Centene expands further into Spain with hospital deal


Centene on Friday said it has purchased a majority stake in a Madrid hospital.

Centene Corp. said it aquired Sanitas' and Asisa's stakes of the Torrejón Salud company, concessionaire of the University Hospital of Torrejón de Ardoz in Madrid.

With the transaction, Centene will own 89 percent of the University Hospital of Torrejón, and Ribera Salud of Spain will take over management of the hospital, officials said. Centene currently owns half of public and private health management organization…

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