Terveystalo is the leading private healthcare service provider in Finland, serving private consumers, companies and organizations, and the public sector. The company offers a wide variety of integrated primary, secondary, occupational health and diagnostic care services.
Terveystalo (established in 2001) is headquartered in Helsinki and employs c. 8,800 healthcare professionals (including private practitioners) through a nationwide network of 18 hospitals and 180 units. Since 2001 the company has made approximately 140 acquisitions. Today, the company is the Finnish market leader in occupational and private healthcare services, with around 567,000 occupational healthcare customers and 2.7 million doctor visits in 2016. Furthermore, it is well-known for its nationwide clinic network, leading IT solutions as well as strong commitment to clinical, customer and operational quality.
Market trends and drivers
Terveystalo operates in the fundamentally attractive EUR 14 billion Finnish healthcare services market, which is characterized by stable historical growth, diversified funding base and increasing private sector involvement. Terveystalo’s target markets are expected to experience continued solid growth, driven by corporate customers’ increased focus on reduction of sick leaves and early retirements, households’ increasing willingness to spend on high-quality private healthcare, and further outsourcing of public-pay healthcare services.
As the largest private healthcare service provider and a pioneer in measurement and enhancement of clinical quality, Terveystalo is well-positioned to capitalize on the strong market fundamentals and drive healthy organic growth also in the future. There is also attractive potential to further strengthen the company’s presence in the currently underpenetrated regions through add-on acquisitions and opening of new clinics as well as to evaluate expansion to selected private-pay and public-pay adjacencies.
Key events since EQT investment
- Oversubscribed IPO - Terveystalo listed on Helsinki stock exchange