German rehab and acute hospital group Paracelsus Kliniken is interviewing candidates to replace former CEO Dr Michael Phillipi, who was appointed following investor Porterhouse's acquisition of the insolvent group in April, and died in September.
Post-acute rehabilitation is fast-becoming the latest sector from which the NHS in the UK is preparing to retreat. And levels of publicly-paid for rehab elsewhere in Europe are often surprisingly poor.
HBI speaks exclusively to the broker behind a record real estate deal in Europe, after Medical Properties Trust (MPT) sold a 50% stake in its Median Kliniken portfolio in Germany for over €800m.
It is ironic that conferences on best practice in healthcare are dominated by Americans – the people who have the world’s most dysfunctional healthcare system. Israel and Taiwan are much better bets. So how do they do it?
Stripping away M&A and financial things like indebtedness, all for-profit healthcare businesses will succeed or fail based on these three parameters. And all can be measured along them, too.
German and Spanish hospital giant Fresenius Helios saw 10% revenue growth in the first six months of 2018 and nearly the same EBITDA growth. Fresenius group CEO Stephan Sturm says Helios is looking at a third country, and we talk to an analyst about the various M&A opportunities the group has been linked to as well as the outlook in Germany generally.
German rehabilitation giant Median is being put up for sale by its owners Waterland, according to sources. A local healthcare consultant says that, although this is line with a standard private equity exit timeline, a recent reform might make now a particularly good time to sell.
The Saudi Arabian government has released its draft PPP law. We look through the 50-page document which covers foreign ownership, labour laws and real estate, and speak to Colliers International's head of healthcare in MENA who tells us as far as the last of these is concerned, there is a pleasant surprise.
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