Abu Dhabi’s ADQ transfers possession of Rafed and Union71 to Pure Well being

One of many GCC’s largest holding firms has transferred possession of its healthcare help service entities to Pure Well being, it has been introduced.

Abu Dhabi’s ADQ – an asset proprietor and investor, with direct and oblique investments in additional than 90 firms all over the world – has agreed to merge each Rafed and Union71 inside Pure Well being. Based mostly within the United Arab Emirates (UAE), Pure Well being is an built-in healthcare options supplier with a diversified providers portfolio of hospital administration, laboratory providers and medical provides. 

It’s hoped that the merger of Rafed and Union71 inside Pure Well being will “create a sturdy and synergetic healthcare organisation, thereby elevating the UAE’s world place as a frontrunner in healthcare,” ADQ acknowledged.

Below the brand new settlement, ADQ “will obtain a stake within the new end-to-end healthcare providers chief offering hospital administration, medical screening, lab testing and healthcare procurement,” it continued in its assertion. “The corporate shall be effectively positioned to serve hospitals, built-in healthcare methods, healthcare suppliers, the federal authorities, and others throughout the spectrum of care all through the UAE,” the corporate concluded.

“By merging Rafed and Union71 inside Pure Well being, we proceed advancing ADQ’s technique to develop a provision-centred healthcare and pharma cluster that delivers medical excellence, optimum healthcare system spend and efficient inhabitants well being administration within the UAE,” stated ADQ CEO, Mohamed Hassan Alsuwaidi. “This transaction gives a novel alternative to create a platform for healthcare help providers with larger scale and additional synergies in delivering dependable and revolutionary medical screening and lab testing, medical gear distribution and group buying organisation providers.” 

He continued: “As Rafed and Union71 put together to develop past servicing Abu Dhabi Well being Providers Firm [SEHA], their merger inside Pure Well being will enable for greater quantity throughput throughout a broader repertoire of exams and value-driven, centralised healthcare procurement providers that can service the wants of healthcare suppliers in Abu Dhabi, Dubai and the Northern Emirates.”

THE LARGER CONTEXT

As the biggest laboratory operator within the GCC area, Pure Well being manages a community of hospitals, medical visa screening providers and 120 laboratories within the UAE alone. The corporate – which is rising in direction of turning into “a healthcare help providers chief” – is at present increasing its providers to incorporate radiology, dialysis, and income cycle administration providers. 

Rafed is a healthcare procurement system that covers provider sourcing and contract administration, procurement ordering providers, warehousing, and distribution. In keeping with ADQ, it was first shaped so as to “guarantee the supply and high quality of important items and providers to Abu Dhabi’s healthcare sector, which embody prescription drugs, gear, diagnostics and consumables.”

Union71, in the meantime, specialises in “supporting medical workflow by means of well timed, correct and high quality information,” due to “lab testing capabilities, sub-specialty advisor pathologists, skilled technologists and gear that isn’t available in different labs within the area.”

ON THE RECORD

“Pure Well being has change into one of many largest healthcare contributors within the UAE, demonstrated by means of our dedication to excellence and enhancing the standard of care and affected person expertise within the UAE,” stated Pure Well being CEO, Farhan Malik. “As a longtime lab operator, and now a trusted healthcare companion in hospital administration, we’re happy and excited to be broadening our providers portfolio beneath the brand new merger with Rafed and Union71. We’re assured that ADQ’s giant healthcare and pharmaceutical portfolio and entry to the Abu Dhabi healthcare market will develop our operations and attain throughout the UAE healthcare ecosystem.

He added: “Persons are on the coronary heart of what we do, and at Pure Well being we’re on a journey to make healthcare environment friendly by making folks dwell more healthy by means of inhabitants well being administration, the place Pure Well being will play a key position in preventive well being care by means of early diagnostics, personalised medication, empowered by healthcare informatics and digital intelligence.”

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