MEDICA
Encyclopedia
MEDICA is a French
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

 private health group specialized in the exploitation of global care facilities for dependent persons.

Activities

The MEDICA group operates in the sector of nursing homes for elderly dependent persons, in France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

 and Italy
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...

, and in the health sector, with medical units of follow-up care and rehabilitation as well as psychiatric clinics. In these two sectors, the MEDICA Group had a total capacity of approximately 13800 beds as of 11 February 2011.

History

  • 1968: Pierre Burel founds MEDICA by opening its first retirement home.
  • 1970-1990: Construction and acquisition in France of 23 facilities. (mainly nursing homes and follow-up care facilities).
  • 1999: MEDICA is acquired by the Société Centrale Immobilier de la Caisse des Dépôts (SCIC), a subsidiary of the Caisse des dépôts et consignations/Caisse des dépôts (Fund Deposit establishment). The overall capacity of the MEDICA group then stands at nearly 2,500 beds. Jacques Bailet is appointed CEO of the MEDICA Group. Christine Jeandel is appointed Chief Operating Officer.
  • 2003: Several investment funds managed by Bridgepoint Capital
    Bridgepoint Capital
    Bridgepoint is a UK-based private equity investor in companies valued up to €1 billion, including Pets at Home and Pret A Manger in the UK, Dorna in Spain, and Alain Afflelou in France.-History:...

     and AlpInvest Partners
    AlpInvest Partners
    AlpInvest Partners is a private equity investment manager and at the end of 2009 globally managed over €42 billion ....

     acquire the MEDICA Group. Acquisition of the group Doyennés Europe. By December 31, 2003, MEDICA reports a consolidated turnover of 209.9 million euros for a capacity of 7225 beds. Creation of a MEDICA training center: the Institute of Good Practices.
  • 2005: MEDICA expands its international strategy, and enters the Italian market.
  • 2006: Several investment funds advised by BC Partners
    BC Partners
    BC Partners is a private equity firm specialising in buyouts and acquisitions financing in Europe and the United States. The firm invests across all industries...

    , take control of the capital. By December 31, 2006, MEDICA has a capacity of 9 643 beds.
  • 2008: The MEDICA group has 144 operating facilities for a total capacity of 11,042 beds. By December 31, 2008, MEDICA reports 448.8 million euros in turnover.
  • 2009: The capacity of the group is 11 381 beds.
  • 2010: The company is listed on the NYSE Euronext Paris (compartment B), eligible for SRD.
  • 2011: The MEDICA group receives the NF service certification given by AFNOR for the majority of its nursing homes.

Key numbers

  • Turnover in 2010: 538.9 million euros (€).
  • Beds in operation: 13 800 beds
  • Number of employees and experienced health professionals: 6800

Management

Members of senior management:
  • Jacques Bailet, President and CEO
  • Christine Jeandel, COO


Members of the management team ::
  • Mathieu Fabre, CFO
  • Alexandra Devic, Human Resources Director
  • Dr. Didier Armaingaud, Medical Director

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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