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2016-02-10

Attendo: Attendo comments on Finnish proposal for temporary legislation regarding combination contracts

As part of the upcoming social and health care reform (SOTE) in
Finland, a working group under the Finnish Government has today
announced its intention to present a proposal for temporary
legislation. The proposal aims to limit the ability of municipalities
to sign so-called combination contracts where all municipal social
care and healthcare is outsourced to a private provider over a
specific period. The purpose of the proposal is to prevent
municipalities from entering into combined contracts that is assumed
to interfere with the implementation of the SOTE reform, scheduled
for January 1, 2019.

At present, Attendo has five combination contracts with Finnish
municipalities. These contracts are not affected by the new
legislation.

The main part of Attendo's operations in Finland, such as own nursing
homes in elderly care, medical staffing, medical contracts and
dental, are not affected by the proposal. In all, outsourcing
represent a third of Attendo Group sales, where combination contracts
represents a smaller part.

Although some details remain to be revealed, the proposal is expected
to have a marginal impact on Attendo Finland if implemented.

Attendo AB
(publ)
For further information, please contact:
Ingalill ?stman, Head of Investor Relations Attendo
Telefon: +46 708 67 42 12
E-post: ingalill.ostman@attendo.com
Stefan Svanstr?m, Communications Director Attendo
Telefon: +46 708 67 38 07
E-post: stefan.svanstrom@attendo.com
Attendo - the leading care and healthcare company in the Nordics
Attendo is the leading private provider of publicly financed care and
healthcare services in the Nordic region. The company was founded in
1985 and was first to provide outsourced care for older people in
Sweden. In addition to care for older people, Attendo provides care
for people with disabilities, individuals and families, and, in
Finland, healthcare and dental care. Attendo has 18 000 employees and
is locally anchored with 490 operations in more than 200
municipalities in Sweden, Finland, Norway and Denmark.
www.attendo.com

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http://news.cision.com/attendo/r/attendo-comments-on-finnish-proposal-fo...
http://mb.cision.com/Main/13398/9909106/473463.pdf

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