A European giant is born!
The Spanish largest private hospital group Quironsalud has been acquired by the German group Fresenius Helios, the largest private hospital group in Germany, for an amount of 5,760 million Euro in September 2016.
Quironsalud represents 43 hospitals, 39 outpacient centers, more than 300 Occupational Risk Prevention Centers, 35,000 employees and a revenue over 2,500 million Euro. Quironsalud is the product of the merger of IDC Salud and Grupo Hospitalario Quirón in 2014.
Quironsalud is also a pioneer in public-private-partnership models with five hospitals in Madrid and Barcelona integrated within the public healthcare network, receiving remuneration based on performed activity.
Fresenius and Quironsalud will impulse best-practice transfer to enhance quality of patient care in both markets and become a European leader in hospital management.
With the purchase of Quironsalud by Fresenius Helios, the first private European Group was born.