ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, has entered into an agreement to consolidate several companies within Pure Health, creating the largest healthcare provider in the UAE.

 

A major entity in the region, Pure Health has a diversified services portfolio of hospital management, laboratory services, medical supplies and healthcare informatics.

 

As part of the agreement, Abu Dhabi Health Services Company (Seha), and The National Health Insurance Company (Daman) will merge into Pure Health. 

 

With this move, ADQ will become the largest shareholder in Pure Health; other shareholders include Alpha Dhabi Holding, International Holding Company (IHC), AH Capital and Ataa Financial Investments.

 

Additionally, Tamouh Healthcare, Yas Clinic Group and Abu Dhabi Stem Cell Center will also become a part of Pure Health.

 

Pure Health’s integrated healthcare ecosystem will significantly contribute to the UAE’s healthcare landscape and deliver on the country’s mission to elevate the health and wellbeing of citizens and residents. Patients will benefit from access to greater clinical expertise and healthcare services across the spectrum of care.

 

On the new venture, CEO Mohamed Hassan Alsuwaidi said: "Pure Health will be instrumental in transforming the provision of healthcare as we consolidate several companies into the platform. We at ADQ are further driving efficiencies to establish the UAE’s largest healthcare network, underpinned by clinical excellence, through elevated services, optimised healthcare spend and improved efficiencies across the value chain."

 

"Combining the strength of clinical powerhouses and the UAE’s leading health insurer will develop a scalable healthcare platform for growth," he added.

 

Alpha Dhabi Holding Chairman Mohamed Thani Murshed Al Rumaithi said: "This unique eco-system, with a keen focus on combining technology with healthcare, creates a scalable platform for international growth, driving recognition and value for the nation and our investors."

 

"Going forward, Pure Health will actively seek expansion opportunities globally to further diversify its portfolio and leverage its success in the UAE," he added.