It is a growing indications say analysts of nonclinical companies seeing financial opportunities in businesses involved in patient care.
Its investment in Mars, Pa.-based Celtic Healthcare had analysts, without identifying other companies by name, saying that other nonhealth firms could follow the Washington Post Co.'s lead.
According to amednews.com, "the Washington Post Co. is best known for its daily newspaper but makes most of its revenue from Cable One television and Kaplan educational services. However, Kaplan, which is responsible for more than half of the Washington Post Co.'s revenues, is under pressure because of greater regulation and scrutiny of the for-profit college education industry. Credit ratings agencies have downgraded the Washington Post Co. for this reason."
The investment was around $50 million and is the Washington Post Co.'s first deal in the health care sector. Celtic has annual revenues of $45 million. Washington Post Co. Chair and CEO Donald E. Graham said the Celtic deal is part of an "ongoing strategy of investing in companies with demonstrated earnings potential and strong management teams attracted to our long-term investment horizon."
According to a market report published by Transparency Market Research, "Home Healthcare Market - Global Industry Size, Market Share, Trends, Analysis and Forecast, 2012 - 2018", the global home healthcare market is estimated to be worth USD 195.6 billion in 2012 and is expected to reach the value of USD 305.9 billion by 2018, growing at a CAGR of 7.7% from 2012 to 2018. The Americas region is expected to lead the global home healthcare market in terms of revenue till 2018. The total home healthcare market in the Americas is expected to reach the value of USD 150.8 billion by 2018 followed by Europe with total revenue of USD 80.5 billion.
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