Healthcare & Social Care

Healthcare & Social Care

Healthcare and social services are facing major changes in Finland. Though the form that the services system will take is still uncertain, the overall trends are clear. The demand for healthcare and social services is increasing, and the related business sector is continually growing. Private companies will continue to be partners to public service providers. As services move online, efficient data systems will play a key role and data security needs to be watertight.

Good legal advice can ensure smooth public-private cooperation. Regulations concerning state aid, public procurement and the openness of government have to be taken into account in all such joint projects. Large service outsourcing projects and real estate projects may require permits. Decision making proceeds differently in the public sector is compared to the business world, and project communications need to comply with government openness requirements.

Latest references

We assisted Pharmaca Health Intelligence in its acquisition of Mediaattori Ltd’s PODIUM Connect® and PODIUM Visits businesses. Through the acquisition, Pharmaca Health Intelligence strengthens its extensive service offerings in medical information, data-driven management, and education for both healthcare and pharmaceutical companies. Pharmaca Health Intelligence is a pioneer in digital medical information and a reliable partner for wellbeing services counties, the private healthcare sector and pharmacies. The company invests in the development of technology and service solutions related to pharmaceutical information, also on an international scale.
Case published 5.12.2024
We assisted eQ Community Properties Fund in the sale of three healthcare and hospital properties to Niam. The properties have a total floor area of approximately 18,000 square meters. Two of the properties are located in Helsinki and one in Pori. Saukonpaadenranta 2 is a property in the maritime district of Jätkäsaari, with the private cancer hospital Docrates as its main tenant. Bulevardi 22 is a historical property where Mehiläinen, one of Finland’s largest private healthcare service providers, operates as the main tenant. The property in Pori, located in the heart of the city, has a lettable area of approximately 5,800 square metres and it is BREEAM Very Good certified. The property is fully leased to Terveystalo. 
Case published 5.7.2024
We successfully represented a Finnish wellbeing services organisation in a criminal matter where the defendant was a former employee of the organisation. The employee had fraudulently misrepresented their qualifications, gaining unlawful economic benefit and causing economic loss to the organisation. The employee was sentenced to conditional imprisonment for two separate offences and to pay damages to the organisation.
Case published 15.10.2023
We advised first aid and ambulance service company 9Lives Group Oy when it acquired the entire share capital of Stella Kotipalvelut Oy. The acquisition is at the heart of 9Lives’ strategy and is driven by, among other things, the SOTE reform and the megatrend of population aging. ‘Stella is one of the leading players in home care and personal care in Finland. By combining our strengths and expertise, we will have an even stronger foothold in the market as well as a more comprehensive service network, and we will be able to offer high-quality and versatile care close to the customer competitively. In addition, as a Finnish-owned and entrepreneur-driven operator, we are able to react to market changes quickly, in a customer-oriented and reliable manner’, says Markus Ulfstedt , CEO and owner of 9Lives. 9Lives is Finland’s largest private company providing first aid and ambulance services. The clients of its ambulance services are public actors and medical institutions. The company has also lately become known with COVID-19. The company’s turnover in 2020 was approximately EUR 20 million and it employs 800 people. Stella Kotipalvelut Oy is a company specialising in home care services, with a turnover of EUR 24 million in 2020. The company employs 1,600 people, of whom 520 are permanent employees.
Case published 5.1.2022