HOSPITALS
IN 2016 , SAUDI Arabia launched its Saudi Vision 2030 in a bid to diversify its sources of revenue and lessen its reliance on oil . Central to the country ’ s National Transformation Programme 2020 ( NTP ) is finding ways to provide an attractive environment for local citizens and foreign investors in order to boost employment opportunities . Additionally , the country will aim to develop strategic partnerships both locally and internationally , embracing new digital tools to further cement its position on the global stage .
The healthcare industry has become a significant area of focus for the Kingdom , with increased spending reflecting its ambition to become a geographical centre of excellence . Additionally , the decision to raise private healthcare expenditure to 35 % from 25 % of total expenditure by 2020 will create an opportunity for significant change . “ Vision 2030 has laid down a plan of ensuring that more public hospital and public care facilities will become corporatised to a large extent , meaning care will be provided by private institutions ,” explains
Executive Vice President of Fakeeh Care , Sanjay Shah . “ Whether this is hospitals which become privatised or services which are provided by private institutions ( or some model similar to what the United Kingdom has ), it ’ s going to be something which the country will find itself developing over time , extracting better patient outcomes and more efficiencies .”
Educated in London and the US , Shah ’ s background in a number of senior finance , strategic and operational roles led him to join The London Clinic in the United
62 June 2018