Medicover Profile

Company: 
Medicover
Author: 
Jane Lethbridge
Date published: 
2010

Owner: Celox SA

 

Address: 

Medicover Holding SA

20 rue Phillippe II,

L-234- Luxembourg

Tel: +352 26203110

Fax: +352 2620 3234

 

Medicover c/o Beiro Medical SA,

Waterloo Office Park

Building O, Dreve Richelle 161

B-1410 Waterloo, Belgium

Tel: +32 3 357 55 77

Fax: : +32 3 357 55 05

E-mail: info@medicover.com

 

EWC: NO but eligible?

 

Total employees: 5,000 (3,000 medical staff) in 8 countries

 

Regional breakdown (2009)

 

Company name

Number of employees (2009)

Revenues (€m)

Medicover Poland

2,700 employees (2,500 medical staff)

33.4

Medicover Romania

400 (200 medical professionals)

6.5

Medicover Hungary

170 (135 medical professionals)

3.1

Medicover Estonia

?

1.8

Medicover Czech Republic

180 (120 medical professionals)

2.1

Medicover Laboratories

?

14.0

Medicover Slovakia

15

 

Medicover Ukraine

 

 

E Germany IMD Laboratories)

 

 

Total

5,000 (2009)

60.0

 

1.1.1        Major European subsidiaries

 

Company

Owner-ship

Country

Contact

Website

Employees (2009)

Medicover  sro

100%

Czech Republic

Medicover s.r.o.
Lomnického 1705/5
140 00 Praha 4

E-mail: info@medicover.cz

www.medicover.cz

 

Medicover Aesti AS

100%

Estonia

Medicover Estonia
Pärnu mnt, 102c
11312  Tallinn
Estonia
Phone: +372 605 1550
fax: +372 605 1515
E-mail: info@medicover.ee

 

www.medicover.es

 

68

Medicover Klinika Rt.

100%

Hungary

Medicover Hungary
H-1132 Budapest, Váci út 22-24., Ground floor.

Phone: +36 1 465 3150
Fax: +36 1 465 3160
E-mail:
info@medicover.hu

www.medicover.hu

 

96

Medicover

Romania

 

 

 

100%

Romania

Medicover Romania
Sediul Central si Departamentul Comercial, Str. Monetariei nr. 8, sector 1, Bucuresti
tel: 021 310 16 99, 0742 231 018, 0744 677 689
office@medicover.ro
marketing@medicover.ro

www.medicover.ro

 

 

Medicover Rombel SRL

100%

Romania

Synevo  (Medicover Rombel srl )
Str. Ion Campineanu 11, Etaj 4, Sector 1, Bucuresti
Tel.: (00 4021) 315 19 10/11
Fax: (00 4021) 315 19 93
E-mail: office@synevo.ro, laborator@synevo.ro

www.synevo.ru

 

 

330

Medicover Sp.zo.o.

100%

Poland

Medicover Poland

ul. Bitwy Warszawskiej 1920 r 18
02-366 Warsaw
Poland
Phone: +48 22 592 7000
Fax:     +48 22 592 7099
E-mail: info@medicover.pl

www.medicover.pl

 

678

Synevo Polska SP Zoo

100%

Poland

Synevo Medical (Poland) Sp.z o.o
ul. Dzika 4 , 00-194 Warszawa
Tel.: + 48 22 636 37 82
Fax : +48 22 636 37 88
E-mail:
biuro@synevo.pl, laboratorium@synevo.pl

www.synevo.pl

 

 

 

1.1.2       Company activities and strategy

 

Medicover was established in 1995 by Oresa Ventures, a Swedish venture capital company.  The company offers both medical insurance and a health care delivery system, to its clients. Medicover employs most of its physicians directly and provides health care through its own facilities.

 

Prepaid members

 

Company name

Prepaid members (2002)

Prepaid members

(2005)

Pre-paid members (2009)

Medicover Poland

77,600

126,300

280,200 members (plus an additional 200,000 fee-for-service patients)

Medicover Romania

14,000

34,800

65,000 + 75,000 fee for service

Medicover Hungary

1,700

8,000

42,000

Medicover Estonia

2,400

6,800

?

Medicover Czech Republic

-

14,800

35,000

Total

95,700

190,700

422,200

 

Medicover provides health insurance for corporations and individuals,  and delivers health care services through health centres staffed by its own doctors and nurses, and on-site workplace facilities for large employers.

 

In 2005, Medicover bought two laboratories in Poland (Wroclaw and Lodz) and a private hospital in Warsaw.  It also bought 40% in Centrum Medyczne Damiana in Poland, a provider of clinical and hospital services.  The company also rebranded its laboratory services, Medicover Rombel, and renamed them Synero in Poland and Romania.  In Poland, Synero has several outsourcing contracts from public hospitals.  Medicover also provides laboratories and logistics for clinical trials for sites in Poland, Czech Republic, Hungary, Slovakia, Romania, Lithuania, Latvia, Russia and the UK..[i]

 

In 2006, Medicover was bought by Celex SA, whose owner was also Chairman of Medicover, Jonas af Jochnick, who originally owned 35% of Medicover shares.  The company was delisted in 2006.

 

In 2009, Medicover opened its first private hospital in Poland.  The number of pre-paid members has more than doubled between 2005 to 2009. The company has continued to expand its laboratory services.


[i] Medicover Annual Report 2005