MedLife announces the completion of the transaction for the takeover of 99.76 percent of Muntenia Hospital, the largest hospital in Arges County, after the approval of the Competition Council. Thus, the leader of the private medical services market in Romania reaches a network of 16 hospitals nationwide.

“The partnership with Muntenia Hospital represents a continuance of our mission to bring together elite doctors and specialists from Romania, who, together with the latest generation technology and our locally acquired expertise, offer Romanians access to excellent medicine in the country. We propose that, with the expansion of the service portfolio in the southern region of the country, we will make available to nearby patients top medical teams and integrated solutions, from outpatient medical services, imaging, and laboratory to complex surgical interventions and hospitalization at the highest standards” stated Dorin Preda, Executive Director of MedLife Group.

Munteania Hospital has an operating theater with 4 operating rooms, a high-performance radiology and imaging center (CT, MRI, DEXA, digital mammogram) and its own medical analysis laboratory, accredited by RENAR. The hospital is in a contractual relationship with the Health Insurance House, so that patients can benefit from services paid outpatient and continuous inpatient services.

With the completion of this transaction, MedLife becomes one of the biggest players in Arges county, having in its portfolio both prevention services through Solomed clinics and integrated services, including surgery and hospitalization, within Munteania Hospital.

Additionally, to the acquisition of Muntenia Hospital, MedLife also has in progress the acquisition of the Provita group in the same segment of hospital services, which is being evaluated by the Competition Council.