VAMED

VAMED is an Austrian healthcare group founded in 1982 and headquartered in Vienna. It originated as a project company for the completion of the Vienna General Hospital (AKH) and grew into an international provider of healthcare infrastructure and services. The company is a subsidiary of the German healthcare group Fresenius. VAMED's activities have spanned hospital planning and construction, technical and infrastructural management, rehabilitation and care facilities, and health tourism through its VAMED Vitality World spa division. It has delivered projects in over 80 countries and has been a pioneer of public-private partnerships (PPPs) in healthcare. In Austria, VAMED Vitality World operates thermal spa and wellness centres and is a leading provider of private rehabilitation. Since 2024 the company has been undergoing a transformation involving four transactions: the rehabilitation business was sold to PAI Partners in October 2024; the hospital services business was integrated into Fresenius Health Services in January 2025; the international project business was sold to Worldwide Hospitals Group (WWH) in April 2025; and the Austrian project business and VAMED Vitality World thermal operations were sold to PORR at the end of December 2025. On 16 September 2025, VAMED AG — primarily the holding company — was renamed VIACAMA AG.

VAMED was founded in 1982 as a project company for the completion of the Vienna General Hospital (AKH). It subsequently organised healthcare projects beyond Vienna: in the Middle East from 1984, in Africa from 1985, and in Asia from 1987. From 1986 it also engaged in building and property management. Since 1989 VAMED has been active in the management of thermal spas, since 1991 in hospital management, and since 1993 in the development of healthcare construction projects. In July 1996, VAMED, previously wholly owned by ÖIAG (Österreichische Beteiligungs AG), became 77% owned by the German healthcare group Fresenius SE & Co. KGaA and 10% by B & C Holding, with Österreichische Beteiligungs AG retaining 13%. In 2008 the company developed projects in Latin America and activities in nursing homes. By 2013 VAMED had realised its 20th PPP model. In 2017, VAMED had completed more than 800 projects in over 80 countries and 25 PPP models on 5 continents. In 2018 VAMED acquired the rehabilitation and care business of Helios in Germany, expanding its position in rehabilitation and care to 67 healthcare facilities. By 2018 the group had realised more than 900 projects, including 25 public-private partnerships on five continents. VAMED has provided services to around 840 healthcare institutions with 153,000 beds worldwide. It was the first company to receive the ECRI certificate for medical management. In Austria, VAMED Vitality World operates thermal spa and wellness centres with about 3.2 million customers and 10 locations, and VAMED is the leading private rehabilitation provider in Austria. Since 2024, VAMED has been undergoing a transformation process involving four transactions: the rehabilitation business was sold to PAI Partners in October 2024; the hospital services business was integrated into Fresenius Health Services in January 2025; the international project business was sold to Worldwide Hospitals Group (WWH) in April 2025; and the Austrian project business and VAMED Vitality World thermal operations were sold to PORR at the end of December 2025. On 16 September 2025, VAMED AG — primarily the holding company — was renamed VIACAMA AG.

• 2025

  Hospital services business integrated into Fresenius Health Services in January; international project business sold to Worldwide Hospitals Group in April; VAMED AG renamed VIACAMA AG on 16 September; Austrian project business and VAMED Vitality World sold to PORR at end of December.

• 2024

  Sold rehabilitation business to PAI Partners in October.

• 2018

  Acquired the rehabilitation and care business of Helios in Germany, expanding to 67 healthcare facilities.

• 2017

  Completed more than 800 projects in over 80 countries and 25 PPP models on 5 continents.

• 2013

  Realised its 20th PPP model.

• 2008

  Developed projects in Latin America and activities in nursing homes.

• 1998

  Entered thermal and health tourism by opening its first spa in Geinberg.

• 1996

  Fresenius acquired a 77% stake; B & C Holding 10%; ÖIAG retained 13%.

• 1993

  Started developing healthcare construction projects.

• 1991

  Entered hospital management.

• 1989

  Began active management of thermal spas.

• 1986

  Received orders from Malaysia, China and Russia; began building and property management activities.

• 1985

  Activities in Africa; developed a healthcare programme in four hospitals in Nigeria.

• 1984

  First international operations in the Middle East; delivered installations for eight hospitals in Iraq.

• 1982

  VAMED founded as a project company for the completion of the Vienna General Hospital (AKH).

International healthcare infrastructure and services provider; pioneer of public-private partnerships in healthcare; market leader in health tourism and medical wellness in Austria.

• Hospital planning and construction

• Technical and infrastructural management

• Rehabilitation and care facilities

• Thermal spa and wellness centres

• Public-private partnership (PPP) projects

• Healthcare project development

1. 1health - care - vitality | VAMEDvamed.at
2. 2Vamed - Wikidatawikidata.org
3. 3Vamed - Wikipedia (French)fr.wikipedia.org