MedLife posts EUR 23.8mln turnover in the first half of the year

Newsroom 19/07/2011 | 16:03

MedLife posted a turnover of EUR 23.8 million in the first half of the year, which represented a 37 percent growth on the similar period in 2010. The MedLife turnover amounted to EUR 17.35 million in the first half of 2010. 

 The growth in revenues in the first six months was a result of investments in the retail segment and new acquisitions and Greenfield investments which took place during the past 12 months.

 Among these, the launch of the PharmaLife pharmacies, the acquisition of the major share package in two clinics, PDR Brasov and Genesys Medical Clinic, Arad and the opening of the MedLife Titan Hyperclinic and the MedLife Pediatrics Hospital.  

 In the first half of the year, MedLife registered more than 475,000 patients. The average number of patients who access every day the company’s medical services is 4,000.

 The fee-for-service segment represented 60 percent in the turnover of the company in the first half of the year, having increased by 48 percent on the same period in 2010.

 On the segment of corporate medical subscriptions, MedLife attracted 500 new companies and 20,000 new subscribers.

 MedLife intends to focus on new investments in the second half of the year, opening two new hospital units, one in Bucharest and the other in another locality. The company will also open a Center for Excellence in Dermatology which will be part of the MedLife B

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