The CEO of Italy’s largest dental chain claims legislation that would ban majority ownership of dental chains by non-dentists is “almost certain not to pass”.
As forecast here, Life Healthcare has purchased Alliance Medical, the big Anglo-Italian imaging services platform with a limited presence in a further six countries. The enterprise value of between £760m and £800m values the company at around 13 times EBITDA of £60m in the year to March 2016. We analyse the deal, which is a bet on West European governments increasing the outsourcing of medical services.
Life Healthcare, the big South African hospital group with an operation in Poland and stake in Max Healthcare, the big Indian hospital group, is close to purchasing an asset in the UK, says a source close to the deal. South African analysts say it’s looking at a niche market with a component of public sector outsourcing. We look at who.
Spain's special high court, the Audiencia Nacional, has accepted an €18.5m offer from private equity house JB Capital Markets to buy Vitaldent - Spain's largest dentist and Europe's third largest with 341 centres in Spain and another 109 in Italy. Vitaldent has been under judicial review since a tax scandal broke the news in February this year.
Italy’s 2014-2016 Health Pact, which focuses on downsizing the acute sector and on increasing outpatient services, is coming to an end. Andrea Fortuna, associate partner at PwC, says it has resulted in over 10% drop in the number of acute beds over the past five years.
Italy's largest care provider Kos and India's largest hospital group Apollo Hospitals have opened a 64-bed rehab hospital in Hyderabad in an equal joint venture. Could this lead to a network of rehab facilities across India?
Days after opening a €3m diagnostics centre in Moscow, Italian hospital operator Gruppo Villa Maria (GVM) says its first facility in China is to launch early next year. We speak to vice-president Bruno Biagi about the group’s international strategy.
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