Saturday, February 22, 2020
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Saudi Arabia: National Medical Care reports 13% drop in Q1 revenues

Despite a decline in revenues, National Medical Care, which operates two hospitals in Saudia Arabia, has reported a rise in profits for the first...

Saudi Arabia: Ministry of Health launches new online appointment app

In a bid to reduce healthcare costs, the Saudi Ministry of Health (MOH) has launched a new online appointment app called MAWID.  Designed to give...

India: Value of hospital M&A deals jumps 155%

Consolidation in India’s hospital sector has resulted in a 155% jump in M&As. According to ratings agency ICRA, the total value of M&A transactions...

Philippines: Metro Pacific Hospitals abandons IPO plans

Metro Pacific Hospitals, the healthcare unit of industrial conglomerate Metro Pacific Investments, has abandoned plans to IPO on the Philippine Stock Exchange. A deal had...

Italy: GHC to acquire two hospitals in Bologna

Italy’s Garofalo Health Care (GHC) is to acquire two hospitals in Bologna for €50m (US$56m) from IFCI. The Nigrisoli Hospital and Villa Regina Private Hospital...

UAE: TVM Capital Healthcare partners with Kozyavkin Medical Group

Dubai-based private equity firm TVM Capital Healthcare and the Kozyavkin Medical Group in Ukraine have signed an agreement to launch a specialist cerebral palsy...

Belgium: Aedifica reports 89% take up of capital increase

Belgian healthcare REIT Aedifica has reported an 89% take up on its €418m (US$469m) rights issue. The company said that 5.5m shares had been taken...

Germany: Rhön-Klinikum reports “pleasing results” for Q1

German hospital group Rhön-Klinikum has reported what it calls “pleasing results” for the first quarter of the year. Although profits dropped 14.4% to €8.9m (US$10m),...

France: Orpea moves into Russia

France-based long-term care group Orpea is to develop post-acute and rehabilitation hospitals in Russia with Bpifrance and Russian Direct Investment Fund, the Russian sovereign...

Germany: Solid results in a challenging year for Asklepios

Despite regulatory challenges, German private hospital group Asklepios Kliniken has reported solid growth for 2018. Net income slipped 11.8% to €171.1m (US$191m) on revenues that...