Fakeeh Healthcare Group has completed the acquisition of Dr. Mohamed bin Rashid Fakeeh and Partners Company, the owner of Dr. Mohamed 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 growth and expansion strategy adopted by the group, which has seen in recent years the opening of Dr. Sulaiman Fakeeh Hospital in Riyadh and Dr. Sulaiman Fakeeh Hospital in Madinah, in addition to continuing to develop medical services and achieving many qualitative achievements at Dr. Sulaiman Fakeeh Hospital in Jeddah.

Dr. Mohamed Fakeeh Hospital adds to the group's network an integrated healthcare facility with a capacity of approximately 350 beds, more than 12 operating rooms, in addition to an independent outpatient building housing 192 clinics across 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 bed capacity of Fakeeh Healthcare Group hospitals has risen to 1,185 beds across the Kingdom, while the group's clinical capacity in Riyadh has increased to approximately 535 beds, enhancing its ability to meet the growing demand for healthcare services in the capital and expanding the scope of its integrated medical services.

The hospital also enjoys a broad network of insurance coverage, which enhances the group's access to a larger segment of beneficiaries and expands its services to include diverse patient categories, supporting its strategy of providing advanced and 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 distinguished capabilities of Dr. Mohamed 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 goals of Saudi Vision 2030.'

The integration of the hospital into the Fakeeh Healthcare Group system is expected to contribute to achieving operational integration among its facilities, improving service efficiency, and enhancing the utilization of medical expertise and modern technologies, positively impacting the quality of healthcare 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 its operational capacity, and enhancing the healthcare system it provides, in line with the growing demand for health services and contributing to the goals 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