Fakeeh Healthcare Group has completed the acquisition of Dr. Mohammed bin Rashed Fakeeh and Partners Company, which owns Dr. Mohammed Fakeeh Hospital located east of Riyadh on King Abdullah Road, in a strategic step that strengthens the group's presence in the capital and expands its healthcare network in the Kingdom.

This acquisition is an extension of the group's growth and expansion strategy, which in recent years has seen the opening of Dr. Suleiman Fakeeh Hospital in Riyadh and Dr. Suleiman Fakeeh Hospital in Madinah, in addition to continuing to develop medical services and achieving many qualitative achievements at Dr. Suleiman Fakeeh Hospital in Jeddah.

Dr. Mohammed Fakeeh Hospital adds to the group's network an integrated healthcare facility with a capacity of nearly 350 beds, more than 12 operating rooms, in addition to a separate outpatient building housing 192 clinics in various medical specialties, as well as surgery, intensive care, emergency, a specialized center for obstetrics and gynecology and cardiovascular diseases, and an orthopedic surgery center.

With the completion of this acquisition, the total bed capacity of Fakeeh Healthcare Group's hospitals has increased to 1,185 beds nationwide, while the group's clinical capacity in Riyadh has risen to approximately 535 beds, enhancing its ability to meet the growing demand for healthcare services in the capital and expanding its range of integrated medical services.

The hospital also has a wide network of insurance coverage, which enhances the group's access to a larger segment of beneficiaries and expands its services to include diverse patient groups, supporting its strategy to provide advanced, high-quality healthcare services to all members of society.

On this occasion, Dr. Mazen Fakeeh, Chairman of Fakeeh Healthcare Group, said: 'This acquisition represents a new strategic milestone in the group's growth journey and reflects our commitment to continuing investment in developing the healthcare system in the Kingdom. We look forward to leveraging the outstanding capabilities of Dr. Mohammed Fakeeh Hospital to enhance the integration of our services, expand our reach to patients, and provide integrated healthcare according to the highest quality standards, in line with the objectives of Saudi Vision 2030.'

The integration of the hospital into the Fakeeh Healthcare Group's system is expected to achieve operational integration among its facilities, improve service efficiency, and enhance the utilization of medical expertise and modern technologies, positively impacting healthcare quality and patient experience.

This acquisition reflects Fakeeh Healthcare Group's commitment to continuing investment in developing the health sector in the Kingdom, by expanding its services, increasing operational capacity, and enhancing the healthcare system it provides, in line with the growing demand for health services and contributing to the objectives of Saudi Vision 2030 aimed at improving the quality of health services, increasing private sector participation, and enhancing patient experience.

Source: https://bit.ly/4vNdNMm