Life Memorial, the first private hospital of medical services provider MedLife, opened in early 2007 following a 10 million-euro investment, posted a 9 million-RON (2.1 million-euro) turnover in the first half of this year, accounting for 17% of the company’s overall revenues, which amounted to 53 million RON (12.4 million euros). “A hospital with such a capacity breaks even 24-36 months. We did it after 19 months, i.e. in February 2009,” Mihail Marcu, president of MedLife told ZF. The company, which posted an 11 million-RON (2.6 million-euro) operating profit in the first six months of this year, announced a 24% rise in the number of patients against the first half of 2008, of up to 600 patients on both segments of activity, both retail (fee for service) and corporate (medical subscriptions).
ZF English
Life Memorial hospital contributes 17% to MedLife's half-year results
Life Memorial, the first private hospital of medical services provider MedLife, opened in early 2007 following a 10 million-euro investment, posted a 9 million-RON (2.1 million-euro) turnover in the first half of this year, accounting for 17% of the company's overall revenues, which amounted to 53 million RON (12.4 million euros).