El Greco Medical Centre

What El Greco Medical Centre does

El Greco Medical Centre is a privately held, GESY-affiliated multi-specialty healthcare facility located at 9 Omirou Street, Strovolos, Nicosia, Cyprus. Established in 2024 and operating 24/7, the centre occupies a purpose-built 3,000-square-metre building across three floors, providing inpatient and outpatient care, a Radiology Department, a clinical Laboratory, and specialised departments covering cardiothoracic surgery, interventional cardiology (with a Cath Lab supporting TAVR and pacemaker/defibrillator implantation), nephrology with a 12-bed Dialysis Unit described as unique in Cyprus, a Coronary Care Unit (CCU), and an Intensive Care Unit (ICU).

The centre's clinical technology infrastructure is its primary technical differentiator: state-of-the-art imaging modalities, advanced operating theatres, continuous ICU/CCU monitoring, and a brand-new dialysis unit underpin the service offering. Medical leadership is anchored by Medical Director Dr Aris Megalemos (former Director of Cardiology at Aretaeio Hospital) and a Responsible Pharmacist (Vaggelis Tsouvalas), with a broader physician roster spanning multiple specialties.

Commercially, El Greco generates revenue through a hybrid payor model: GESY (Cyprus' national health system) referrals for eligible insured patients, private insurance reimbursements, and self-pay — including a deliberate medical-tourism channel for international patients (notably visitors seeking dialysis while abroad). The go-to-market is direct-to-consumer in nature, driven through the company's website, Instagram presence, and direct appointment booking. The facility operates as a single-site provider with no disclosed parent company, no funding rounds, and no disclosed revenue.

Name

El Greco Medical Centre

Legal name

El Greco Medical Centre

Website

https://elgrecomedical.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

El Greco Medical Centre is a GESY-affiliated, multi-specialty private hospital in Nicosia, Cyprus, established in 2024 across a 3,000 sq.m. facility, serving insured, private, and international patients with 24/7 inpatient, surgical, cardiology, and dialysis services.

Ownership category

akta.pro rank

Product category

Hospital and Multi-Specialty Healthcare Services

NAICS

General Medical and Surgical Hospitals (6221)

SIC

Services-General Medical & Surgical Hospitals, Nec (8062)

akta.pro primary industry

International/Medical Tourism Hospital Systems (HLAFAAAN)

akta.pro secondary industries

Cardiovascular / Cath Lab & Electrophysiology Centers (HLAFAIAI), Ambulatory Specialty Clinics (Multi-Specialty & Single-Specialty) (HLAFABAA)

Keywords

• Multi-specialty hospital services
• Inpatient outpatient care
• Dialysis and nephrology
• Interventional cardiology
• Diagnostic imaging services

Headquarters

HQ city

Strovolos

HQ country

Cyprus

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Healthcare Services: Provides comprehensive medical services including inpatient and outpatient care, diagnostics, and specialised treatments. Services are covered through Cyprus' national health system (GESY/GHS) and private insurance.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

El Greco Medical Centre is a brand-new, GESY-affiliated multi-specialty hospital in Nicosia, Cyprus, delivering inpatient and outpatient medical care, diagnostics, surgery, and specialised treatments across cardiology, cardiothoracic surgery, nephrology/dialysis, radiology, and laboratory services. The 3,000 sqm, three-floor facility offers 24/7 care, a unique-in-Cyprus 12-bed Dialysis Unit, and a Catheterisation Laboratory for advanced cardiovascular procedures, and serves both GESY-covered and private/self-pay patients including international visitors.

