

Manasije Mishra is the CEO of Aetna India, and managing director of Indian Health Organisation (IHO). IHO runs a membership scheme which, for a modest fee, gives its half-a-million members access to everything from free consultations with a doctor to access to discounted outpatient and lab services, and telemedicine. We talk to him about his business model, his members, and his plans for expansion.
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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.

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?

Spotlight on labs: India and Brazil

We look at labs in India, and profile the big lab and imaging groups in Brazil. Future articles will also look at the sector in China and across SE Asia and Africa.

The future of healthcare in Nigeria: PPPs and the NHIS?

Healthcare investors generally take a fancy to Nigeria. Africa’s most populous country has a growing middle class and will one day finally put some distance between itself and South Africa as its largest economy. The petrodollars already flow freely into healthcare. But no one has bothered to keep them in the country: not the existing fragmented private sector, nor the government, which has other priorities – President Buhari has been treated in London, after all! So, surely, all that’s left to do is fly in, start a JV with a local partner, consolidate and cut off the medical tourism leak at source?

Latam countries thriving despite recession

Despite, or perhaps because of the recession, prospects for private healthcare services in Latin America are good. The financial crisis in public healthcare is forcing governments to rethink attitudes to the private sector and to open up the sector to external investors. And new, innovative models are emerging. In this 6,000 word report we give a detailed analysis of the six main markets – Brazil, Mexico, Argentina, Chile, Peru and Colombia, and over the next few days we'll be profiling those major players, country by country.

Universal health coverage and private health care: Friends or foes?

Universal Health Coverage is now explicitly targeted by the third sustainable development goal set out by the United Nations. Increasingly, governments around the world want to offer it to their citizenry. Where the capacity will come from is less certain. In this report, Healthcare Nova asks experts at the forefront of UHC schemes from India to Mexico, where UHC is today and what role the private sector should play in extending healthcare access to the poor?

Private insurers in East Asia: Between a rock and a hard place

Private medical insurers face colossal problems in China, India and across South East Asia. At this month’s Asia Healthcare Summit in Singapore, they were better at describing the challenges of culture, fraud and overtreatment than they were at coming up with solutions.

KPMG report: Global trends in aged care

In its Global trends in aged care report, KPMG identifies five key themes that are likely to shape the elderly care market - based on interviews with experts in 20 countries.

Rating and booking sites: Threats or Friends?

There are growing signs that a new generation of rating and booking websites will change the face of outpatient care in many Emerging Markets. New players, sometimes backed by hundreds of millions of dollars, are investing in telehealth platforms that promise instant access to patients, partnering with pharmacies and making access to healthcare easier for patients. Some are active in dozens of countries. Here we talk to the major players about their strategies and how they see the market.
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