Fakieh Healthcare Group has completed the acquisition of Dr. Mohammed bin Rashed Al-Fakieh and Partners Company, the owner of Dr. Mohammed Al-Fakieh 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 in recent years seen the opening of Dr. Suleiman Fakieh Hospital in Riyadh and Dr. Suleiman Fakieh Hospital in Madinah, in addition to continuing to develop medical services and achieving many qualitative accomplishments at Dr. Suleiman Fakieh Hospital in Jeddah.

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

With this acquisition, the bed capacity of Fakieh Healthcare Group's hospitals has increased to 1,185 beds across the Kingdom, 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 an extensive 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 of providing advanced, high-quality healthcare services to all members of society.

On this occasion, Dr. Mazen Fakieh, Chairman of Fakieh Healthcare Group, said: 'This acquisition represents a new strategic milestone in the group's growth journey and reflects our commitment to continued investment in developing the healthcare system in the Kingdom. We look forward to leveraging the outstanding capabilities of Dr. Mohammed Al-Fakieh 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 Fakieh 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 the quality of healthcare and patient experience.

This acquisition reflects Fakieh Healthcare Group's commitment to continued 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, which aims to improve the quality of health services, increase private sector participation, and enhance patient experience.