Healthcare Nova

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Healthcare largest segment for Air Liquide in Europe

Global industrial gas company Air Liquide saw its healthcare segment grow by 11.2% to €3.1bn globally in 2016. Healthcare is now its largest business in Europe surpassing industrial gas for the first time.

Cerner set to enter healthcare services in the Middle East

US healthcare IT player Cerner has electronic patient records across the Middle East. It is now set to provide services that will enable governments to better control the spread of diabetes. A large contract is in the offing.

TMC eyes up Saudi Arabia

We caught up with Filipino hospital operator The Medical City and its plans for the GCC to meet the needs of the millions strong filipino diaspora. It also plans to target low paid workers from other countries.

Apps mean primary care can be consolidated

New ehealth apps mean that the primary care sector in emerging markets can be profitably consolidated for the first time. We look at the potential, talk to advisers, investors and operators look and at what will be delivered in the next six months.

How to build an international dentistry chain

Daniel Antón, the CFO of Dentix, Spain’s largest dental chain with 2016 sales of over €258m, following the 2016 collapse of former leader Vitaldent, speaks to us about its business model in Spain, Italy and Latin America. Unlike the newly reborn Vitaldent, Dentix plans to grab new, apparently high risk, markets outside Spain. How?

Vashishta wants to do it all over again

Sanjeev Vashishta, former CEO of SRL, the largest international diagnostic group in India, speaks to us about his plans to build a new lab network, Path Kind, backed by Mankind Pharma Group, which he claims is India’s fourth largest pharmaceutical group.

Iqarus completes first overseas deal with Afghan clinic

UK-based occupational health provider Iqarus, which specialises in “demanding and complex operating environments”, has made its first international acquisition in Afghanistan. We speak to CEO Tim Mitchell about its plans in the war-torn state, and whether Donald Trump’s immigration policy could slash the lucrative market in health screenings needed to get US visas.

Who is buying Atlas Healthcare?

Atlas Healthcare, which runs two hospitals in Oman, is reportedly about to be taken over by a UAE-based operator for OMR10m (US$26m).
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Insight & Interviews

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.

Interview: Omar Arteaga, senior manager at KPMG Colombia

A recent study by Latin American business publication Economia identified Colombia’s hospital sector as ‘the new star’ in the region, with 21 hospitals appearing in its top 44 best hospitals in Latin America. Omar Arteaga, senior manager at KPMG Colombia, explains why.
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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.

So what really happened at Bupa?

After four years, in which he transformed Bupa with a £1.8bn M&A drive, the company announced that CEO Stuart Fletcher is to leave after failing to meet expectations. His departure follows 2015 results which saw a fall of pre-tax profits of 39% to £347m. Where does that leave his plans to build an international brand with strengths in services as well as insurance? What really went wrong? With 2015 sales of £9.8bn, Bupa still has heft. Outside the USA, it remains one of the two largest international private medical insurers, the largest international dentistry player, one of the largest care home groups and, probably, the largest player in outpatient care – certainly the only one with scale in four continents.
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