ADQ to create UAE’s largest healthcare platform

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ADQ, one of the largest holding companies in the region, has reached an agreement to consolidate several companies within Pure Health, creating the largest healthcare provider in the UAE.
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Abu Dhabi: ADQ, one of the largest holding companies in the region with a large portfolio of large companies in Abu Dhabi, on Wednesday reached an agreement to consolidate several companies within Pure Health, creating the largest supplier of United Arab Emirates health care.

As part of the deal, Abu Dhabi Health Services Company (SEHA) and The National Health Insurance Company PJSC (Daman) will merge into Pure Health.

“Pure Health will play a pivotal role in transforming the healthcare offering as we consolidate multiple companies into the platform. We are further improving efficiency to establish the UAE’s largest healthcare network, underpinned by clinical excellence, through high services, optimized healthcare spending and efficiency gains across the board. value chain. The combination of the strength of the clinical powerhouses and the UAE’s leading health insurer will develop a scalable healthcare platform for growth, ”said Mohamed Hassan Alsuwaidi, Chairman and CEO of ADQ.

In addition, Tamouh Healthcare, Yas Clinic Group and Abu Dhabi Stem Cell Center will also be part of Pure Health, which already has a diverse service portfolio of hospital management, laboratory services, medical supplies and health IT. .

Pure Health’s integrated healthcare ecosystem will significantly contribute to the UAE healthcare landscape and fulfill the country’s mission to improve the health and well-being of citizens and residents. Patients will benefit from access to greater clinical expertise and health services across the spectrum of care.

“This unique ecosystem, focused on the combination of technology and healthcare, creates a scalable platform for international growth, fostering recognition and value for the nation and our investors. Going forward, Pure Health will actively seek opportunities for global expansion to further diversify its portfolio and build on its success in the United Arab Emirates, ”said Mohamed Thani Murshed Al Rumaithi, President of Alpha Dhabi Holding .

ADQ will become the largest shareholder of Pure Health; other shareholders include Alpha Dhabi Holding, International Holding Company (IHC), AH Capital and Ataa Financial Investments.

“Pure Health remains committed to providing convenient, accessible and transparent health care as we become the largest integrated health services platform in the UAE. We believe healthcare is too important to stay the same. Our north star is to enable greater longevity for humanity, and we will constantly work towards a healthier and longer life for the UAE, ”said Farhan Malik, Managing Director and CEO of Pure Health.

The transaction is subject to customary closing conditions, including regulatory approvals.

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