Belgium

 

HBI 2017: How the attitudes of governments are shaping the elderly care market

Different governments have differing attitudes to private healthcare operators. Some positively encourage them, as in Finland where legislation is being brought forward to promote choice, while in others there is a pervasive attitude that there's something wrong with making a profit out of providing what is seen as a public service – even if it can be done cheaply and to a high standard. Experts gathered at HBI 2017 to share their experiences operating in the elderly care market.

HBI 2017: The future of elderly care in Europe – from silos to clusters

The number of elderly people in Europe is rising to unprecedented levels. In the last 15 years, the number of people aged 80 and above in Europe has risen by 60% - and in Western European countries like Germany and Italy, it's even more. With this has come a rapidly rising need for more care, and a growing group of patients with chronic illnesses. HBI 2017 explored the major trends in elderly healthcare for the region – and looked ahead to how operators will need to change their approach.

Belgian-owned Chilean healthcare provider gets IFC funding for LATAM senior healthcare

A Belgian-owned Chilean healthcare provider is to receive up to $10million from the International Finance Corporation (IFC) – a member of the World Bank Group. IFC will invest the sum in equity in Seniority Chile S.A., a provider of senior healthcare services in Latin America that operates under the brand name of Acalis. This is IFC’s first transaction in senior healthcare services. We speak to Bart Vanderschrick, CEO of Belgian group Senior Assist International which Seniority Chile S.A. is part of.

Cofinimmo gets personal

Belgian healthcare REIT Cofinimmo deepened its investments into the medical office building (MOB) space with a €4.5m acquisition in Goirle, Holland. The investment offers a gross initial yield of 7.48% on a double net lease contract indexed annually. The agreement has a weighted average of seven years shared between multiple tenants.

Cofinimmo spends in Germany, Belgium and France

The Belgian REIT Cofinimmo announced €25m worth of investment this week, and indicated the European healthcare property market is pivoting towards Germany, as a steady flow of acquisitions continues there, yet prove scarce elsewhere on the continent.

Armonea enters Spain and Germany

Belgium's largest care group Armonea has bought care operations Deutsche Pflege und Wohnen (DPUW) in Germany and La Saleta in Spain. These are Armonea's first international deals, which add up to a network of 125 nursing homes with 14,000 beds and sales of €420m in total. The plan is to expand nationally upon these platforms, CEO Chris Cools says.

Korian buys in Belgium

Europe's largest care group Korian is buying Flemish not-for-profit provider Foyer de Lork, with 1,000 beds in 14 facilities plus 250 places in assisted living and sales of €70m in 2015. Korian's Belgian operation expands to 7,500 nursing home beds, 500 assisted living places and sales of €290m, making it Belgium's second largest care group after Armonea.

The cost of getting culture wrong in long-term care

Cultural issues are at the forefront of the difficulties in running and investing into long-term care in emerging markets. At the Healthcare Business International 2016 conference, the CEOs of Senior Assist, Belgium’s third largest care home operator and a player in Latin America and Turkey, and TVM Capital, a private equity firm investing in rehabilitation in the Middle East, shared their views on the sector.

Medical drones by 2017?

Delivering medical samples by drone is faster, cleaner, safer and cheaper, claims Diego Cerutti, manager of the healthcare unit at Franco-Luxembourgois logistics group, Flash. It has developed its own packaging unit and attached it to a drone with a range of 20 miles that will be tested with real samples this summer. A consortium has come together to grow the project and Flash has already received calls from interested lab groups and hospitals in France, Belgium and Luxembourg. And this is not a pipe dream – Cerutti is talking about 2017 or 2018.

Transforming public hospital labs

We talk to Dr Danielle Govaerts, lab director, Hôpital Civil Marie Curie in Charleroi, Belgium about how the hospital transformed its lab, how it is moving further into outpatient care and about competition with the private sector.

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