The family behind a hospital empire in Spain
HM Hospitales is already a benchmark in the Spanish private healthcare sector with 55 care centers. The company is planning new hospitals in Madrid and Málaga, and assures that this is just the beginning.
HM Hospitales was founded in 1989 by Juan Abarca and Carmen Cidón, two medical students who met while studying in Salamanca. The company's first hospital, then called Hospital de Madrid, was established in the old Hospital de San Pedro. Today, HM Hospitales has grown into a network of 55 healthcare centers, including 25 hospitals, across several regions in Spain, employing nearly 8,000 people, including 5,000 doctors, and treating around 1 million patients annually.
The company, led by the Abarca Cidón brothers, Juan, Elena, and Alejandro, reported revenues of 806 million euros last year and expects to reach 900 million euros this year and over 1,000 million euros by 2027-2028. The company is planning further expansion, including a new hospital in Vélez, Málaga, and potentially another in a new urban development in southeast Madrid.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
