Korian is strengthening its local networks in line with its commitments to social and environmental responsibility¹
Integrating facilities within digital ecosystems
Following on from its developments in 2019 to facilitate outpatient or at home follow-up of fragile people or experiencing a loss of autonomy and allow effective coordination of health professionals working with them (Oriane, Omedys, Move in Med in
The first one aims to accelerate digitalization in medico-social or health facilities.
-
Korian has entered into exclusive talks with mutual group VYV to take a majority stake in Technosens, a startup developing simple and ergonomic digital solutions, that strengthen residents’ and patients’ remote links with their loved ones, and improve coordination and working conditions for care teams.
This Grenoble-based start-up created in 2017 has designed a unique solution in the market, E-Lio, which consists of a platform allowing three-way interaction between Residents / Patients - Families – Staff through a box installed in each room and connected to the television. This solution has been tested and developed for more than a year in three of theKorian group's facilities inFrance . Thanks to the partnership concluded, it will now be able to be gradually rolled-out in all of the Group's nursing homes and clinics inFrance and then inEurope . It can also be adapted for home use.
The second one aims to facilitate local links with liberal health professionals working at home or in a facility.
- As such,
Korian has decided to enter into a partnership with the start-up Medicalib, by taking, alongside its founders andDay One Entrepreneurs and Partners , a minority stake in the capital of this company.
Medicalib is a startup that has developed a platform to connect patients with home care professionals (nurses, physiotherapists and midwives) using a geolocation system, allowing patients wanting to book home visits to get a call-back in less than one hour. The platform features 10,000 government-certified independent healthcare professionals, accredited by the health insurance system, in 1,200 towns, and has already handled more than 220,000 care requests since it was created.
Through these various initiatives,Korian thus contributes to the creation of an ecosystem of digital and innovative solutions, making it possible to better organize, locally, the care pathway for the elderly and vulnerable and benefiting all stakeholders.
Continuing to develop alternative, inclusive accommodation in
In
Created in 2011, Les Essentielles has developed 11 facilities (914 accommodation units) located in town centres close to shops and transport links, mainly in the
This acquisition is, as well as shared housing for seniors, complementary to the other Group’s activities, home care and services offering, post-acute clinics and long-term care nursing homes.
Strengthening the local services network in
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A new milestone in Korian’s commitment to social and environmental responsibility: €173 million of 8-year notes issued through its first Sustainability Linked Euro Private Placement
In line with the 15 ESG3 commitments made by the Group last February,
Fully involved in its social and environmental responsibility and attentive to its stakeholders,
- Achieving ISO 9001 certification across all its facilities in
Europe , - Doubling the proportion of staff members participating in qualifying training programs,
- Reducing its direct and indirect CO2 emissions.
Depending on the extent to which each of those targets are met, the interest rate on the notes may be increased or reduced by up to 20bp. If the interest rate is increased, half of the increase will be allocated to internal compensatory measures and/or paid to one or more external partners (such as associations or NGOs), with the other half being paid to investors. Korian’s fulfilment of the commitments concerned will be checked annually by an independent third party when the Group’s Statement of Extra-Financial Performance is reviewed.
The funds raised through that transaction will be used to support the Group’s development of projects contributing to the success of its social and environmental strategy, in line with the expectations of its stakeholders.
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Euronext ticker: KORI - ISIN: FR0010386334 – Reuters: KORI.PA – Bloomberg: KORI.FP
1Social and environmental responsibility (SER)
2Dutch quality standard
3ESG : Environmental-Social-Governance
View source version on businesswire.com: https://www.businesswire.com/news/home/20200621005056/en/
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