Despite political uncertainty, UK inbound investment increased in the first half of the year. Whilst a driver behind some of this activity is due to the depreciation of sterling, the first half of the year has seen a continued trend of overseas corporates entering the UK healthcare market. A good example of this is German private healthcare provider Schoen Klinik acquiring Birmingham-based Newbridge House.
Newbridge House provides inpatient treatment for children and adolescents with eating disorders. In 2018, Schoen Clinic will open its first hospital in London with a focus on orthopaedics. The acquisition and opening of the hospital demonstrate that overseas companies continue to see the UK healthcare market as an attractive one, which can only be supported by the weakness of sterling.
Schön Klinik has acquired Newbridge House for Eating Disorders in Birmingham for an undisclosed sum. Newbridge House provides inpatient treatment for children and adolescents with eating disorders and has 28 beds. The deal will help Schön Klinik double its presence in the UK as the German firm is also currently constructing a clinic for orthopaedics and spine surgery in the Harley Street area of London.