Service companies

Even social and welfare services are affected by rising cost pressure. Competition has meanwhile become stiffer even for hospitals and old people's homes. We regard the demand for uniform quality at low prices as a challenge. We don't just think in an innovative way, but act that way too.

16 per cent less costs means 16 per cent more available funds for the future

As a result, we have established a service company with a private specialist service provider that will enable social and welfare services to save up to 16 per cent costs. How was that possible? Normally a hospital would have to pay outsourced services at a rate of 119 per cent (i.e. including the full VAT rate). However, if the contract is awarded to a subsidiary that holds a majority stake, the services are only subject to VAT to a limited extent. The resulting cash and cost advantage is around as much as 16 per cent. Besides this advantage, especially the high technical competence and productivity advocate such a partnership model.

Since quality and validity are very important to us, we have commissioned a study by renowned economist to examine the effects of this form of organisation. It concluded that there are only winners.

A service company is particularly suitable for the following institutions:

  • Clinics
  • Hospitals
  • Old people's homes
  • Foundations
  • Banks
  • Insurance companies
  • Municipalities