MedLife Acquires Onco Card Hospital

With this acquisition, the Group reaches a portfolio of 27 acquired companies.

MedLife published an announcement on the Bucharest Stock Exchange announcing that they acquired the entire shareholding of OncoCard Hospital, one of the largest and most modern oncology diagnosis and treatment centers in Romania and in CEE. It is located in Brastov, centrally situated Romanian city with population of a quarter of a million people.

OncoCard Hospital has been active on the private healthcare market since 2012 and offers patients an innovative concept of integrative medicine that starts from the diagnosis phase of the oncological patient and covers the entire period of specific active therapies. The medical unit includes ambulatory, oncology surgery, hematology, radiotherapy and medical imaging departments, as well as its own laboratory. In 2018 the company had a turnover of RON 41.8m, while since its inception EUR 24m of investments have been made in the hospital.

With this acquisition, MedLife Group reaches a portfolio of 27 acquired companies, the latest one announced being Micromedica Medical Center, one of the most important providers of private medical services in Moldova.

To read more about MedLife click here.

Category : Flash News

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