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Corporate News | 06/09/2010

RHÖN-KLINIKUM AG: Annual General Meeting in Frankfurt/Main

RHÖN-KLINIKUM AG / AGM/EGM09.06.2010 10:22Dissemination of a Corporate News, transmitted byDGAP - a company of EquityStory AG.The issuer / publisher is solely responsible for the content of this announcement.
Results for financial year 2009 * Further 9.2 % increase in treatments to roughly 1.8 million patients isproof of the trust people put in our medical care offering.* With higher revenues of roughly 190 million euros (a gain of 8.9 %) and aprofit of 131.7 million (up 7.4 %), we demonstrate the sustainability ofour growth course also in times of crisis.Q1 2010 results* Key figures underscore the good start we have made into the financialyear.* Overall, 509,793 patients were treated, a rise in patient treatments of12.7 % compared with the same quarter last year* Revenues climbed 11.6 % to reach 624.2 million euros.* Net consolidated profit rose 11.7 % to 34.3 million euros.* EBITDA rose by EUR 6.1 million or 9.1 % to reach 73.1 million euros.* EBIT improved 9.4 % to 46.8 million euros.Forecast for the further course of 2010The Company confirms its forecast for 2010. Despite a challengingenvironment, the Company expects to generate revenues of approximately EUR2.6 billion and a net profit of roughly EUR 145 million within a range ofplus/minus 5 %. Here, the range for risks and opportunities is representedby the development of wage negotiations at nearly half of the hospitals aswell as price increases relating to material costs.Bad Neustadt a.d. Saale/Frankfurt am Main, 9 June 2010Safe haven for shareholders and patients -We are available as a strong partner in difficult times As 'reliable' and a 'guarantor for continuity in times of change' is howthe chairman of the Board of Management of RHÖN-KLINIKUM AG, WolfgangPföhler, speaking on Wednesday in Frankfurt, described the Group's businessmodel. In times that have seen the 'bursting' of so many bubbles from thefinancial and economic world, the Group had kept steadfastly to its courseand was a 'safe haven for shareholders and patients'.With Universitätsklinikum Gießen und Marburg, the Group yet again haddemonstrated its restructuring expertise. 'Just recently, the mostimportant scientific advisory body to the German government, theWissenschaftsrat, has issued us with a glowing testimonial to Germany'sfirst-ever privatisation of a university hospital. Our offer to the Statestill holds: as an experienced healthcare service provider, we are preparedto assist the State in fulfilling its healthcare delivery mandate', Pföhleremphasised. That also applied in the case of Schleswig-Holstein should thatfederal state decide for a privatisation. Pföhler moreover extended anoffer of co-operation talks to all financially troubled hospital operators.Pföhler outlined the challenges of maintaining good healthcare for everyonein the context of the austerity measures taken by the State in healthcareon the one hand, and growing demand for healthcare services in a greyingsociety on the other: 'If the political debate is limited solely financingmodels and cost cutting programmes, that falls short of the mark', thechairman of the Board of Management made clear. What was needed instead wasinnovative concepts in order to release the efficiency reserves lying idlein the system. For that, a steady and consistent expansion of cross-sectorco-operation in outpatient and inpatient care was needed.Integrated care approaches invariably unlocked huge quality and efficiencyreserves without contribution payers having to pay one single euro more. Torealise this potential, the system had to be given freedom to develop newforms of co-operation. 'We have to rethink care delivery', Pföhlerexplained. Specifically, there was no question that hospitals, as centresof medical competence, should also offer outpatient services needed by thehospital as a safety net. In that case the hospital offers state-of-the-artmedical equipment, interdisciplinary expertise as well as highly developedemergency care. Medical care centres (MVZs) already now secured medicalcare in many regions and should play an even greater role as a mainstay ofgeneralised healthcare delivery. What was important was that only curativeprofessionals, i.e. doctors and hospitals, should be allowed to operateMVZs. It was only with their medical expertise that healthcare delivery wassecured in rural regions.The chairman of the Board of Management urged the importance of 'breakingnew ground in the healthcare system' and in this connection called on theState to provide the framework but also to 'act as a referee of faircompetition for the best concepts'. Self-initiative in healthcare had to beemphasised to a greater extent than in the past. People were increasinglywilling to invest in their own healthcare, which was why the possibleoptions for patients should be expanded. 'This is the only way to shapetomorrow's healthcare in the interests of people in general and to avoidrationing and a two-class healthcare system. That is our stated goal.''We are embracing the future with sound judgment and determination. For onething is clear: We want to achieve further growth, convincing more and morepeople with the good quality of our medical care', Pföhler said.In this respect, RHÖN-KLINIKUM AG could claim a unique selling point: 'Weare the only healthcare provider in Germany with an integrated healthcareoffering. It extends from outpatient-inpatient basic care, over specialisedand intermediate facilities to maximum care provided at our threeuniversity hospitals in Gießen, Marburg und Herzzentrum Leipzig', thechairman of the Board of Management explained in conclusion.In a further press release, the Company will inform of the voting resultsafter conclusion of the Annual General Meeting in the afternoon.RHÖN-KLINIKUM AG is one of the largest healthcare providers in Germany. Itscorporate objective is high-quality medical care for everyone. Currently,our Group counts 53 hospitals at 42 sites as well as 29 medical carecentres (MVZs) throughout Germany. We employ more than 36,000 persons. Infinancial year 2009, roughly 1.8 million patients were treated in theGroup's facilities.More information is available under: www.rhoen-klinikum-ag.comEsther WalterHead of Group Press and Public RelationsRHÖN-KLINIKUM AGSchlossplatz 197616 Bad Neustadt a. d. SaalePhone: +49 9771/ 65 - 1322Fax: + 49 9771/ 65 - 1820E-mail: esther.walter@rhoen-klinikum-ag.com09.06.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.Media archive at www.dgap-medientreff.de and www.dgap.de
Language: EnglishCompany: RHÖN-KLINIKUM AG Schlossplatz 1 97616 Bad Neustadt a.d.Saale DeutschlandPhone: +49 (0)9771 - 65-0Fax: +49 (0)9771 - 97 467E-mail: rka@rhoen-klinikum-ag.comInternet: www.rhoen-klinikum-ag.comISIN: DE0007042301WKN: 704230Indices: MDAXListed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service