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Vivantes recovery plan ahead of schedule (Vivantes schafft Sanierung bis zum Jahresende).

Europe Intelligence Wire

| May 02, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Financial Times Deutschland)

Vivantes, the German state-owned operator of hospitals and clinics in Berlin, says it is on course to complete its recovery programme by the end of the year. Like many other hospitals in Berlin, Vivantes is struggling with high costs. Consultancy McKinsey was enlisted last year to identify where savings could be made and to help Vivantes bring the costs of its hospitals back down to the national average by 2008.

Since Vivantes was formed from the merger of 10, mostly ...

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