Vithas emerges as the third private hospital group in Spain.
Jointly owned by Goodgrower1 (80%) and "la Caixa" Group (20%), Vithas is a solid and stable long-term healthcare project.
- A leading healthcare group, Vithas offers its services to private health insurance companies, collaborates with the Spanish National Health System and directly attends private patients.
- 10 hospitals, 3,100 healthcare professionals, 1.5 million patients a year2, one commitment: taking care of people's health and wellbeing.
- Vithas' growth strategy plans to progressively integrate new hospitals and specialist centres.
- The group will be investing approximately 7% of its annual revenue (i.e. approximately 15 million Euros per year) to enhance its facilities and equipment.
Madrid, 21st November 2012
Vithas is the new identity of the third largest3 private hospital group in Spain: a network of 10 hospitals with a centralised procurement platform (PlazaSalud24).
During the event held in Madrid today, the President of Vithas, Jorge Gallardo Piqué and the group's Managing Director, José Luis Pardo, presented Vithas' identity, key figures and strategic vision: a long-term healthcare project that pursues expanding and improving the existing healthcare provision while striving to maintain the highest quality, safety and comfort standards for the patient, without suffering from the pressure for immediate results.
Vithas plans to progressively incorporate new hospitals and specialist centres into its current network while maintaining its commitment of continued enhancement of infrastructures and technological facilities by reinvesting up to 7% of its annual revenue (i.e. approximately 15 million Euros per year).
Today's event was also attended by Tomás Muniesa, member of the Vithas Board on behalf of Criteria CaixaHolding, and by Pilar Farjas, General Secretary of Health and Consumer Affairs.
Vithas' key figures
- A network of 10 hospitals
- A procurement platform acting as a central purchasing unit for pharmaceuticals, implants, disposables and equipment for the Vithas group and other healthcare providers: PlazaSalud24
- 1.5 million patients attended every year
- Over 300,000 A&Es2
- Over 3,100 healthcare professionals, including approximately 1,200 medical doctors
- Over 100,000 metres3 dedicated to the provision healthcare services
- Over 1,000 beds
- Over 240 outpatient practices
- 60 operating rooms equipped with the most efficient technology
- Over 71,000 surgeries conducted every year3
- Total revenue of 196 million Euros3
Vithas' traits of identity: Stability and long term commitment
Vithas is solidly backed by the support and prospects of its current shareholders: Goodgrower and "la Caixa" Group.
In 2009, "la Caixa" Group inherited Adeslas' hospital network UMR through the acquisition of the insurance company. In 2011, Goodgrower, the investment vehicle of the Gallardo family, purchased 80% of UMR from "la Caixa" Group, who retains 20% of the shares.
Vithas combines the stability of its existing business and the vision of a long- term growth project. Geographic diversification will be one of the main growth drivers: the group plans to consolidate its national presence through organic growth and acquisitions, by incorporating new hospitals and specialist care centres.
Vithas' hospitals run a local management model that contributes to a global vision
Vithas currently is the third largest2 private hospital group in Spain. Each of its 10 hospitals is a centre of reference in its area of influence (Alicante, Almeria, Granada, Las Palmas de Gran Canaria, Lleida, Madrid, Malaga, Tenerife, Vigo and Vitoria- Gasteiz respectively), meeting the needs of its population: private patients, private medical insurance users, mutual insurance users and patients covered by collaboration agreements with the Spanish National Health System. Vithas believes in the excellence of healthcare provision in a system where public and private efforts work together for the benefit of society.
Vithas has one common commitment: taking care of people's health and wellbeing. To best serve this purpose, Vithas combines local management models, that provide access to the specific healthcare needs of each area, with an integrating group vision that ensures the quality of the services provided.
For patients, health professionals and society as a whole, this model is the best guarantee to generate value through the combination and alignment of efforts and the realization of synergies.
Under the umbrella of a group management that offers the benefits of a sizeable network and a diversified national presence through increased organization, investment and specialization capacities, Vithas' business philosophy fosters doctors' entrepreneurial spirit.
