The largest private Health Services Provider Group of Companies is Established
The Board of Directors of the Diagnostic and Therapeutic Centre of Athens HYGEIA and the General Obstetrics- Gynaecology and Paediatrics Clinic MITERA following negotiations and within the framework of the developed close collaboration have decided to join forces aiming toward establishing the largest private Health Services Provider Group of Companies.
As the Board of Directors of HYGEIA decided today, this joint venture shall be affected through an increase in the share capital of HYGEIA and the subsequent exchange of the shares that shall arise from this increase with the shares of MITERA at a ratio of 2.2 shares of HYGEIA to 1 share of MITERA. The shareholders of MITERA who do not wish to contribute their shares may transfer them to HYGEIA. The Board of Directors of MITERA decided today to propose to the Company’s shareholders, during an extraordinary General Meeting that will be held in May, the acceptance of this proposal.
MITERA will maintain its legal and administrative independence. The Shareholder Physicians of MITERA shall take part in the Board of Directors and the Executive Committee of HYGEIA as members, while the Chairman of MITERA will also chair HYGEIA Board of Directors.
The new Business Scheme to be established shall constitute the largest private Health Services Provider Group of Companies in Greece. HYGEIA is the largest private hospital in Greece, it has 370 beds, it treats approximately 120 000 inpatients and outpatients and carries out approximately 870 000 examinations on an annual basis. It also has 16 operating rooms, where 11 000 operations are carried out. MITERA, together with its subsidiary company LITO, has 535 beds; it treats 33 000 inpatients and 230 000 outpatients and carries out approximately 16 500 deliveries and approximately 1 000 000 examinations on an annual basis.
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