PRESS RELEASE : RHÖN-KLINIKUM Aktiengesellschaft: First quarter of 2021 continues to be marked by COVID-19 pandemic

DGAP-News: RHÖN-KLINIKUM Aktiengesellschaft / Key word(s): Quarter Results/Quarter Results 
RHÖN-KLINIKUM Aktiengesellschaft: First quarter of 2021 continues to be marked by COVID-19 pandemic 
2021-05-06 / 08:00 
The issuer is solely responsible for the content of this announcement. 
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Corporate News 
Bad Neustadt / Saale | 6th May 2021 
RHÖN-KLINIKUM AG: First quarter of 2021 continues to be marked by COVID-19 pandemic 
The first quarter of financial year 2021 of RHÖN-KLINIKUM AG continued to be dominated by the COVID-19 pandemic. The 
trend towards the normalisation of patient numbers was brought to an end by the third wave of the pandemic. To create 
capacities for emergencies and COVID-19 patients it was once again necessary - to the extent this was medically 
acceptable - to initially postpone a large number of elective procedures and to adapt human resources planning to 
requirements. This was done subject to the restrictions of new, particularly regional, orders. 
Dr Christian Höftberger, Chairman of the Board of Management of RHÖN-KLINIKUM AG, stated: "The increasing bureaucracy 
is extremely demanding on us as a hospital group. Parallel to that, new provisions on minimum staffing levels have 
significantly reduced the number of available hospital beds, purely in terms of calculations. In this environment, the 
service volume targets are seriously jeopardised." 
Under the Third Civil Protection Act (Drittes Bevölkerungsschutzgesetz), hospitals as well as certain specialised 
clinics participating in inpatient emergency care receive compensation payments for COVID-19 income losses. The 
payments depend on the share of free intensive care beds within the district or municipality and the 7-day incidence of 
new infections. 
"Safeguarding measures at such short intervals fail to adequately reflect our role in fighting the pandemic. If 
hospitals and their staff who have devoted themselves to providing care to seriously ill patients, are the indicator 
for the need and reasonableness of lockdown orders, then the safeguarding of the economic existence of German hospitals 
on this basis is neither objectively expedient nor fair. We once again call for the business model of healthcare 
provision to be safeguarded for the year 2021 as a whole and consequently for real help to be given to our staff," Dr 
Höftberger remarked. 
By the "Regulation on Further Measures to Safeguard the Economic Viability of Hospitals " (Verordnung zur Regelung 
weiterer Maßnahmen zur wirtschaftlichen Sicherung der Krankenhäuser) which entered into force on 9th April 2021, 
hospitals that did not receive any 
compensation payments in the first quarter of 2021 and recorded declines in occupancy in this period compared to 2019 
will now also receive liquidity assistance. The regulation provides for the lowering of the incidence level from 70 to 
50 as a pre-condition for compensation payments as well as compensations for declines in income due to the COVID-19 
pandemic in 2021 compared with 2019 of only 85%. "This new legislative environment must not hide the fact that the 
hospitals - regardless of the further trend in service volumes in 2021 and on a very simplified view - are merely being 
secured 98% of their 2019 DRG revenues," Dr Höftberger stated. 
Renewed Appeal for a National Policy 
RHÖN-KLINIKUM AG re-iterates its urgent request for a national policy to secure adequate medical care. The commitments 
to safeguard the viability of hospitals must be met taking into account the true increases in costs including all 
revenue types, and not only financed pro rata. The current revenue compensation mechanisms are incomplete and 
disregard, among other things, revenue declines in outpatient structures as well as the considerable additional costs 
arising from protective equipment, tests and security personnel. Furthermore, special assistance for university 
hospitals, intermediate and maximum care facilities is indispensable and must not be made conditional on individual 
district boundaries and their local-regional incidence. 
"At the same time, we appeal once again to the federal states to meet their obligations for necessary investment 
subsidies. This area has seen a deficit for many years which - regardless of the ownership structure - so far had to 
and could be cross-financed from profit contributions of specific service volumes, in particular also our secondary 
income streams that have now been lost. The lower payment and compensation volume is now laying bear the policy 
shortcomings of recent years. The shortfall in the funding of investments that has gone on for years can no longer be 
continued on the back of hospital operators but finally needs to be boldly addressed now," 
Dr Höftberger demanded. 
Economic Results - First Quarter of 2021 
RHÖN-KLINIKUM AG recorded revenues of EUR 335.9 million in the first quarter of financial year 2021 compared with EUR 332.6 
million in the same period last year. Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted 
to EUR 19.5 million. Net consolidated profit stood at EUR 1.3 million. In the first three months 201,740 patients were 
treated at our five hospital sites in Bad Neustadt, Frankfurt (Oder), the university hospitals in Giessen and Marburg 
as well as in Bad Berka all providing maximum and intermediate medical care, a decline of 4.7 % in comparison with the 
same period last year. 
Annual General Meeting on 9th June 2021 
The Board of Management and the Supervisory Board will propose to this year's Annual General Meeting (AGM) that the 
balance sheet profit be carried forward. The 33rd ordinary AGM will take place on 9th June 2021 and will again be held 
digitally due to the COVID-19 pandemic. 
You can read the complete publication of the results in our quarterly statement: 
www.rhoen-klinikum-ag.com/interim-reports-quarterly-statements 
RHÖN-KLINIKUM AG is one of the largest healthcare providers in Germany. Its hospitals offer excellent medical care with 
a direct link to universities and research institutes. Approx. 809,000 patients are treated every year at the five 
group hospitals located in Bad Neustadt, Frankfurt (Oder), Giessen and Marburg as well as Bad Berka where roughly 
18,450 employees work. The innovative RHÖN campus concept for offering forward-looking healthcare across sectoral 
boundaries in rural areas as well as consistently extending our gradual corporate digitalisation and the strategic 
partnership with Asklepios are key pillars of the corporate strategy. RHÖN-KLINIKUM AG is an independent company under 
the roof of Asklepios Kliniken GmbH & C. KGaA. www.rhoen-klinikum-ag.com 
Contact Person: 
RHÖN-KLINIKUM AG | Head of Investor Relations and Treasury 
Julian Schmitt | Telephone: [phone] | E-Mail: [e-mail] 
RHÖN-KLINIKUM AG | Schlossplatz 1 | 97616 Bad Neustadt /Saale, Germany 
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2021-05-06 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      RHÖN-KLINIKUM Aktiengesellschaft 
              Salzburger Leite 1 
              97616 Bad Neustadt a.d.Saale 
              Germany 
Phone:        [phone] - 65-0 
Fax:          [phone] - 97 467 
E-mail:       [e-mail] 
Internet:     www.rhoen-klinikum-ag.com 
ISIN:         DE0007042301 
WKN:          704230 
Listed:       Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, 
              Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange 
EQS News ID:  1193127 
 
End of News   DGAP News Service 
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1193127 2021-05-06

 
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May 06, 2021 02:01 ET (06:01 GMT)