Centene completes sale of Spanish, central European businesses

Centene said in a Nov. 17 news release it has completed the sale of its Spanish and central European businesses to Vivalto Santé, a French private hospital group. 

The payer announced in July that it had entered an agreement to sell the business to the French company. 

The businesses Centene sold to Vivalto Santé are:

  • Ribera Salud, a healthcare provider in Spain, which operates hospitals and provides other healthcare services.
  • Torrejón Salud, a public-private partnership in the Community of Madrid which is operated by Ribera Salud.
  • Pro Diagnostics Group (PDG), a subsidiary of Ribera Salud, which owns clinics providing radiology and other services in Slovakia and the Czech Republic.

Centene did not disclose the financial details of the completed transaction.

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