Healthcare Nova

The only information source for private healthcare services in Emerging Markets, click here to download a brochure


New lab group plans Filipino market consolidation

Newly formed Great Asia Pacific Healthcare Corp plans to become the largest laboratory group in the Philippines, according to founder Clark Allen Cruz. Healthcare Nova talks to him to find out how.

“Hawaii of China” promotes international medical tourism

The "Chinese Hawaii" is being promoted heavily as an international medical tourism destination, with tax incentives and the promise of "accelerated construction" by a regional government keen to encourage international investor and operator interest. 

Africa: Five definites, four maybes and nine no-nos

Health is becoming big business in parts of Sub-Saharan Africa. As its countries become more urban and populations become more affluent, private operators are seeing opportunities to invest, and to make a difference to people’s lives – particularly as public health sectors struggle to cope. African healthcare expert Dan Schönfeld, former head of investments at Vital Capital, offers his personal assessment or where he would, and wouldn’t recommend putting your money.

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.

Qualitas’ IPO plan on Singapore Exchange faces challenges

Malaysia-based outpatient and corporate care group Qualitas’ planned IPO on the Singapore Exchange is “work in progress” and has been delayed to later this year, a well-placed source tells Healthcare Nova. HCN reported at the end of 2017 that Qualitas was planning to list on Singapore Exchange (SGX) to raise S$200m (US$152m) in early 2018. […]

Nairobi Hospital is expanding – and open to discussion with investors

We caught up with Gordon Odundo, CEO of the 350-bed Nairobi Hospital in Kenya, at Africa Healthcare Week in London. He tells us the group is developing a new 100-bed pediatric hospital in the city to open by the end of the year, with longer-term plans to move the main hospital to an adjoining new-build site as part of a plan to double its capacity.

Two Brazilian HMOs will IPO by April

Brazilian insurer-providers Hapvida Systema de Saude and Notre Dame Intermedica will go public in the next two months. We talk to contacts in the country - one of whom is in no doubt about which they would invest in.

Higher sales in Brazil boosts 2017 revenue for dental benefits giant OdontoPrev

Rising membership in Brazil lifted OdontoPrev’s net revenue in 2017 as the largest dental benefits company in Latam reports strong growth in sales, but the company warns tax reform will hit earnings in 2018. OdontoPrev does not own any dental chains but has the largest dentist network providing care for its members. It has access […]
More News >

Insight & Interviews

Interview: Hari Buggana, InvAscent

Healthcare Nova speaks to Hari Buggana, chairman and managing director at India-focused investor InvAscent, about what makes a good investment, and why the Indian healthcare market is appealing at the moment.

Interview: Kieran Murphy, CEO, GE Healthcare

GE Healthcare employs several thousand software engineers today. So what will the medtech giant’s role in healthcare look like in five or ten years’ time? As an incumbent, does it see Apple, Google, and Amazon et al as a threat? And what sort of relationship does it want to forge with big private operators? We talk to Kieran who became CEO in June 2017, having run GE Healthcare Life Sciences for five years.

Interview: Dr Bruno Gridelli, Senior Vice President, UPMC International

How do you build an international business delivering high-quality specialist care working with governments, public payors, regions and for-profit operators? UPMC, the big US academic medical centre, has done just this in four very different countries: Italy, Ireland, Kazakhstan and China. We talk to Dr Gridelli about the business model and challenges.

Interview: Abhishek Sharma, CEO, Foundation Holdings

The man who helped turn Al Noor into a US$1bn company is building what he claims is the first major value healthcare platform in the UAE focused on serving the working class. Healthcare Nova chats to Abhishek Sharma, CEO of Foundation Holdings which has just launched Right Health with a view to IPO by 2021.

Interview: Dr Rajgopal Thirumalai, Vice President, Global Medical & Occupational Health, Unilever

Unilever runs a global health and prevention programme in over 90 countries for its 169,000  employees. How? What does Dr Thirumalai (known as Dr Raj) think of the private healthcare services sector? And what changes does he expect in the future? And what does he expect from digital health and AI? Dr Raj is also a non-executive independent director of Apollo Hospitals Enterprise and a speaker at HBI 2018 on April 10-11 in London.

Interview: Charles Wang, Group CEO, Luye Medical Group

Formed as recently as 2015, Singapore-based Luye Medical Group has become one of the major contenders in health care services across China, Australia and SE Asia. It is part of the Luye Life Sciences Group which owns Luye Pharma Group, one of the largest pharmaceutical companies in China and separately listed on the Hong Kong Stock Exchange. Luye Medical Group acquired Healthe Care, the third largest Australian for-profit hospital operators in 2016. It has since expanded its business rapidly adding healthcare operations such as oncology (Singapore), inpatient, outpatient and community based health care services (Australia) and rehabilitation and maternity hospitals (China). The aim, says Wang, is mainly to provide a value-based healthcare experience to meet the needs of the middle class and patients with private insurance coverage across SE Asia, Australia and China. Here we talk to him about Luye Medical Group’s plans and how it views the Chinese market. Wang is a speaker at HBI 2018, the global health care service event in London from April 10 to 11.
More Insight & Interviews >
Share your news and insights with us. Email or call 0207 183 3779.


Where is the genetics industry headed?

The company to offer the first thousand dollar genome claims it will soon have a monopoly in genetics to rival that of Amazon in retail. In doing so, could Veritas Genetics finally deliver on the false promises of the industry and revolutionise healthcare as a whole? 

For-profit medical education – a survey

Public sector education is failing to build the nursing and doctor capacity that is needed around the world.  We talk to academic Kevin Kinser at PennState University in the USA who specialises in tracking the for-profit tertiary education sector about the sector in general and about healthcare specifically.  This is part of a series of articles on medical training and the private sector. 

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?
More Reports >