MedLife consolidates the Sfânta Maria brand by making two new purchases, in Craiova and Cluj

Text and photo source: MedLife 

• MedLife purchases the full shareholding the Sfântul Ilie Polyclinic in Craiova and the majority shareholding of 51% of the Union Medical Clinic in Cluj.
• The two companies will be under the Sfânta Maria brand umbrella, part of the MedLife Group, especially dedicated to patients that access services in CAS (national health insurance) regime.
• By taking over the two medical units, the Sfânta Maria Network consolidates its presence at national level, being already active in 12 counties in the country: Bucharest, Brăila, Galați, Bacău, Iași, Timiș, Sibiu, Vrancea, Prahova, Argeș, Dolj and Cluj.
• Sfânta Maria is, probably, the network with the highest number of family physicians and specialists in agreement with CAS in Bucharest, being in top 3 at national level.
• In light of this, the representatives of Sfânta Maria intend to cover all the country’s counties.

MedLife, the leader of the Romanian private medical services market and medical operator with the largest know-how in the purchase and mergers scope, announces the purchase of the full shareholding of the Sfântul Ilie Polyclinic in Craiova, as well as of the majority shareholding of 51% of the Union Medical Clinic in Cluj, the new companies will be integrated in the Sfânta Maria Network.

Present on the local market since 2000, Sfântul Ilie Polyclinic is now of the first private clinics in Craiova. With 12 medical specialities, the clinic offers complex medical services and paraclinical investigations in order to address the needs of all patients, thus becoming a reference point in the medical activity at county level. Among the medical specialities that can be accessed in the polyclinic are internal medicine, cardiology, dermatology, endocrinology, physical therapy, occupational medicine, neurology, obstetrics and gynaecology, ophthalmology, ENT, psychiatry and psychology. In 2022, the company recorded a turnover of RON 2.8 million.

On the other hand, Union Medical Clinic has over 10 years’ experience on the Cluj market and offers a diversified array of high quality services, covering 21 medical specialities, among which are cardiology, dermato-venereology, diabetes and nutrition, endocrinology, family medicine, neurology, obstetrics and gynaecology, ophthalmology, orthopaedics, psychiatry, psychology and urology. Being in a continuous evolution process, the clinic integrates the most recent techniques and medical devices to ensure patient treatment at European standards. The turnover recorded by Union Medical Clinic in 2022 is RON 7.6 million.

”We continue to invest in the Sfânta Maria Network, the second brand of the MedLife Group, by means of which we address the needs of patients who want to benefit, especially, from services in the health insurance regime (CAS). By fully taking over the Sfântul Ilie Polyclinic and the majority shareholding of the Union Medical Clinic we consolidate our presence at national level, the Sfânta Maria Network being already active in 12 counties in the country: Bucharest, Brăila, Galați, Bacău, Iași, Timiș, Sibiu, Vrancea, Prahova, Argeș, Dolj and Cluj.

 The Sfânta Maria clinics and laboratories offer high standard services, and by the synergic collaboration between the 2 medical networks, MedLife and Sfânta Maria, we will be able to support an even larger number of patients, in an effective and integrated manner”, declared Dorin Preda, Executive Manager MedLife Group.

“We are accelerating the development of the Sfânta Maria Network at national level, by purchases and organic development. We probably have the largest number of family physicians and specialists in agreement with CAS in Bucharest and we are in top 3 at national level, but we also have an impressive network of laboratories that offer tests compensated by public insurance. In the following 3 years, we want to cover all the country’s counties and we are actively searching for local partners together with whom we can reach this ambitious goal”, declared Cristian Sas, Executive Manager Sfânta Maria Network, part of the MedLife Group.

With a 6-year presence on the Romanian market, Sfânta Maria medical brand positioned itself as one of the most important national healthcare network, offering a varied array of medical services, with focus on the services compensated by the national health insurance system. With an impressive number of over 50 medical units, obtained by purchases and organic development, the network has an important presence at national level, already operating in 12 counties in the country: Bucharest, Brăila, Galați, Bacău, Iași, Timiș, Sibiu, Vrancea, Prahova, Argeș, Dolj and Cluj. Also, Sfânta Maria excels, probably, by the largest network of specialised physicians in agreement with CNAS, but also by one of the largest network of family medicine practices.

About the MedLife Medical System:

The MedLife Medical System was started almost three decades ago, it has developed in a healthy way and has become the largest provider of private medical services in Romania. The Romanian entrepreneurs who started this company have invested and have been involved in making a difference within the Romanian health system, they believed in innovation and dared to aim as high as possible, in order to offer Romanian patients quality, professionalism, care and respect for their needs.

The company operates the most extended clinic network, one of the largest networks of labs, general hospitals and specialised hospitals and has the largest corporate client base for the Health Prevention Packages from the country. It is, also, from a sales standpoint, one of the largest players of private medical services in Central and Eastern Europe.

MedLife Group has had a successful history regarding organic growth, as well as growth by purchase. Its strong and experienced management team was capable to create and manage these growth opportunities, acquiring valuable know-how and experience, which has allowed it to find the best way to successfully communicate the expansion.

Being a traditional Romanian company, MedLife has chosen to be listed in the Romanian Stock Exchange, being a model of listings on the local capital market. It has opened new horizons, and by its implemented corporate governance, it has inspired other local companies to start on this road and to help develop the Romanian capital and economy. The shares issued by MedLife SA are admitted for transactions regulated on the spot market managed by the Bucharest Stock Exchange, Premium Category, with the transaction symbol “M”.

During the pandemic period, MedLife has managed to have an essential role in society and to acquire leader status in the monitoring of the pandemic by its active involvement in the research area. The company continues to invest in projects with impact over the local communities in technology and infrastructure. It creates workplaces and develops an ecosystem which contributes to the development and maintenance of a healthy Romania.

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