Product overview

El Greco Medical Centre is a GESY-affiliated healthcare facility offering a comprehensive range of medical services through an integrated hospital structure. The centre provides inpatient and outpatient care across multiple specialties including cardiology, cardiothoracic surgery, interventional radiology, nephrology with a dedicated 12-bed dialysis unit, general surgery, and internal medicine. Diagnostic capabilities include a fully equipped Radiology Department (operating 24/7 for emergencies) and Laboratory services. The facility spans 3,000 square metres across three floors and includes specialised units such as the Coronary Care Unit (CCU) and Intensive Care Unit (ICU). The centre's unique offering is its Nephrology Clinic, described as unique in Cyprus for its advanced technological infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Inpatient and Outpatient Medical Services Comprehensive inpatient and outpatient healthcare services including routine check-ups, advanced diagnostics, and specialised treatments across multiple medical disciplines for GESY-covered and private patients.
• Radiology Department Diagnostic imaging services including X-ray, ultrasound, and CT scans, available 24/7 for emergencies and serving both inpatients and outpatients.
• Laboratory Services Clinical laboratory testing services for routine blood tests and medical diagnostics, available Monday to Friday 07:30 – 16:00.
• Cardiothoracic Surgery Department Surgical treatment of diseases affecting the heart, lungs, and major vessels within the chest, including open-heart, minimally invasive, and thoracoscopic procedures performed in state-of-the-art operating theatres with advanced imaging and continuous CCU/ICU monitoring.
• Interventional Cardiology Unit and Catheterisation Laboratory (Cath Lab) Advanced minimally invasive, catheter-based procedures for diagnosis and treatment of cardiovascular diseases, including cardiac valve replacement (TAVR) and pacemaker/defibrillator implantation, supported by state-of-the-art imaging and monitoring systems.
• Coronary Care Unit (CCU) Specialised cardiac care ward for patients with cardiovascular conditions, offering 24-hour monitoring and treatment for acute cardiac emergencies and post-procedural recovery.
• Intensive Care Unit (ICU) Critical care unit providing intensive monitoring and treatment for critically ill patients.
• Nephrology Clinic and Dialysis Unit Specialised kidney care featuring a Nephrology Clinic unique in Cyprus for its advanced technological infrastructure and design, with a 12-bed Dialysis Unit offering comprehensive treatment for kidney patients including visitors from abroad.
• Wards (Inpatient Care) General and specialised inpatient wards providing continuous care to patients 24 hours a day, 7 days a week.

Quantifiable outcome

• Comprehensive care available 24/7 for emergencies

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• GESY (General Health System / GeSY)coreOthersGESY is Cyprus' national health system. El Greco Medical Centre is a GESY-affiliated healthcare facility, meaning services are covered under the national health insurance scheme for eligible patients.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Memorial Healthcare Group: Large Turkish hospital group with extensive international patient services across multiple specialties. Sets the regional benchmark for medical-tourism hospital operations that El Greco aspires to compete with for cross-border patients.
• Anadolu Medical Center: Multi-specialty hospital in Turkey affiliated with Johns Hopkins Medicine, with a strong international patient programme. Comparable in offering complex cardiac and surgical care to international patients, and a benchmark for El Greco's medical-tourism ambitions.
• Nicosia General Hospital: Largest public hospital in Nicosia providing broad inpatient and specialty care. Competes with El Greco for GESY-funded patients and complex cases, and represents the public-sector incumbent against which private facilities benchmark.

Regional players

• Hygeia Hospital: Large private multi-specialty hospital in Athens, Greece. Comparable in offering full multi-specialty private care with advanced cardiac and surgical services; relevant for medical-tourism patient flow between Cyprus and Greece.
• IASO Hospital: Major private multi-specialty hospital group in Greece. Comparable as a private multi-specialty operator that competes regionally for medical-tourism patients from the Eastern Mediterranean.

Direct peers

• Aretaeio Hospital: Leading private hospital in Nicosia offering multi-specialty inpatient and outpatient services. Directly comparable to El Greco as a Nicosia-based private multi-specialty facility — and notably the prior employer of El Greco's Medical Director.
• Mediterranean Hospital of Cyprus: Large private multi-specialty hospital in Limassol offering advanced cardiac, surgical, and diagnostic services. Comparable in service mix (including interventional cardiology and cardiac surgery) and in being a private, GESY-participating facility.
• Apollonion Private Hospital: Nicosia-based private hospital providing a broad range of multi-specialty inpatient, surgical, and diagnostic services. Closely comparable in geography, scope, and GESY-affiliated private hospital positioning.
• Royal Artemis Private Hospital: Private multi-specialty hospital in Paphos offering inpatient, surgical, and diagnostic care. Comparable as a Cyprus private hospital competing for the same GESY and private-pay patient pool.

Emerging players

• German Oncology Center: Specialty oncology hospital in Limassol focused on cancer treatment and international patients. Comparable as a Cyprus-based specialty facility that markets medical tourism, though narrower in clinical scope than El Greco.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagramelgrecomedical.com/about-us/instagram
• LinkedInlinkedin.com/company/el-greco-medical-center

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about El Greco Medical Centre