Newswise — Methodist International (MI), a subsidiary of The Methodist Hospital in Houston, has signed an unprecedented agreement with Emaar Healthcare Group (EHG), the healthcare subsidiary of United Arab Emirates-based Emaar Properties, to build, operate and manage its health care centers throughout the Middle East and North Africa.
Under this agreement, a strategic partnership was formed to promote best practice standards and develop and manage hospitals and clinics in the UAE, Saudi Arabia, Egypt, Turkey, Morocco, Algeria, Libya, and Tunisia.
Beginning this year, MI will manage the launch and continuing operations of Burj Dubai Medical Centre and clinics in Emaar's communities throughout Dubai. The Burj Dubai Medical Centre will be a premium outpatient facility providing the full range of specialties including pediatrics, and is located within Downtown Burj Dubai, a mixed-use development that anchors Burj Dubai, the tallest building in the world under construction. Methodist is the first Texas Medical Center hospital to expand its operations outside the United States with a presence in the Middle East.
"Building upon a legacy of international patient care, research and education, the Methodist agreement with EHG is a dedication to the goal of improving the quality of care around the world," said Dr. Lynn Schroth, chief executive officer of Methodist International. "There is an international need for U.S. health care expertise as the demand grows for better quality and better outcomes. We want to share our vast knowledge of health care."
EHG is the health care subsidiary of Emaar Properties PJSC one of the world's largest property development companies with a presence in 36 global markets. With a capital outlay of $5 billion, EHG plans to open over 100 hospitals and medical centers over the next 10 years.
"Emaar Healthcare Group is committed to bringing in the world's best practices in health care through strategic partnerships with international leaders in medical care," said Omar Al Shunnar, executive director of Emaar Healthcare Group. "The agreement with Methodist International, one of the world's premier names in health care delivery, underscores our efforts to bring in the best of medical services to the region and Emaar's communities."
For more information on Methodist International, visit http://www.methodistinternational.org/.
About Methodist International:
The Methodist Hospital in Houston has a 90-year legacy of medical milestones that attracts patients from around the world. As a founding member of Texas Medical Center, Methodist is a major academic medical center that is home to famed heart surgeon Dr. Michael E. DeBakey. The Methodist Hospital is consistently named among the country's top hospitals by U.S. News & World Report, ranking in 14 of 16 specialties in 2007. It is also awarded Magnet status for exceptional nursing and is featured by Fortune as one of the best 100 companies to work for in 2007.
As its subsidiary, Methodist International is focused on collaboration with global care organizations to build capacity through the transfer of knowledge and expertise. It's goal is to improve care and to move global health care quality towards a consistent level of excellence.
For more information on Methodist International, visit http://www.methodistinternational.org/
About Emaar Healthcare Group LLC:
Emaar Healthcare Group LLC, the wholly owned subsidiary of Emaar Properties PJSC, plans to develop and manage 100 hospitals, clinics and medical centres in the Middle East and North Africa region, the Indian Subcontinent and South East Asia for the over ten years.
With an initial investment outlay of AED 18.35 billion (US$5 billion), these centres will offer renowned health services and also work to strengthen the healthcare sector of the various countries through effective public-private partnerships. Emaar Healthcare will also form strategic tie-ups with renowned medical specialists to bring about and set best practice standards in all the regions it serves.
About Emaar Properties PJSC:
Emaar Properties PJSC is one of the world's largest property development companies and is rapidly evolving to become a global provider of premier lifestyles. Emaar Properties, which has a strong presence in 36 global markets, has expanded into education in line with its Vision 2010 to become one of the most valuable companies in the world through a two-pronged approach of geographic expansion and business segmentation. For more information visit: http://www.emaar.com.
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