Investors circling overextended hospital groups in Turkey are likely to stay away until the government finalises the date from which private hospitals can increase their premiums.
The good news is that the Turkish government has said it will allow hospitals to raise the extra amount they charge patients above the state insurance from, 30% to up to 70%.
The bad news is that the Ministry of Health has refused to say when the rises can come into effect.
Filiz Cervirme at OHSAD, the association of private hospitals, says she expects the change to come in the autumn.
That leaves the overextended B-group hospital groups, like Medical Park and Medicana, high and dry for the summer, as no investor is likely to buy a stake until there is a definite deadline.
Both groups invested heavily in huge new hospital chains before the crash and are heavily indebted.
