In this episode of Behind the Scenes of IVF, we’re looking at who owns the clinics, with there being more groups, more venture capitalists, and more private equity. What does this mean for you, the patient? How might it impact your decision-making? What might the benefits be? We’re in conversation with James Nicopoullus, Medical Director at The Lister Fertility Clinic, Peter Reeselv – Founder and CEO of The Fertility Consultancy, and Griffin Jones founder of Fertility Bridge
What was discussed:
- How the HFEA is still in charge in the UK as the regulators
- VCs who have bought clinics as they see it as a good business prospect and will have a master plan to make money – therefore there will be pressure, however word of mouth will always ensure the clinic is a success
- How clinics must make it absolutely clear where the ownership is on their website
- Finance packages are separate from the clinical decision making
- Whether prices will change and become more regulated
- Where does the buck stop when something goes wrong
- What is happening in Europe and how developments in the fertility space are changing because the pioneers are retiring so international networks can combine and offer more opportunities for patients.
- How fertility tourism is going.
- How Sweden, Norway, and France are now enabling single women and same-sex couples able to have treatment, yet in Poland, this is the opposite
- How consolidation should put more pressure on clinics to improve services
- Shared best practice
- Networks enable clinics from different countries to come together and share best practices and research
- The global reach of IVF
- Private equity within the IVF sector
- How Branding has changed over the last 20 years
Listen to another episode that talks about IVF here.
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