CNMC Approves Acquisition of Centro Médico El Carmen by Hospitales Cosaga with Multiple Commitments
The CNMC has approved the purchase of Centro Médico El Carmen by Hospitales Cosaga, with commitments aimed at ensuring quality healthcare services, preventing price increases, and maintaining competition in Orense.
17.04.2024 | Portuguese competition authority
The CNMC has approved the acquisition of Centro Médico El Carmen by Hospitales Cosaga in Orense, subject to commitments aimed at improving service quality, preventing price increases, and ensuring access for competitors. The CNMC will monitor compliance with these commitments for five years.
Following the transaction, Cosaga will be the sole provider of inpatient healthcare services in Orense, leading to concerns about quality deterioration, price hikes, and restricted access for competitors. The risks identified affect various markets, including private healthcare provision for both private and public patients, and the rental of inpatient facilities.
The commitments presented by Cosaga include measures to maintain service quality, collaborate with the public health system, implement quality indicators, retain current certifications, invest in healthcare improvement, and uphold the existing range of services and medical staff. Additionally, Cosaga will report annually on price developments and maintain relationships with healthcare professionals renting spaces in their facilities.