Competition Authority of Kenya (CAK) has granted shareholding changes at the Nairobi Women’s Hospital (NWH), in a process initiated two months ago.
The go ahead will now see Dr. Samuel Maina Thenya, the Founder and Group Chief Executive Officer of Nairobi Women’s Hospital (“NWH”), acquire the Evercare Health Fund’s majority shareholding of the hospital.
In a statement, the hospital expects the closing of the acquisition to take place within the third quarter of 2023. Upon close, this move enables Dr. Thenya to further increase his current shareholding and assume full ownership of the NWH Group after a successful period of growth and partnership with Evercare.
“As a community-centric provider, it is critical for NWH’s success to have continuity in the hospital’s new ownership. I am grateful for Evercare’s support over the years – I believe we are on a strong trajectory, and I look forward to continuing that momentum into the future,” said Sam Thenya, Founder of Nairobi Women’s Hospital.
The Nairobi Women’s Hospital is a 726-bed hospital Group serving over 365,000 outpatients and 120,000 inpatient customers annually. For more than 22 years, the hospital has provided accessible care to all patients of all ages and genders across Kenya.
NWH’s healthcare accessibility mission is characterized by providing a broad and growing set of services at cost-competitive prices, particularly in communities that have limited options for critical care. The Group also comprises NWH College, which has over 1000 students, and the Gender Violence Recovery Centre that provides free services to survivors of Gender Based Violence.
Throughout Evercare’s investment, the Group increased the scope of services offered across NWH, implemented processes and procedures to protect patients’ rights, increased training and retention of doctors, nurses, and visiting consultants within the Kenyan market, and strengthened NWH’s role as a trusted provider of free medical services to survivors of gender-based violence.
PRIVATE HEALTHCARE SECTOR IN KENYA
The private healthcare sector in Kenya is a prominent contributor to healthcare outcomes in the country. The private healthcare system in Kenya provides 52 per cent of all healthcare services and will continue to play a bigger role in the future. Providing medical services in traditionally underserved communities helps alleviate the burden on local healthcare systems through preventative care.
Channelling private sector funding toward the healthcare sector is therefore key to filling in gaps, especially among traditionally underserved communities.
Under Dr. Thenya’s ownership, NWH expects to bring in additional investors to drive further growth and development of the Hospital network and its Gender Violence Recovery Centres.
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