GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share
  • Foundation Holdings has consolidated a transaction to acquire and launch a new organization, Right Health 
  • Services approximately 450,000 patients with over 200 medical and administrative staff
  • Aims to touch over one million lives by 2022
Dubai-UAE: 22 January, 2018 –  Foundation Holdings, a global strategic investment firm focused on building sustainable industry-defining companies in the impactful healthcare, education and consumer sectors, today announced the launch of Right Health, the UAE's largest and fastest-growing value healthcare organization.
 
Right Health has been established through the acquisition and integration of 31 existing medical and health service providers, including facilities under Ruby Clinic and Group Companies (RCGC), Class Medical Centre (CMC) as well as BioHealth Diagnostic Center (BH). Right Health includes a range of clinics, pharmacies, diagnostic centers and a drug store, that are already operational and serve a combined total of approximately 450,000 patients. Additionally, it also already conducts 150,000 lab tests annually and has over 200 medical and administrative staff on its rolls.
 
In line with the vital objective of the National Agenda of the UAE Vision 2021 to establish a world-class healthcare system accessible to all, Right Health aims to become the premier provider of quality and affordable healthcare delivered at the doorstep of the working-class population. The formula of targeted, smaller healthcare centers/clinics in strategic locations will allow Right Health to provide affordable and quality healthcare, accessible to a broader population, including lower-income patients and those living in areas under-served by tertiary hospitals.
 
Speaking about the core purpose behind Right Health, Abhishek Sharma, CEO of Foundation Holdings, said: “We are in the golden age of healthcare. The ground-breaking Right Health launch is an exciting new chapter for Foundation Holdings. High quality, affordable healthcare for a value conscious audience is one of the most pressing needs of the UAE. Our vision with Right Health is to reimagine the way healthcare is delivered to the working-class population and our plan for Right Health is to increase its geographical footprint to 51 facilities that can contribute to improving over a million lives by 2022.”
 
He added: “Right Health aims to be a key partner, helping business owners and key stakeholders including the insurance companies stay ahead of the curve by offering greater value for the patients and customers and improved health outcome for the entire population.”
 
For his part, Dr Sanjay Paithankar, Managing Director of Right Health and previously Founder of Ruby Clinic and Group Companies, said: “Right Health is committed to transforming the overall value healthcare experience and fulfilling the critical objective of delivering exceptional and affordable patient care. By reducing waste in healthcare systems, we will free up funds for interventions that deliver value by improving patient outcomes. As we commence this new journey, we look forward to leveraging Foundation Holdings' in-depth knowledge of the healthcare sector, its strong track record in enhancing organizational efficiencies and access to superior global technology and digital solutions.”
 
The UAE's healthcare market is estimated to be valued at US$17 billion and is expected to grow at a rate of 11% per annum. Driven by a growing younger population and a favorable government policy, the launch comes at a critical time for the expanding healthcare sector. Potential growth in Dubai alone, from the implementation of mandatory health insurance is estimated to contribute additional revenue of AED2 billion per annum to the sector by 2018.
 
Right Health's medical centers and clinics are located in areas with a captive patient population and high footfalls. They therefore serve as a one-stop shop with diverse specializations and revenue streams across outpatient, pharmacy, radiology, and laboratory services.



Posted by : GoDubai Editorial Team
Viewed 12889 times
Posted on : Monday, January 22, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Dubai Health Authority announces launch of the 1st Dubai International Medical Tourism Forum.
Next Story : Diabetes can be asymptomatic, screening is vital
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Global brands with lowest cost at Karama Ware house sale from this Thursday
Glam's Makeup Launches in the Middle East
Review: Facial with Dr Renaud's range at Nazih
Glasshouse Collection from Olivia Burton
Hour Choice presents Coach New York Collection
Prevention, Not Cure: Kaya's ‘Hair Strength Therapies' Set to Rid the Gulf of it...
Matthew Fitzpatrick Wins the 2018 Omega European Masters
Executive Tourbillon Free Wheel
Introducing New Make-up From Rodial That You Need In Your Kit
Australia's Number No.1 Natural Skincare Brand* Partners With Jessica Kahawaty
Rado reimagines a bold 1960s classic for the 21st Century
Scuderia Ferrari presents Fall winter collection
Kate Spade New York Presents Debut Collection From Creative Director Nicola Gla...
Introducing VK Beauty Lounge & Bar
Alina Anwar Couture Launches in UAE
Introducing Home Fragrance at Robinsons, Dubai Festival City
Rolls-Royce Motor Cars Takes the Luxury of Privacy to a New Level
Tata Communications Strengthens Cyber Defence in the Middle East with the Launch...
British Classics Make a Comeback in Jack Wills AW18 Collections
Facebook Launches Community Help on Facebook Lite
Bring a Touch of Sophistication to Your Home with The Exclusive SmegXDolce&Gabba...
Dubai Culture Organises ‘Writing Literature Novels and Editing them as Play Scri...
NARS Erdem SS19 Beauty Report
Roberto Cavalli's Exclusive Duo of Fragrances
Defying Age With Skin Republic's Gold and Platinum Face Masks
Diana Arno Expands Online Shopping to Middle East
‘Unseen Potential' - Art from Scrap and Discarded Parts
Ferrari World Abu Dhabi invites guests to enjoy the spectacular Friends & Family...
CNN's Inside the Middle East explores the region's evolving photography scene
New Google Search feature launches for job-seekers in Arab world
Honda voted “Preferred Sedan Car Brand of the Year” for the fourth year in a row
Lacoste.12.12 Collection
Trevor Sorbie Range Relaunches in the UAE
The Future Is Here
Al-Futtaim Toyota's Upgrade campaign brings back the hottest car deals
Al-Futtaim Toyota swoops another win at the Filipino Times Awards
Sheikh Zayed, the First Falconer and Nature Protector
Your skin needs more than just sunscreen
UHOA goes live with #YouBeUganda at Expo 2018
PAN Emirates bedroom festival with discount up to 70%
William Collection by Hugo Boss
Carl F. Bucherer Celebrates Debut of Its Online Boutique on Jd.Com Launch of Lim...
Mousses Etoiles to reveal the latest luxury designs of commercial-use outdoor fu...
Why the Modern-Day Oil and Gas Industry Needs Millennials to Survive?
Afghanistan Premium League T20 (APLT20) Draft 2018
Al-Futtaim ACE DIY and Home Security promotion
MEAF gets the UAE community involved to commemorate World Arthritis Day
Harmony and Sustainability Define Ideal Standard's ‘Esedra' Ceramic Bathroom Col...
Tata Communications launches a specialised cyber security lab at Shanmugha Arts,...
Akamai Unveils Solutions at IBC 2018 Designed to Mitigate the Challenges and Cos...