AD HOC Press Releases
EQS-Ad-hoc: AEVIS Holding SA: GSMN SA - Finalisation of the integration of Schmerzklinik Basel AG in Genolier Swiss Medical Network


AEVIS Holding SA / Key word(s): Acquisition
30.01.2014 17:35

Release of an ad hoc announcement pursuant to Art. 53 KR


Genolier Swiss Medical Network (GSMN) today announces the execution of the integration of 100% of Schmerzklinik Basel AG in Basel (canton Basel-Stadt). GSMN thus integrates its first pain clinic, offering multidisciplinary pain treatment. The consolidation of the results of Schmerzklinik Basel will be retroactive at 1 January 2014. GSMN is pleased to pursue the collaboration with the former owners, Dr Guido Gallacchi and Dr Ian J. Whitehouse, who will remain active as physicians.
With the integration into GSMN, Schmerzklinik Basel will benefit from the advantages of a national network, today present in 10 cantons. Synergies will be realised with all the clinics of the Group, as Schmerzklinik will form a new competence centre for the treatment of pain, benefitting to all the patients of the group. Other synergies will be achieved in areas such as medical partnerships, purchasing, negotiations with insurance companies and relations with authorities.

The integration of Schmerzklinik Basel fits perfectly in GSMN's strategy. With 14 clinics, GSMN increases its national presence and reinforces its footprint in German speaking Switzerland.

For more information:  

Press service GSMN
presse@gsmn.ch 
Tel. +41 (0)22 366 99 87

Genolier Swiss Medical Network SA (GSMN) is the second largest network of private clinics in Switzerland and the only one present in the three linguistic regions. Its growth strategy focuses on the creation of a national network of clinics with a strong regional presence. GSMN's main objective is to offer first class hospital care to Swiss and foreign patients. The distinctive features of GSMN include its high quality services, its brand value, a pleasant working environment and an experienced management team with an entrepreneurial approach. After the integration of Schmerzklinik, GSMN will operate 14 private clinics in Switzerland, with around 1'275 admitting physicians and 2'700 employees. GSMN is a 100% subsidiary of AEVIS Holding SA, listed on SIX Swiss Exchange.

30.01.2014 News transmitted by EQS Schweiz AG. 
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