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HOSPITAL operator ParkwayHealth - part of Parkway Holdings - is making its first foray into the Middle East with a deal to manage a hospital to be built in Abu Dhabi in the United Arab Emirates.
ParkwayHealth has signed an agreement with United Eastern Medical Services (UEM), which is developing the US$200 million (S$290 million) Danat Al Emarat Women and Children's Hospital.
The Singapore company will provide clinical development and hospital management services. Parkway Holdings' chief executive Lim Cheok Peng said: "The Middle Eastern market is expected to experience strong growth in the coming years and Danat
Al Emarat will be a key milestone in ParkwayHealth's vision to be the global leader in value-based integrated health care," he said.
Dr Lim declined to disclose how much the contract was worth, but said that the firm was "happy to receive that amount".
UEM chief executive Mohammed Ali Al Shorafa said: "We selected ParkwayHealth to manage Danat Al Emarat for their international prominence in delivering quality clinical outcomes especially within women's and children's health."
The Danat Al Emarat, which is Arabic for "Pearl of the Emirates", is slated to be completed by late 2011 or early 2012.
The hospital is expected to oversee the delivery of more than 8,000 babies each year.
It will feature facilities such as a spa and wellness centre, a 100-seat auditorium and classrooms for parenting classes.
Two senior management staff from ParkwayHealth will be seconded to fill roles of chief executive officer and director of nursing, but it has not been confirmed who they will be.
Dr Lim said: "In order to ensure adoption of international standards and best practices, there will be a high degree of interaction and exchange between Danat Al Emarat and ParkwayHealth."
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