Fresenius Expands Its Helios Hospital Segment Into Spain With Purchase of Quironsalud
Fresenius’ announcement to acquire Quironsalud, the largest private hospital system operator in Spain, for EUR 5.76 billion marks the company’s first major shift of its Helios hospital segment outside of its core operations in the German market. Quironsalud has nearly EUR 2.5 billion in revenue from 43 hospitals, 39 outpatient centers, and about 300 occupational risk prevention centers across most major markets in Spain. While most of revenue is from private insurance, approximately 34% of reven...Fresenius is a health care group providing products and services for dialysis, hospitals and outpatient medical care. Co. operates four business segments: Fresenius Medical Care; Fresenius Kabi; Fresenius Helios; and Fresenius Vamed. Fresenius Medical Care provides dialysis care and dialysis products for patients with chronic kidney failure. Fresenius Kabi is engaged in the provision of generic drugs, infusion therapies, clinical nutrition products, related medical devices and transfusion technology. Fresenius Vamed manages projects and provides services for hospitals and other health care facilities. Fresenius Helios is a private hospital operator which only operates in Germany.
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