pwc strategy uk health and care provision ukti investor roundtable strictly private and confidential...
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PwC Strategy
UK Health and Care ProvisionUKTI Investor Roundtable
Strictly Private and Confidential
10 June 2015
PwC10 June 2015Strictly private and confidential
The UK healthcare market is highly developed, with a range of specialist capabilities
2UK Health and Care Provision
Definition
Subsectors
(Examples)
Diagnosis and treatment of acute or long-term injuries,
illnesses or conditions
Long-term care services for people with ongoing care and
support needs
Health Care
UK Health and Care Provision
Private Hospitals
and Clinics
Dentistry
Cosmetic Surgery
Lab Services
Staffing Agencies
Medical Cover
Elderly Care
Mental Health
Fostering
Learning Disabilities
Children’s Homes
Special Education
PwC10 June 2015Strictly private and confidential
The market has a track record of strong growth in both public and private spending
3UK Health and Care Provision
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
92 97
103
111 117
124 130
135 140
147 144 145 147 151
UK expenditure on health and social care, 2000 - 2013 (£bn, 2013 prices)
79ee109f33384121b09b1321b20a4654
b8593a17f74d4771ba0c68b210a20f5b
Column Stacked
Private Spending
+2.2% p.a.
Opportunities
Challenges
Demographics
Outsourcing
Technology
Awareness
Public fundingPolicy
Complexity
Public Spending
+4.3% p.a.
PwC10 June 2015Strictly private and confidential
Children’s Homes
There are potential investment opportunities with a wide variety of characteristics…
4UK Health and Care Provision
Hospitals and Clinics
Cosmetic/Fertility
Staffing Agencies
Medical Cover Elderly Homes
Fostering
Specialist Care Homes
Asset requirement
Organic
growth
Stronger
Weaker
Asset heavyAsset light
Health
Care
Home Care
MH Hospitals
LD Supported Living
Indicative positioning of selected UK health and care provision sub-segments
Dentistry
PwC10 June 2015Strictly private and confidential
…permitting a number of different investment approaches
5UK Health and Care Provision
Organic growth
Buy-and-build
Consolidation
Export-driven
Real Estate
PwC10 June 2015Strictly private and confidential
Recent investment examples and upcoming opportunities
6UK Health and Care Provision
Recent acquisitions and investments Upcoming opportunities
Medical CoverAcquisition of Simplyhealth PMI business by Axa PPPMay 2015
Hospitals – RE£226m sale and leaseback of Aspen hospitals to HCREITMay 2015
Care Homes – RE$175 sale and leaseback of Healthcare Homes by OmegaMay 2015
Foster Care£36m acquisition of By the Bridge fostering by CambianMarch 2015
Elderly and Specialist Care
Hospitals and Labs
Other
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