The company will be integrated under the Sfanta Maria brand, through which the network expands its presence in the western part of the country.
Profilaxis Timisoara has an experience of almost 25 years on the local market and is one of the most well-known medical operators in Timișoara, which provides patients with complete prevention and prophylaxis services. The medical unit integrates occupational health, outpatient services, day hospitalization department and an important portfolio of subscribers.
“We continue our strategic plans to expand Sfânta Maria network, the second brand part of MedLife Group, which focuses on patients who want to access in particular NHIH services. Sfânta Maria network already has good coverage in the capital and in the central and eastern region of the country, and with the new transaction, we manage to be closer to the patients from the western part of the country and to offer them diagnostic and treatment services at the best standards.” said Dorin Preda, Executive Director of MedLife Group.
Sfanta Maria medical brand was launched five years ago and has become one of the most important national health networks. It operates on the medical services market with over 60 own medical units, which resulted from the acquisition projects and organic developments, as follows: 15 clinics, in Bucharest, Bacau, Galati, Magurele, Iasi and Sibiu, 11 laboratories, in Bucharest, Braila, Bacau and Galati, as well as over 30 sampling points.
“Under the Sfanta Maria brand we operate the most extensive network of family doctors and specialists in contract with the National Health Insurance House, offering access to quality medical services, for 500,000 patients annually. In Sfanta Maria network we provide patients with the most complex range of medical services covered by the public health insurance: day hospitalization, lab tests, ultrasound, radiology, medical recovery, kinetotherapy and many others” said Cristian Sas, Executive Director of Sfanta Maria Network.
MedLife reported a pro-forma consolidated turnover of EUR332 million in 2021, up 51% year-over-year, and announced plans for acquisitions and growth of EUR120 million, in line with the company’s financial report. MedLife’s net profit almost doubled in 2021 to RON123 million, up 93% year-over-year.
Medlife SA, a company listed on the Bucharest Stock Exchange, has a capitalization of RON2.9 billion. Its main shareholders are Mihai Marcu, 15.4%, Mihaela Cristescu, 14%, Nicolae Marcu, 10.5%, and Fondul de Pensii NN (pension fund), 12.8%.