“The Floreasca hospital will probably not be completed because of the contracting method [with the Health Insurance House], although we have a construction authorization,” says Mihai Marcu, president of MedLife.
The company announced in 2011 it planned to open a hospital in the Floreasca area across the street from state-run Floreasca hospital and from Euroclinic (held by Regina Maria), an area considered a “hotspot” for hospital services in Bucharest.
The 6,570 square-meter space in the Floreasca area previously advertised by MedLife as the location of the future hospital, now appears on the real estate website of Romtelecom, the owner of the space, as being “up for rent”.
MedLife announced that last year it recorded a consolidated turnover of around EUR59 million at group level, and for this year expects EUR72-EUR75 million. This makes MedLife the largest operator on the Romanian private medical services market.
In 2012 the funds paid by the health insurance house accounted for 7% of Medlife’s turnover.
(English version by Daniela Stoican)