Mubadala Health, the integrated health network of Mubadala Investment Company and Mumtalakat Holding Company, the sovereign wealth fund of Bahrain are exploring a potential joint venture to set up a long-term care and post-acute rehabilitation facility that will be operated by Amana Healthcare.
The services which will be offered within a specialised facility will alleviate the pressure on the healthcare system by freeing up bed capacity in acute hospitals in Bahrain.
“Our strategic collaboration with Mubadala Health is promising as we share the same level of commitment to building long-term, sustainable partnerships that are aligned with the investment principles and values of our respective organisations,” said Khalid Al Rumaihi, Chief Executive Officer of Mumtalakat.
“We are committed to investing in Bahrain and supporting the economic growth in the kingdom by focusing on key economic sectors including healthcare. Our collaboration with Mubadala Health allows us to explore developing a key healthcare facility that will address a gap and add value to the current Bahrain healthcare ecosystem,” he added.
“The collaboration will bring Mubadala Health closer in achieving its vision of transforming the regional healthcare landscape. Providing high-quality care to our patients is at the core of everything we do. It is, therefore, a privilege to have the opportunity to share and provide our expertise and knowledge to patients in the wider region, and who are currently underserved in this field,” Hasan Al Nowais, Chief Executive Officer of Mubadala Health.
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