Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund will bring six of its fully-owned UAE-based medical assets into an integrated network to provide specialized care.
The integrated network, Mubadala Health is formed with an aim to improve the experience of those patients seeking innovative solutions by increasing collaboration across the sector and establishing global partnerships.
The healthcare network of the state-owned holding company will encompass Abu Dhabi Telemedicine Centre (ADTC), Amana Healthcare, Capital Health Screening Centre (CHSC), Healthpoint, Imperial College London Diabetes Centre (ICLDC) and the National Reference Laboratory (NRL). In addition, Cleveland Clinic Abu Dhabi will remain an integral part of the network and collectively the organizations will address some of the most vital health and diagnostic issues in the region.
Hasan Jasem Al Nowais is appointed as the chief executive of Mubadala Health and will direct a diverse team of clinical and non-clinical caregivers across the network.
Mubadala Health’s launch comes at a time when the world is fighting the COVID-19 and during one of the most challenging years for regional and global healthcare. The global health crisis has led to the acceleration of solutions in the areas of telemedicine, health screening and lab testing.
“Through our vision to transform the regional healthcare landscape, Mubadala Health enables all members of our community to consistently receive the highest standard of care and the best possible patient experience across the network. The network’s leadership team brings entrepreneurial energy and focus on the healthcare sector. We will optimize our resources and increase efficiencies with our partners to deliver value-based healthcare.”
Mubadala Health will address health and diagnostic areas including long-term care and rehabilitation, telemedicine and corporate medical screening, treatment of chronic diseases, comprehensive lab and testing services, and specialties such as endocrinology, orthopedics, cardiology, neurology, dentistry and digestive diseases.
The integrated health network is also developing various training and education programs for Emirati caregivers to contribute to the sustainability of the country’s healthcare sector. Collaboration with industry partners and leading educational institutions will allow Mubadala Health to deliver new treatments and regional firsts in patient care.
Mubadala Health is comprised of 13 centers of expertise, with more developments to come in this year. The six assets will employ over 3,800 staff, including UAE nationals. It will have more than 25 regional and international accreditations across the network, including Joint Commission International (JCI), College of American Pathologists, and Commission on Accreditation of Rehabilitation Facilities (CARF).
Mubadala Health’s partners include Imperial College London, Medgate, and Wooridul Spine Centre, alongside Cleveland Clinic Foundation in relation to Cleveland Clinic Abu Dhabi.