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Abu Dhabi, United Arab Emirates: An Abu Dhabi-based holding company and PureHealth, the Middle East’s largest healthcare platform, have signed an agreement to acquire Circle Health Group, the UK’s largest independent hospital operator, in a deal valued at $1.2 billion.
Circle Health Group joins the world-class healthcare providers that make up PureHealth, including SEHA – Abu Dhabi Health Services Company; Dammam – National Health Insurance Corporation; PureLab – the largest laboratory network in the GCC; Rafed – Group Procurement Organization; Abu Dhabi Stem Cell Center, leading cutting-edge stem cell research.
PureHealth is the largest healthcare group in the Middle East and this acquisition underscores PureHealth’s commitment to delivering world-class healthcare to patients around the world and developing new clinical care pathways comprised of the best healthcare providers to meet patient needs . PureHealth aims to leverage all of its assets, including Circle Health Group, to invest in scientific innovation and healthcare infrastructure to provide patients around the world with the best medical care of the highest international quality standards so they can live longer, healthier and longer lives. happiness. .
The acquisition of Circle Health Group is PureHealth’s first foray into the UK. The acquisition is part of PureHealth’s global expansion plan, which includes previously completed acquisitions in the United States and entry into other international markets. Patients in the UAE and UK will benefit from the PureHealth acquisition, including the diversity of options in healthcare delivery, the expanded network and expertise of medical professionals and the knowledge sharing that will be developed.
Circle Health Group owns the UK’s largest national private hospital network. It also offers innovative neurological and musculoskeletal rehabilitation services as well as pathway management services and is the first European healthcare provider to enter the Chinese market. In 2019, Centene Corporation, a leading U.S. healthcare company and Fortune 500 company, invested in Circle Health Group and acquired the remaining equity in July 2021.
As part of the strategic acquisition, PureHealth will acquire 100% of Circle Health Group’s portfolio, which includes specialties such as orthopedics, oncology, cardiothoracic surgery, ophthalmology, neurosurgery and general surgery, as well as new state-of-the-art hospitals Circle Health Group recently Key hospital developments include the UK’s first purpose-built, state-of-the-art rehabilitation hospital.
PureHealth Managing Director and Group CEO Farhan Malik and Centene Corporation’s Senior Advisor Brent Layton and Senior Vice President of Corporate Development Beau Garverick attended the signing ceremony in London to officially announce PureHealth’s acquisition of Circle Health Group.
Commenting on the acquisition, Hammad Al Ameri, CEO and Managing Director of Alpha Dhabi Holding PJSC (ADX: AlphaDhabi), a company listed on the Abu Dhabi Stock Exchange “This acquisition is an important milestone for our associate, PureHealth Holding LLC, and we believe it will lay the foundation for our continued growth and success,” said the company.
Farhan Malik, Managing Director and Group CEO, PureHealth“We are pleased to welcome Circle Health Group to the PureHealth family. This acquisition marks an important milestone in our journey to create a global healthcare network that will revolutionize patient care. PureHealth’s mission is to advance scientific innovation to extend longevity and improve quality of life. By combining the expertise of both organizations, we are making a positive impact on the lives of patients around the world. As the largest healthcare group in the region, PureHealth is well-positioned to improve healthcare systems in the UAE and beyond and make a significant contribution to access to world-class medical services.
“Circle Health Group is an innovative healthcare organization making a significant impact for the benefit of patients across the UK. We believe the business will continue to thrive – delivering high quality care and improving clinical outcomes under PureHealth’s ownership,” explain Centene CEO Sarah London. “This transaction marks another milestone in our portfolio review and demonstrates the continued momentum of our value creation plan.”
Circle Health Group has over 8,200 dedicated staff and 6,500 consultants working in over 60 specialties in over 50 hospitals and over 150 theaters across the UK, treating over 2 million patient visits annually, generating over $1.3 billion in revenue and Delivering exceptional healthcare and comprehensive health solutions.
