Helios Expects More Hospital Privatization in 2012, FAZ Reports

Helios, the hospital unit of Fresenius SE (FRE), expects more industry privatization this year than last year, Frankfurter Allgemeine Zeitung reported, citing Francesco De Meo, head of the unit.

With one out of five German hospitals in debt, privatization will be unavoidable even if the public is skeptical about it, De Meo told the newspaper in an interview.

To contact the reporter on this story: Allison Connolly in Frankfurt at aconnolly4@bloomberg.net.

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net.

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