PZU to expand into health care
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Within 3 years, PZU wants to operate at least one clinic in every county. “Our goal is to build a network of at least 400 – 550 clinics ... First, we will invest in primary care centers, later adding specialist clinics,” said PZU Życie board member Rafał Grodzicki.
The state-controlled insurer will spend PLN 150 – 200 million on expanding its stake in the health care sector. Recently, they’ve taken over Orlen Medica and Prof-Med. The plan is to invest in medical units of other state-controlled companies, like Tauron and KGHM. PZU is also a minority shareholder in EMC Instytut Medyczny.
Grodzicki weighed in on further expansion into hospitals like KGHM's Miedziowe Centrum Zdrowia, “We’d like to build a local network of hospitals which would cooperate with our clinics.” Upon testing the hospital business, PZU may grow their hospital network to other regions.
PZU’s revenue from health insurance policies is valued at PLN 100 million with plans to reach PLN 500 million within 3 years. In all, their goal is to rein in 20 percent of the health care sector.