- Following the agreement last March with the Santo Hospital de Caridad Foundation, the operation was pending administrative authorizations
The Ribera health group has completed the operation for the management of the Juan Cardona Hospital in Ferrol after the National Commission for Markets and Competition (CNMC) has given the green light. Following the agreement last March with the Santo Hospital de Caridad Foundation, the operation was pending this latest authorization. This agreement does not include the purchase of the property that remains the property of the Foundation.
Since 1974, the Santo Hospital de Caridad Foundation has managed this emblematic benchmark hospital center in Ferrol, and will continue to be linked to the same position that, in addition to continuing to own the property, will maintain all the management of its social work.
With this operation, the Ribera group, specialized in the provision of public and private healthcare services, continues to diversify its field of activity and consolidates its presence in Galician healthcare after the acquisition of the Ribera Povisa de Vigo hospitals in December 2019 and Ribera Polusa and Santo Domingo de Lugo clinics at the end of 2020.
"This operation is one more step in the consolidation of our project in Galicia"
According to Elisa Tarazona, CEO of the Ribera group, this operation represents "one more step in the consolidation of our project in Galicia, where we want to continue contributing to the health system and learning from the great professionals that make it up, with the commitment to continue offering the best service to citizens”
“It is also our responsibility to continue with the great work of the Foundation and give continuity to the excellent team of professionals who make this center a benchmark in the region”, recalls Elisa Tarazona.
For Alberto Lens, President-Big Brother of the Foundation, "this is the best solution to strengthen healthcare in Ferrol and the region, ensure the maintenance of the staff and ownership of the hospital property, which belongs to all Ferrol residents. Likewise, the maintenance of the social benefits provided by this much-loved institution since the end of the XNUMXth century is ensured”.
About Juan Cardona Hospital
With more than 22.000 square meters, Juan Cardona is the only private hospital in Ferrol and works with the main health insurers. It has 183 beds, 4 operating rooms, 6 hospitalization units and an Intensive Care Unit, a complete portfolio of services and a staff of 300 professionals.
About Ribera group
Ribera is a business group that provides public and private health services, which since 1997 has been working for the health and well-being of the population. Its main shareholder with 90% is the Centene Corporation group, one of the main US insurers, included in the Fortune 50 list, which has more than 30 years of experience in collaboration with state governments in the United States, mainly developing Medicare programs. and Medicaid. The Spanish banking group Banco Sabadell is the other shareholder with 10%. Ribera manages 9 hospitals in Spain, 3 of them university and 62 health centers and other projects in Europe and Latin America. In Galicia, it has the Ribera Povisa hospital in Vigo and Ribera Polusa hospital in Lugo, as well as the University School of Nursing in Vigo and the Polusa Santo Domingo clinics. For more than 20 years, it has developed a public-private collaboration model that is studied as a success story at major universities such as Berkeley and the Harvard Business School. The group also has a Futurs technology division, a Ribera Lab division, and a Ribera b2b purchasing center, among other projects. Its responsible health model based on the "5Ps": personalized, predictive, preventive, population-based and participatory medicine, responds to its commitment to society to continue providing value and innovative solutions that make it possible to face global health challenges, in accordance with the Sustainable Development Goals of the 2030 Agenda.
