TMCnet News
SHL Telemedicine completes acquisition of GPH CordivaTEL AVIV, Israel and ZURICH, April 1, 2015 /PRNewswire/ -- SHL Telemedicine Ltd. (SIX Swiss Exchange: SHLTN), a leading provider and developer of advanced personal telemedicine solutions, today announced that it has completed the acquisition of GPH (Gesellschaft fur Patientenhilfe), based in Munich, for a cash purchase price of € 7.6 million. GPH's nationwide German telemedicine programme Cordiva currently cares for about 10,000 chronic heart failure patients in daily regular care. GPH, a subsidiary of US-based Alere Inc., has AOK Bayern and AOK North East amongst its major clients. About SHL Telemedicine Some of the information contained in this press release contains forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. SHL Telemedicine undertakes no obligation to publicly update or revise any forward-looking statements. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shl-telemedicine-completes-acquisition-of-gph-cordiva-300058950.html SOURCE SHL Telemedicine Ltd. |