Healthcare Tourism

 

Covid: The double whammy – who will be left standing?

In a recent paper on the medtech outlook for Europe, UBS, looked at how Singapore and Toronto bounced back from pandemics. Pent up demand simply led to double growth rates the year after. But Covid is two things: a pandemic coupled to a steep recession, almost certainly worse than 2008. We look at what this means for a sector where private equity has often geared up to the hilt.
April 16, 2020

COVID-19: Threats and opportunities

Covid-19 is going to have a huge impact on for-profit healthcare services. In the first of a two-part report, we look at what that will be at a sector and country level. Digital health looks like being a winner, Ping An claims online consultations are up tenfold, with the spectre of a crash in elective procedures hanging over for-profit hospitals and specialist outpatient chains. We also look at the likely impact on M&A.  The second part of this report, focussing on the care sector, will be published next week.
March 5, 2020

NMC identifies $335m side deals and sacks CEO

In an announcement put out after trading, the independent review board appointed by NMC has identified side deals on procurement worth US$335m with the founders for which NMC is liable and that were made without board approval. It has also removed Mr Prasanth Manghat from his position of Director and CEO of the Company with immediate effect.
February 26, 2020

Interview: Rajesh Rao, CEO, IndusHealth

US healthcare is so prohibitively expensive that not only are employers paying for employees to have surgery abroad and covering all costs - they are paying the employees thousands of dollars as an incentive to go too! HBI speaks to the CEO of a company trying to grow the US employer-funded medical travel segment, who sees opportunities for providers in Europe and Latin America.
December 19, 2019

Dispatches from Arab Health

Arab Health never seems to get any smaller. HBI travelled to Dubai and spoke to some of the 84,500 attendees and 4,150 exhibiting companies. But, strip out the hoop-la, and what is really going on at ground level? Here are our main takeaways from the four-day long event:
February 7, 2019

Saudi German makes plans in Nigeria

MENA hospital group Saudi German has partnered with a major Nigerian politician's healthcare company to build a referral centre, diagnostic centre and 100-bed hospital in the capital Abuja. This will provide an excellent channel for referring out-of-pocket payers to Dubai - but Saudi German is keen to stress it should also generally help stem the tide of medical tourists flooding out of the country. 
July 24, 2018

FREE BLOG HBI Awards 2018: Building a sub-brand to appeal to new consumers

When evaluating its patient base in the UAE in 2016, NMC found that the majority came from the Indian sub-continent and the general perception was that it was an Indian healthcare brand. To change this and to increase expat and Emirati patients, NMC introduced a new “Royal” brand of hospital, which focused on the preferences of expats and Emiratis for a personalised care service adding to the overall patient experience. The leading non-Royal brand NMC hospital has 45% of its patients from India, 2% Western expats and 8% UAE national. With the new Royal brand, this ratio was reversed with 45% UAE nationals, 10% Western Expats and 15% from India. Here is how.
May 27, 2018
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