GE Healthcare, Saudi Anfas ink SAR 113 mln partnership

Saudi Arabia’s Anfas Medical Care (AMC) and GE Healthcare have signed a SAR 113 million partnership agreement supporting AMC’s new 120-bed specialty facility, according to a statement.

The Riyadh-based facility, which will be powered by GE, will be based in Riyadh and is set to open in 2018 in collaboration with Houston Methodist Hospitals. It will cater to chronic pulmonary patients requiring long-term rehabilitation and intensive care.  

GE will extend technology and advisory services, while for AMC this long-term partnership will allow them to leverage the appropriate GE capabilities needed to reach their strategic operational, clinical, and financial goals.

The partnership contributes to the goals of Saudi Vision 2030 and the National Transformation Plan aimed at increasing private sector contribution to the total healthcare sector spending to 35 percent in 2020 from the current 25 percent.

AMC recently launched the Healthcare Village in Jeddah, which includes Dallah Albaraka as the strategic partner, Aldukheil Financial Group as the financial advisor and AMI Saudi Arabia Ltd. as the local operations partner on the development.