Full Year Results 

Capital and scale at Georgia Healthcare

Capital and scale at Georgia Healthcare

Georgia Healthcare’s (GHG) chief executive Nikoloz Gamkrelidze characterised 2017 as “a significant year of transition” as the group continued to roll out an expanding range of services. Two recent pharma acquisitions were highlighted, along with “key investment and growth priorities" in the Tbilisi Referral Hospital and Deka hospital redevelopment. However, investments linked to these projects constrained earnings, as did changes to Georgia's Universal Healthcare Programme. Nevertheless, the scope of activities keeps widening. At the beginning of 2018, the group’s medical insurance business won a "significant" new client in the Georgian Ministry of Internal Affairs.

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