Read a cherry-picked selection of
stories as published in the most recent issue of Healthcare
Market News.
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Demand for private medical insurance fell by record levels last year and is likely to be subdued going forward as the sector finally proved it was not immune to the impact of recession, according to the latest figures published by Laing & Buisson.
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A group of 200 doctors is seeking to join forces with a high calibre investor to build a new 110-bed hospital in Maidstone, Kent, the Kent Institute of Medicine and Surgery, with sources suggesting that Spire Healthcare is the front runner at this stage.
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Spire Healthcare has reported a massive leap in EBITDA and operating margins in the two years since its Cinven-backed acquisition of Bupa Hospitals despite a significant shift to NHS work.
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Cygnet Healthcare is embarking on a £17m expansion drive at its facilities in Kent and Hertfordshire.
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HCA has confirmed the signing of a £14m joint venture with Manchester’s Christie NHS Foundation Trust.
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An equitable access centre director has openly called for an inquiry into Darzi centres that are not financially viable.
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| Assura records bullish results |
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Assura Group has reported a 17.2% increase in revenues to £55.8m and a huge 155.8% hike in trading profit to £13.3m in its results for the year ended 31 March 2010.
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| Positive trends continue at Nestor |
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Nestor Healthcare Group has reported continued improvements in its fortunes after securing extensions on all its current out-of-hours GP services contracts.
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JULY 2010