Circle Health Group was founded in 2004 and has grown through the acquisition of BMI Healthcare, one of the UK’s most prestigious and largest private hospital groups. Founded in 1987, Circle Health Group has established a lasting tradition of excellence that PureHealth will now inherit This traditional wooden board.
The acquisition has the potential to bring wide-ranging benefits to the healthcare ecosystem in the UAE and UK. These benefits include expanding clinical knowledge and delivering new medical technologies through enhanced collaboration between medical professionals, as well as access to cutting-edge technology and a wider range of treatment options for patients in the UAE. Additionally, the acquisition highlights the UAE’s growing position as a global pioneer in delivering world-class healthcare.
In 2022, Circle Health Group was named Private Hospital Group of the Year and one of the 25 Best Big Companies to Work for. In addition, Circle Health Group is the UK’s most patient-centred healthcare organization and is recognized as the UK’s most innovative and Technologically advanced hospital provider. 90% of adults in the UK live within a 90-minute drive of a Circle Health Group hospital.
PureHealth recently completed the acquisition of a $500 million equity investment in Ardent Health Services, the fourth-largest private health care group in the United States with operations in six states. With its global relationships and international reputation, PureHealth looks forward to building on this legacy through the acquisition of Circle Health Group.
Centene Corporation is a leading healthcare company dedicated to helping people live healthier lives. Centene is a Fortune 500 public company that uses a local approach to provide fully integrated, high-quality and cost-effective services to government-sponsored and commercial health care plans, with a focus on underinsured and uninsured individuals across the United States. Centene provides affordable, high-quality products to nearly 1 in 15 people nationwide, including Medicaid and Medicare members (including Medicare prescription drug plans) and individuals and families served by the health insurance marketplaces and TRICARE programs.
PureHealth is the largest integrated healthcare group in the Middle East, with an extensive network of over 25 hospitals, health insurance companies, over 160 laboratories, over 100 clinics and over 24,000 employees. PureHealth has an unwavering commitment to transforming the future of healthcare and is actively working to transform every aspect of healthcare. The organization is leveraging cutting-edge artificial intelligence and machine learning technologies to reimagine and challenge healthspan, future-proof healthcare and drive the next generation of innovation. PureHealth is embarking on an ambitious project to create a hospital in the cloud through efficient data management. With its transformative vision, the healthcare platform continues to have a profound impact on the lives of individuals in the UAE and beyond, shaping a sustainable, healthier future for generations to come.
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About PureHealth
By advancing the science of longevity, PureHealth is bringing the future of healthcare from the UAE to the rest of the world. PureHealth is the largest integrated healthcare platform in the UAE, with an ecosystem that challenges lifespan and reimagines healthy lifespan. With over 25 hospitals, 100+ clinics, multiple diagnostic centers, insurance solutions, pharmacies, health technology, procurement, investments, and more, the company’s groundbreaking innovations are at the forefront of healthcare with a mission to unlock humanity time.
PureHealth’s network of healthcare facilities across Abu Dhabi and the Northern Emirates includes:
- SEHA – Abu Dhabi Health Services Company – One of the largest healthcare networks of hospitals and clinics in the UAE
- daman – National Health Insurance Corporation, the leading health insurance company in the UAE
- medical office – Supervise the establishment of Sheikh Khalifa Hospital and Medical Institutions at the initiative of His Highness the President of the UAE
- Rafid – The largest healthcare group procurement organization in the UAE
- pure laboratory – Manage and operate the largest laboratory network in the region
- Abu Dhabi Stem Cell Center – Professional medical center focusing on cell therapy and regenerative medicine
- a healthy – Sales, service support and engineering network providing end-to-end medical solutions to more than 300 healthcare providers
- living corner – Abu Dhabi’s first holistic pharmacy serving health and wellness facilities
To find out more, visit www.purehealth.ae
For more information, please contact:
Mohamed Mustafa Saad
Senior Manager – Marketing and Public Relations
mohamed.mostafa@purehealth.ae
Bedur Mosa
Public Relations Account Manager
Encore Global
bmossa@apcoworldwide.com
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