VPS Healthcare has launched Burjeel Holdings, an intermediary holding company under its umbrella, on the sidelines of the World Economic Forum (WEF) annual meet in Davos on Sunday, May 23.
The new company will help consolidate its healthcare offerings in the UAE, Oman and GCC, and drive its future growth.
Read: UAE’s VPS Healthcare eyes expansion in Saudi Arabia, Africa and India
“Burjeel Holdings enables us to consolidate our healthcare offerings under one platform to create an integrated ecosystem, which will continue our vision to offer end-to-end health solutions under a single window. As we embark on our expansion journey, the platform will provide the foundation to scale up operations in new geographies in the GCC and beyond. Burjeel Holdings will also enable us to take strategic corporate actions needed to drive our future growth,” said Dr Shamsheer Vayalil, chairman and MD.
Burjeel Holdings will operate nearly 60 assets catering to all socio-economic segments across a range of brands, including Burjeel Hospitals, Medeor Hospital, LLH Hospital, Lifecare Hospital, and Tajmeel. It will also consolidate the largest diagnostic network in the UAE and the largest comprehensive cancer center in the UAE.
Additionally, the newly launched holding company brings under its umbrella the largest orthopedic practice and leading mother and child care provider in the UAE.
At Davos, VPS Healthcare also announced its commitment to support Ukrainian refugees at Burjeel House.
Burjeel House will convene intentional, collaborative dialogues on topics from whole body healing to catalysing equitable health training, scaling impact and advancing medical and technological innovation.
“I am pleased to announce our commitment of support for those affected by the crisis in Ukraine. This contribution is being made toward the important task of rebuilding a strong community in the war-torn region. We have seen that children, especially those undergoing cancer treatment, are suffering the most in this very unfortunate conflict. Hundreds have already been evacuated to receive life-saving treatments and Burjeel Holdings will look to provide them with the care they desperately need,” said Dr Vayalil.