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Capio strengthens specialist care through acquisitions within surgery and gynecology

Dec 13, 2011

Capio, one of Sweden's and Europe's leading healthcare companies, has acquired a specialist clinic for laparoscopy, Centrum för titthålskirurgi (CFTK), in Stockholm and the healthcare company Avensina's gynecology operations in Kista, Sweden. The acquisitions are part of efforts to meet future needs due to expansion of healthcare choice in specialist healthcare and expected transfer of patient flows from the Karolinska University Hospital and emergency hospitals in Stockholm County Council.

CFTK is offering bariatric surgery, general surgery and gynecology, urology and ear surgery. The operations have approximately fifteen employees and fourteen affiliated consultants located in modern facilities in central Stockholm. The company's founder Dag Arvidsson, associate professor and specialist surgeon, will continue as managing director. The clinic is complementing Capio's operations within general surgery at the Capio Arenakliniken in Solna, which opened in October this year.

Avesina gynecology operations in Kista is providing specialised gynecological care through a health care agreement with Stockholm County Council, which as of January 2012 will become part of the healthcare choice authorisation. The clinic has nine employees which will continue with the business. The operations that will be named Capio Specialistcenter Kista is found in refurbished premises adjacent to Kista shopping center.

- CFTK and Avesina's gynecology operations are both well-established clinics in the forefront of their respective medical specialties. Through the acquisitions, Capio is strengthening and complementing its offering within specialist care in order to meet the healthcare needs of the future, says Åke Strandberg, Business Area Manager, Capio Specialist Clinics.

The construction of the New Karolinska Solna University Hospital and Stockholm County Council's report "Healthcare plan for the future" (Framtidsplan för hälso- och sjukvården) means that specialist healthcare that does not require the university and emergency hospitals' resources should be moved closer to the citizens through the expansion of specialist centres and local hospitals. In 2016, 10,000 admissions and 300,000 outpatient visits are assessed to be transferred to specialised healthcare outside of emergency hospitals. Already in 2011, the objective of the HSN, the healthcare management authority within Stockholm County Council, is that healthcare equivalent to approximately 80 million SEK should be transferred to specialised healthcare outside hospitals.

Stockholm County Council has introduced healthcare choice in a number of areas within the specialist healthcare. 1 January 2012, specialised gynecology will be included in the healthcare choice. There are also plans that specialised bariatric treatment and urology will be included in the healthcare choice model in Stockholm.

CFTK and Avesina's gynecology operations are part of Capio since November.

For further information on Centrum för titthålskirurgi (in Swedish)

For further information on Avesina's gynecology operations (in Swedish)

For further information please contact:

Åke Strandberg
Business Area Manager, Capio Specialist Clinics
Telephone: +46 70 516 20 80

Linda Wallgren
Corporate Communications Manager, Capio AB
Telephone: +46 31 732 40 16 

About Nordic Capital Private Equity Funds

Since the start in 1989, Nordic Capital Private Equity Funds have invested in large and medium sized companies, primarily in Northern Europe. Through committed ownership and by targeting strategic development and operational improvements, Nordic Capital creates value in its investments. The funds invest in companies in Northern Europe and in selected investment opportunities internationally. They are based in Jersey, Channel Islands, and are advised by the NC Advisory companies in Sweden, Denmark, Finland, Norway, Germany and the UK. Additional information about Nordic Capital is available through its corporate website, www.nordiccapital.com

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