Euromedic International
Euromedic operates scanning, diagnostic, therapeutic and dialysis centres in 15 countries across Europe.
Advanced treatment centres
Non-invasive medical technologies
Private medical centres


History
Following the change in the political system at the beginning of the 90’s two entrepreneurs, Joseph Priel and János Mészáros, approached the Hungarian Government with an original idea - setting up a state-of-the-art diagnostic imaging centre backed by foreign investors, with the services being sold to the State and the patients getting treatment free-of-charge. This would solve several pressing needs - introducing the latest technologies to the healthcare sector, training and upgrading doctors’ expertise through working on updated equipment and providing services on a non-stop basis to the entire population.
After one year developing the concept, the Hungarian Government, supported by the Parliament’s Healthcare Committee and the Health Insurance Fund, agreed to roll it out. On 18 October, 1991, Israeli investor Elbit Medical Imaging Ltd. opened Central Europe’s first private diagnostic centre - the International Medical Centre (IMC) at the MÁV Kórház in Budapest (the hospital of the Hungarian national railway service).
After two years of successful operation the company opened the second multi-modality radiological diagnostic Centre (IMC Szeged) in the Medical University of Szeged in 1993. The centre qualified as a training site for the university, which was a significant step to securing a good reputation in the medical community. In the same year, Elbit formed a new company together with a partner from Singapore, Elbit Eagle East Europe (4E). The company participated in the privatisation of OMKER Rt, the market leader in medical supplies, and became a major shareholder in the company.
In 1996, the third large diagnostic centre opened at the County Hospital of Gyor. With this move, the company began to penetrate into the western part of Hungary. After leaving the management of the Elbit companies in Hungary, Joseph Priel formed the Euromedic Group of companies together with Red Sea Group Ltd. (an Israeli Property and Trading company). The group began providing services to hospitals in pharmaceutical, diagnostics and medical supplies, and became a major partner in the hospital supply chain in Hungary.
In 1998, Euromedic and Elbit activities were merged into a joint company. The management decided to build and open satellite centres functionally connected to its chain of large multimodality centres. Four such centres were opened over the following years: in Orosháza (1998), in Cegléd (1999), in Hódmezovásárhely (2000), and in Hatvan (2001)
In December 2002, IMC Szeged won the tender for the privatization of the diagnostic services at the Medical University of Debrecen. The concession was granted for 15 years. This achievement was a milestone in the privatization of the Hungarian healthcare sector since it was the first time a private company was granted the right to operate the entire radiological diagnostic department of a state institution.
In December 2004, the company won the tender for the privatization of the Radiological and Nuclear Medicine Department of Szeged Medical University. The concession was granted for 25 years.
In July 2008, Euromedic acquired “Labscreen Diagnostics Group” from Siemens in Hungary. The group consists of three diagnostic centres - two Computerized Tomography centres located in Peterfy Hospital and Karolyi Hospital in Budapest and a multi-modality centre in the county hospital of Salgotarjan. Labscreen which was established in 1996 by Siemens has a team of 64 people who perform over 87,000 diagnostic imaging investigations annually.
Euromedic today has business relations with nearly every Hungarian medical institution.
In May 2009, Euromedic opened its latest state-of-the-art Radiological Trauma centre in Budapest, Hungary. In late 2008, Euromedic won the public tender to provide Trauma and other medical related services for the Central Budapest geographical area (700,000 inhabitants) located in Peterfy Sandor Hospital and Trauma Center, one of the largest in the city with over 1,600 beds. This multi-modality centre is Euromedic’s 12th diagnostic centre in Hungary.
Budapest Trauma Centre provides a wide range of diagnostic services (7 days a week / 24 hours per day) including: Magnetic Resonance Imaging (MRI), Computerized Tomography (CT), Angiography, Ultrasound, Mammography, X-ray, Radiological Intervention and Nuclear Medicine. The centre headed by Dr. Katalin Bor and her team of 15 medical professionals perform tens of thousands of Radiological Trauma investigations annually.
Diagnostics Division
The core business of Euromedic is the investment in medical services. Today the company operates 11 radiological diagnostic centres under the brand name International Medical Centres. The centres in Budapest and Gyor and Salgotarjan are privately owned by Euromedic and sell their services to the Health Insurance Fund. It operates by a contributory contract with the university in Debrecen and Szeged, and with the local hospitals in Hatvan, Cegléd, Orosháza, Hódmezovásárhely, Peterfy and Karolyi, operations are financed through the university/hospitals, thus creating a unique combination of a private healthcare entity which is fully integrated into the public healthcare system.
The International Medical Centres chain represents more than one-third of the market as the largest operator in Hungary. Besides these centres, Euromedic is operating a VIP diagnostic service in Budapest for key customers from leading companies. The check-ups are highly personalized and carried out in an exclusive environment.
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