CAPITAL WATCH ISSUE 1 2018

The central London private healthcaremarket The Cleveland Clinic, for example, are investing circa $1bn alone in 33 Grosvenor Place, in what will be the first major new central London hospital in 30+ years After several years of growth in the private healthcare market, 2017 witnessed a reversal in income flow. Several factors came together to impact revenues for major central London operators, including a drop in central London health tourism – with Bupa Health Insurance policy subscriptions falling from circa 1.2 million to around 850,000, an artificially low oil price leading to fewer Middle Eastern patients, and uncertainty over Brexit. By David Kerr, Partner, Head of Central London Healthcare Markets david.kerr @cushwake.com ALTERNATIVES CUSHMAN & WAKEFIELD 15 ALTERNATIVES