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NMC Opens New Super Speciality Hospital in UAE

24th Aug 2015 15:41

RNS Number : 9250W
NMC Health Plc
24 August 2015
 



 

24 August 2015

NMC OPENS NEW SUPER SPECIALITY HOSPITAL IN THE UAE

Drives expansion strategy within NMC's hub-and-spoke healthcare platform

NMC Health plc (LSE:NMC) ('NMC' or the 'Company'), the leading integrated private healthcare provider operating across the United Arab Emirates ('UAE') and one of the top global providers of fertility treatments through its Spanish subsidiary Clinica Eugin, is pleased to announce the opening of its newest super speciality hospital, located in the Khalifa area of Abu Dhabi City.

This new facility, which is called the NMC Royal Hospital, has 250 beds and will now open for initial outpatient services on 1 September 2015. Inpatient services are expected to commence before the end of 2015.

This super specialty hospital will act as the central hospital within NMC's hub-and-spoke healthcare platform and be a regional referral point for best-in-class medical treatment to the growing population of the UAE and NMC's rapidly expanding patient population. This hospital will also serve the growing residential and commercial areas in its immediate proximity including Abu Dhabi's Khalifa area, Al Raha, Mussafah, Mohammed bin Zayed City, Masdar City, Abu Dhabi International Airport, Shahama and Yas Island.

The Khalifa City hospital will be NMC's 7th and largest integrated specialty hospital facility in the UAE, alongside its existing specialty hospitals in Abu Dhabi, Dubai and Al Ain. In addition, NMC operates a hospital on behalf of the UAE government. NMC has expanded rapidly since its IPO on the London Stock Exchange in 2012, opening three hospitals in the last 12 months including the 100-bed Brightpoint Royal Women's Hospital in Abu Dhabi and a 60-bed hospital in Dubai Investment Park in addition to NMC Royal Hospital. NMC has also expanded its offering along the care pathway in the UAE with the acquisition of Dr Sunny Healthcare Group in Sharjah, ProVita, which offers long-term care and Americare Group, the fast-growing, UAE-based home care service provider.

NMC's newest hospital brings the total license bed capacity available to the Group to 855 beds and will specialise in 25 medical fields. The 75,000 square metre hospital will eventually employ over 800 people.

Dr. B.R. Shetty, Executive Vice-Chairman and Chief Executive Officer of NMC Health, commented:

"This new super speciality facility, in tandem with our recent acquisitions, consolidates NMC's market positioning as a dynamic and growing healthcare brand offering optimal healthcare solutions to our patients through both our domestic and international assets".

- ENDS -

 

Enquiries:

 

Media:

 

FTI Consulting, London

 

Matthew Cole

 

+44 (0)20 3727 1101

 

 FTI Consulting, Gulf

 

Shane Dolan

 

+971 (0)4 437 2100

 

About NMC

 

NMC Health plc group is the leading private sector healthcare operator in the United Arab Emirates, with a nation-wide network of hospitals and operations in the country since 1975. The Healthcare Division currently operates or manages eight hospitals, two day-care patient centres, nine medical centres and fifteen pharmacies. In addition, the Group owns and operates Clinica Eugin in Barcelona, Spain - one of the leading fertility treatment centres globally. NMC also owns and operates Americare Group, the leading home care provider in the UAE. The enlarged company received almost 2.8m patients in 2014.The group also operates a significant UAE wide Distribution business supplying product lines across several key market segments, including: Pharmaceutical, FMCG, Food and Scientific and Medical Equipment. NMC Health plc group reported revenues of US$ 644m in 2014.

In April 2012 NMC Health plc was listed on the Premium Segment of the London Stock Exchange. At the time of its IPO, the group raised funds to enable it to pursue a further growth plan with a number of capital projects for new healthcare facilities in Abu Dhabi and Dubai. NMC Health plc is a constituent of the FTSE 250 Index.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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