Vithas' 10 hospitals
|Name||City||Opening Year||Beds||Surgeries||ICU||Outpatient practices|
|Hospital Perpetuo Socorro||Alicante||1944||96||10||7||22|
|Hospital Virgen del Mar||Almería||1943‐1993||76||5||5||20|
|Hospital Nuestra Señora de la Salud||Granada||1923||79||6||5||14|
|Hospital Santa Catalina||Las Palmas de Gran Canaria||1930||184||5||7||34|
|Hospital Nuestra Señora de América||Madrid||1972||100||7||9||60|
|Hospital Parque San Antonio||Málaga||1962||100||9||7||22|
|Hospital Santa Cruz Santa Cruz||Tenerife||1960||86||2||5||7|
|Hospital Nuestra Señora de Fátima||Vigo||1963||200||10||7||24|
|Hospital San José||Vitoria‐Gasteiz||1970||63||5||4||56|
Vithas: Focused on Innovation
Vithas understands innovation as the creation of integrated multi-disciplinary solutions to meet specific patient group-related healthcare needs.
In the past years, the group has set up pioneer units for the comprehensive diagnosis and treatment of patients with traffic accident injuries, eating disorders, sports medicine needs and women's health / breast attention. Vithas currently runs more than 20 specialist units providing global solutions to patient groups with specific conditions.
Technology is essential to guarantee top quality healthcare service at each point of care. Vithas is continuously evaluating suitability and adopting technology advances that contribute to improve efficiency by saving time, increasing safety and guaranteeing quality of care for patients and employees.
Vithas' brand values
Vithas, a brand that seeks to communicate vitality, energy, positivity and nearness. A brand that links 10 hospitals. A logo that reflects the genuine spirit of the medical profession and the long-standing patient-oriented history of the group. A new, modern, and technology-flavoured typography that combines the elegantly classic nature of the hospital cross symbol with the innovative spirit of Vithas' approach to healthcare provision.
The motto "taking care of your health" communicates both humanity and excellence of care and underlines the core of Vithas' activity: healthcare.
Blue is a colour that has been historically associated with health and wellbeing, strengthening the message of continuity of the group's solid experience in the sector. It also suggests scientific and technical rigor and is commonly used to inspire serenity and stability.
For further information:
Duomo Comunicación-Vithas' Press Office
Myriam Rámila: firstname.lastname@example.org
Raquel Lumbreras: email@example.com
Telephones: + 34 91 311 92 89 / + 34 91 311 92 90
- Goodgrower is the investment vehicle of the Gallardo family through which it invests in business projects in the healthcare industry, specifically excluding biopharmaceuticals. The family has a long-standing experience in the pharmaceutical sector primarily due to its participation in Almirall.
- Fiscal year 2011 data.
- By revenue 2011. Excludes insurance-company owned hospitals groups. Source: DBK 2011.
Goodgrower moves into the hospital sector in partnership with "la Caixa" Group
- Goodgrower acquires 80% of "Grupo Hospitalario Adeslas" from "la Caixa" Group, which will retain a 20% holding.
- The agreement provides control of the ten private hospitals previously part of Adeslas, strategically located throughout Spain.
- Purchase will be completed during the third quarter of this year
Barcelona, 23 May 2011
The Goodgrower Group has signed a preliminary agreement with Criteria CaixaCorp to acquire 80% of Grupo Hospitalario Adeslas for approximately €190 million. With this deal, Goodgrower and "la Caixa" Group are putting in place a strategic alliance that will enable them to develop one of the leading independent hospital groups in Spain.
Grupo Hospitalario Adeslas includes ten private hospitals, which were bought by Criteria in June 2010 when it acquired Adeslas. In 2010, the hospital network managed 1,062 beds and generated revenues of €188 million. Grupo Hospitalario Adeslas is present in ten different provinces throughout Spain, where its hospitals are centers of reference in their respective influence areas.
For both parties, this long term strategic alliance aims to contribute to and strengthen the development of the independent private hospital sector, improving the service and quality provided to its customers.
Goodgrower is an investment group established in Barcelona in 2008. Its capital is privately held and its main activity is investing in European companies active in the healthcare sector. Its capital is fully subscribed by members of the Gallardo family, which provides the group with the backing of 60 years of extensive experience in the healthcare sector.
Prior to the transaction, Criteria will buy 100% of Grupo Hospitalario Adeslas from VidaCaixa Adeslas to subsequently sell 80% to Goodgrower, with "la Caixa" Group retaining a 20% stake. The deal is due to be completed in the third quarter of this year, once the customary authorizations for this kind of transaction have been obtained.