GHG at a Glance

Segment overview

Georgia Healthcare Group
Key
Segments
Healthcare services Pharma Medical insurance
Hospitals Polylinics Pharma Medical Insurance
Referral Hospitals Community Hospitals
Key Services

General and specialty hospitals offering outpatient and inpatient services in Tbilisi and major regional cities

Basic outpatient and inpatient services in regional towns and municipalities

Outpatient diagnostic and treatment services in Tbilisi and major regional cities

Wholesaler and urban-retailer, with a countrywide distribution network

Range of private insurance products purchased by individuals and employers

Market Size 2017

GEL 1.2bln adressable
21% by revenue
24.5% by beds (total 3,014 beds)
GEL 0.7bln
2% by revenue
GEL 1.5bln
30% by revenue
GEL 0.2bln
29% by revenue

Market
Share

Selected
Operating
Data 2017
84% 16 hospitals
2,519 beds
16% 21 hospitals
495 beds

12 clusters with

16 district Polyclinics

24 express outpatient clinics

255pharmacies in major cities

155,000 individuals insured os of October 2017

Financials 2017

Revenue

GEL747.8mln

EBITDA

GEL108.1mln

29%
GEL 225.5 mln
3%
GEL 22.1 mln
2%
GEL 15.7 mln
59%
GEL 450.3 mln
7%
GEL 53.7 mln
62%
GEL 67.6 mln

2%

GEL 2.0 mln
36%
GEL 38.9 mln
0%
GEL -0.4mln
EBITDA Margin: 27.4% EBITDA Margin: 13.2% EBITDA Margin: 8.6% EBITDA Margin: -0.8%