Post-acute Rehabilitation

 

Darzalas kickstarts pan-Southeast European rehab platform

Darzalas Capital, the investment firm of Ilian Grigorov, has begun the creation of a Southeast European post-acute rehab and elderly care platform with the acquisition of Greece's largest specialised rehabilitation hospital for nominal €1 plus liabilities. We talk to Grigorov.

Kaia Health eyeing France and UK launch

German digital therapeutics (DTx) app Kaia Health tells HBI it will soon launch in France and the UK after completing Europe's largest randomised control trial (RCT) for DTx focused on a chronic disease. 

Interview: Arjan Toor, CEO, Cigna Europe

Cigna now describes itself as “a global health service company” rather than an insurer and has reorganised its European operations. Toor has recently been promoted to CEO Europe. He says that the insurer, which has 15% (US$840m) of its revenue in Europe, doesn't want to verticalise through owning primary care providers but wants instead to provide an end-to-end user experience.

Romanian post-acute hospital in difficulty

Romania's only substantial specialised rehabilitation hospital looks to be in financial difficulty, after it reportedly laid off the majority of its staff. Should it close, it would spell the death of a nascent market.

Interview: André Schmidt, CEO, Median Kliniken

Dr Schmidt gives HBI the inside view of Germany's €9-10bn rehabilitation sector in the pandemic months, from how activity dropped to what financial support it got, to its medium-term outlook. Are digital therapeutics apps like Kaia Health, which recently raised $26m, a threat?

Post-COVID care providers see effect of GCC diabetes crisis

A GCC-based post-acute and long-term care provider tells HBI about the plethora of rehabilitation needs his clinic is seeing amongst COVID-19 survivors. The region has a high rate of type 2 diabetes, the key pre-existing condition that predisposes people to a bad COVID-19 infection.

Median looking at France, UK and GCC as Waterland stays put

Private equity firm Waterland has no current plans to put German rehabilitation group Median Kliniken up for sale again, and is focusing on internationalising the business into the UK, France and the GCC, Median CEO Andre Schmidt tells HBI.

NMC Health goes into administration

Listed NMC Health has been placed into administration by a London court today (Thursday, April 9), following an application by Abu Dhabi Commercial Bank (ADCB). HBI talks to a UAE market expert about what may need to be sold off quickly to keep it afloat.

Interview: Shirley Ryan AbilityLab

Shirley Ryan AbilityLab, formerly the Rehabilitation Institute of Chicago, claims to be the largest rehabilitation hospital in the USA, and works with groups from Bulgaria to UAE. HBI talk to Kelly Cox Watkins, Vice President, Market Development and Barry Fleischer, Executive Director, Advisory Services, about how to build a successful rehabilitation service, their groups' focus on patient ability, not adapting to disability and what that means in practice, and about its advisory work.

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