A portfolio of four well-known brands targeting the entire socio-economic spectrum, and creating a favourable negotiating position with insurance payers
Well invested network (AED 4.3bn total capex from inception) spanning 67 medical assets, including hospitals, medical centers and pharmacies
Strong investment in manpower has seen our team of clinically skilled and board-certified doctors grow by 53% since 2019 to 1,444 doctors
Significant utilization headroom (56% bed occupancy) across a solid mid-high growth asset mix (80%) with a focus on increasing utilization in areas of high-yielding complex care
Strong opportunity to ramp up utilization with superior patient yields at Burjeel Medical City
First mover and leading center in UAE for complex care, with transplant medicine, complex surgery, advanced oncology and other complex segments driving its patient yields growth (+9% ARR CAGR 2019-22)
Investing in healthcare partnerships to expand our complex service offering in the UAE in conjunction with internationally renowned providers
Digital health and digital transformation are key areas of investment across our network to optimize patient experience and maximize operational efficiencies
Our recently launched Patient Digital Channel continues to gain traction and now has 13% of total appointments
Track record of strong financial performance and consistent growth, driven by the ramp-up of newly launched assets and supported by a focus on treating a higher-yielding patient mix in addition to cost optimization
Revenue CAGR of 17% over the past four years (FY 19-22), with impressive EBITDA CAGR (FY 19-22) of 28% and EBITDA margin expansion to 22% in FY 22
Robust margin expansion drivers coupled with compelling asset economics and strict capital discipline resulted in strong free cash flow generation capabilities (50% for H1 23)
High quality management team with a wealth of industry experience (190+ total years’ experience) and a board that is 70% composed of independent non-executive directors
ESG principles serve as a fundamental foundation for sustainable growth and a crucial enabler of excellent patient outcomes, shareholder value and partnerships, opening potential commercial opportunities
Strong commitment to developing and implementing our long-term ESG strategy along with onboarding ESG ratings
