Sweden

 

Is a 2021 recovery for the care home sector realistic?

Across Europe care home operators are optimistic about recovery, with many saying they expect a return to something like normality by the end of 2021. Is this too optimistic? HBI looks at France-based Orpea and Korian, and talks to a market expert to find out more.

Terveystalo finally goes international

Terveystalo has moved outside Finland for the first time by acquiring one of Sweden's largest occupational healthcare groups, Feelgood. It is the second of Finland's big three operators to internationalise. 

How much of Europe’s homecare is ‘grey’?

This week HBI breaks down data from several sources and illustrates the share of informal homecare in European Countries and the UK. It makes clear just how much care at home is being illegally delivered.

Whistleblower and low occupancy hit Attendo

Pan-Nordic care group Attendo, which runs 350 nursing homes in Scandinavia, is struggling to recover occupancy in Sweden. The picture is better in Finland, but a scandal over the treatment of a whistle-blower in the Swedish press has damaged the groups image. 

PE-backed Swedish primary care group targets digital

The Swedish primary care sector is seeing a buying spree as big groups emerge. The future of primary healthcare in Sweden will involve a mixture of digital and face-to-face services and all major providers will operate a hybrid business model combining the two, says Nick Johansson, CEO of provider Medtanken, which was formed out of a recent large merger. HBI speaks to him to find out why.

Ambea Q1 points to slow recovery for Nordic social care

Recovery in the Nordic social care market is happening slower than expected as provider Ambea expects a hit on revenues and profits in Q1 to continue in the second quarter. Sweden has been particularly badly hit with EBITA down in both its elderly care and disabled care segments.

KRY raises biggest European telehealth round in two years

Swedish telehealth company KRY tells HBI that it will soon launch its mental health offering across Europe and is considering a move into digital therapeutics after raising a $300m Series D. The company confirms its valuation is now above $2bn. Click here to see our telehealth report, and click here to see a profile of […]

Ramsay Santé borrows €1.65bn dirt cheap

Ramsay Santé, the European arm of global hospital group Ramsay Health Care, has refinanced its €1.65bn syndicated debt and introduced an environmental, social and governance (ESG) component for the first time. The interest rate is eye-wateringly low for an S&P BB- rated issue, reflecting the backing that Ramsay Santé enjoys from the French government.

Interview: Raj Shah, Partner and Head of Healthcare, Nordic Capital

Few investors have been as active in healthcare services as Nordic Capital. Or as ambitious in building pan-European platforms in outpatient sectors such as dentistry, veterinary and ophthalmology. Raj Shah is also looking for new deals - Nordic has just raised a massive €6.1bn for its tenth fund of which 30-40% is destined for healthcare. 

Unicare founder furious after ousting

London-based private equity fund G Square Capital has taken full control of private health and care group Unicare. Founder and minority shareholder Tom Tidemann tells HBI he is dismayed by its action - but G Square's CEO tells HBI it was necessary to stop Unicare going bankrupt.

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