UAE’s leading investment firm and a subsidiary of International Holding Company (IHC), Alpha Dhabi Holding (ADH) has signed an agreement with state holding company ADQ to create the largest healthcare provider in the Emirates through its subsidiary Pure Health Medical Supplies.
As part of the deal, Abu Dhabi Health Services Company (SEHA), and The National Health Insurance Company (Daman) will merge into Pure Health.
According to the statement, “Tamouh Healthcare, Yas Clinic Group, and the Abu Dhabi Stem Cell Center will also join Pure Health, which already offers a diverse range of services such as hospital administration, laboratory services, medical supplies, and healthcare informatics.”
“Pure Health will be instrumental in transforming the provision of healthcare as we consolidate several companies into the platform. We are further driving efficiencies to establish the UAE’s largest healthcare network, underpinned by clinical excellence, through elevated services, optimized healthcare spends and improved efficiencies across the value chain. Combining the strength of clinical powerhouses and the UAE’s leading health insurer will develop a scalable healthcare platform for growth.”
Pure Health’s integrated healthcare ecosystem will make a substantial contribution to the UAE’s healthcare environment and help the country achieve its goal of improving citizens’ and residents’ health and well-being. Patients will benefit from having more clinical expertise and healthcare services available across the board.
ADQ will become the largest shareholder in Pure Health and other shareholders include Alpha Dhabi Holding, International Holding Company (IHC), AH Capital, and Ataa Financial Investments. The deal is subject to standard closing conditions, which include regulatory approvals, as per the reports.
“This unique eco-system, with a keen focus on combining technology with healthcare, creates a scalable platform for international growth, driving recognition and value for the nation and our investors. Going forward, Pure Health will actively seek expansion opportunities globally to further diversify its portfolio and leverage its success in the UAE,” said Mr. Mohamed Thani Murshed Al Rumaithi, Chairman of Alpha Dhabi Holding.