Medicover buys the Iowemed medical network in Constanta, consolidating its local presence

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Medicover, one of the leading players on Romania’s private healthcare and diagnostic services market, is extending its local footprint through a strategic acquisition.Iowemed Constanta

Thus, Medicover has acquired the Iowemed medical network in Constanta county, which includes five medical centers, of which two in Constanta city. According to a press release, the transaction expands the company’s medical network in the region, and there are plans to also expand the team and the range of healthcare services offered locally.

Iowemed offers European-standard healthcare and is among the most popular providers of medical service in the region. Its activities are complementary to Medicover’s, and the transaction now brings together over 21 years of international healthcare excellence and entrepreneurs with an extensive local knowledge, to further promote high medical standards.

“(…) We can say with confidence that Iowemed will help us bring the Medicover healthcare standards closer to even more patients in Constanta county, a very important region for us,” stated Adrian Peake, General Manager of Medicover Romania, adding: “(…) We have local development plans, both in terms of our healthcare range and our team, and we are delighted to implement them alongside a renowned and appreciated local business, such as Iowemed.”

Iowemed has over 150 doctors and nurses, providing over 30 medical specialties for individual patients and corporate employees. Iowemed also provides Maritime Medicine services, for those who need specific medical certifications for seafaring activities.

“(…) We are confident that this step will provide our existing patients with many more treatment and care opportunities, including premium hospitalization in Bucharest,” said dr. Ionica Ciortan, co-owner of Iowemed.

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