15.12.2016
RHÖN-KLINIKUM AG DE0007042301
DGAP-News: RHÖN-KLINIKUM AG: Negotiations with Universities of Giessen and Marburg as well as with Federal State of Hesse on Separate Accounting at Point of Failure
DGAP-News: RHÖN-KLINIKUM AG / Key word(s): Miscellaneous
RHÖN-KLINIKUM AG: Negotiations with Universities of Giessen and Marburg as
well as with Federal State of Hesse on Separate Accounting at Point of
Failure
15.12.2016 / 09:32
The issuer is solely responsible for the content of this announcement.
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Corporate News
Negotiations with Universities of Giessen and Marburg as well as with
Federal State of Hesse on Separate Accounting at Point of Failure
Lengthy Arbitration and Court Proceedings Appear Inevitable
Continued Subsidy for Research and Teaching at the Expense of Medical Care
Bad Neustadt, 15th December 2016
It appears following the latest meeting with representatives of the
Universities and the Federal State Government of Hesse that it will not be
possible to come to an agreement regarding separate accounting for the
University Hospitals in Giessen and Marburg. It therefore seems to RHÖN
KLINIKUM AG as if lengthy arbitration and court proceedings will be
inevitable.
"The latest agreement with the Universities was in 2008/2009. Since then
all our efforts to come to an agreement with the Universities and the
Federal State of Hesse regarding appropriate financing of state tasks have
remained fruitless," Dr. Martin Siebert, CEO of RHÖN-KLINIKUM AG, stated.
This not only leads to RHÖN-KLINIKUM's receivables vis-à-vis the
Universities and the Federal State of Hesse increasing every year due to
growing material and personnel costs. It also means that there is no
regulation for the future either: the foreseeable higher costs for research
and teaching cannot be financed in the long-term on the basis of an out-of-
date agreement. There is already an annual total deficit of roughly EUR 25
million currently being borne by UKGM GmbH.
"Having evaluated the negotiations we have reached a point where we can no
longer accept a fact confirmed by external expert opinions: that we help to
finance research and teaching with funds designated for medical care,
ultimately to the detriment of patients. While the University hospital in
Frankfurt/Main which is fully owned by the Federal State of Hesse is
granted umpteen millions of Euros every year, our negotiations with the
Federal State of Hesse and the universities have come to a standstill," Dr.
Siebert added.
"We are convinced that we will be able to assert our justified claims in
the forthcoming arbitration and court proceedings," Dr. Siebert continued.
However, future investments which are necessary both at Giessen and Marburg
are put at extreme risk by the looming stalemate.
"Nevertheless we do not wish to break off negotiations but prefer a
constructive out-of-court solution rather than a lengthy legal dispute."
Our core aim remains the best possible medical care for patients at both
University Hospitals as well as maintaining and enhancing both sites in the
long-term and thus also safeguarding the roughly 10,000 jobs. We also wish
to preserve Giessen and Marburg as research centres in the centre of
Germany with a significant future potential and high performance
capability.
For a Better Understanding of the Subject Matter:
In 2006 RHÖN-KLINIKUM AG took over 95 % of the shares in the University
Hospitals in Giessen and Marburg which were merged into UKGM GmbH. UKGM has
since undertaken extensive tasks in research and teaching and has received
the same payment from both universities since 2008 and 2009 which does not
take account of personnel and material costs which have been increasing
since this time.
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RHÖN-KLINIKUM AG AG is one of the largest healthcare providers in Germany.
At five medical sites with a total of 5,300 beds we offer cutting-edge
medical care with a direct link to universities and research institutes.
Our top five key areas of treatment are cardiological and coronary disease,
neurological disorders, oncology, lung diseases as well as orthopedic and
accident surgery. A total of over 16,000 employees work for RHÖN-KLINIKUM
AG. Our facilities are located in Bad Berka, Bad Neustadt/Saale, Frankfurt
(Oder) and Giessen and Marburg.
Further information is available at: www.rhoen-klinikum-ag.com.
Your Contact Persons:
RHÖN-KLINIKUM AG
Achim Struchholz
Group Division Head of Corporate Communication
Schlossplatz 1
97616 Bad Neustadt / Saale
Telephone: + 49 - 9771 65-1327
Facsimile: + 49 - 9771 65-1820
E-mail: [email protected]
Dr. Kai G. Klinger
Goup Division Head of Investor Relations & Group Financing
Schlossplatz 1
97616 Bad Neustadt / Saale
Telephone: + 49 - 9771 65-1318
Facsimile: + 49 - 9771 99-1736
E-mail: [email protected]
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15.12.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: RHÖN-KLINIKUM AG
Salzburger Leite 1
97616 Bad Neustadt a.d.Saale
Germany
Phone: +49 (0)9771 - 65-0
Fax: +49 (0)9771 - 97 467
E-mail: [email protected]
Internet: www.rhoen-klinikum-ag.com
ISIN: DE0007042301
WKN: 704230
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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