DGAP-News

RHÖN-KLINIKUM AG: RHÖN-KLINIKUM AG, UKGM, Federal State of Hesse and Universities of Giessen and Marburg Achieve Ground-Breaking Agreement in Separate Accounting

DGAP-News: RHÖN-KLINIKUM AG / Key word(s): Agreement/Miscellaneous RHÖN-KLINIKUM AG: RHÖN-KLINIKUM AG, UKGM, Federal State of Hesse and Universities of Giessen and Marburg Achieve Ground-Breaking Agreement in Separate Accounting 19.05.2017 / 13:09 The issuer is solely responsible for the content of this announcement. Corporate News

RHÖN-KLINIKUM AG, UKGM, Federal State of Hesse and Universities of Giessen and Marburg Achieve Ground-Breaking Agreement in Separate Accounting

- Decisive turning point: structural agreement has potential to be model for indefinite

   regulation beyond its term of five years

- UKGM receives additional annual amount of approx. EUR 15 million from 2017 onwards up

   to EUR 72.9 million per annum in the future plus a single payment of EUR 13 million for

   investments

- Agreement takes into account both higher costs since 2008/2009 and in the future, and for

  the first time offsets continuous increases in material and personnel costs at UKGM

- Both facilities profit from agreement on new projects which will not only benefit patients but

  also constitute economically sound investments

- Jobs are secure at UKGM: no terminations for operational reasons for the next five years

  and new prospects for trainees

 

Bad Neustadt / Saale, 19th May 2017

RHÖN-KLINIKUM AG, the university hospitals in Giessen and Marburg (Universitätsklinikum Gießen und Marburg GmbH (UKGM)), the Federal State of Hesse and both universities have achieved a ground-breaking agreement. "It is a very good day both for the many thousands of employees at the university hospitals in Giessen and Marburg but also for the almost 500,000 patients (both in-patients and out-patients) from the region of central Hesse and beyond," CEO Stephan Holzinger stated.