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Saudi Arabia Approves Establishment of Holding Company to Raise Effectiveness of Saudi Health System

Saudi Arabia Approves Establishment of Holding Company to Raise Effectiveness of Saudi Health System

Friday, 3 June, 2022 - 10:45
Saudi Arabia approves the establishment of a major national holding company to raise the performance of the health sector. (Asharq Al-Awsat)

Saudi Arabia has agreed to a government decision to establish the Health Holding Company to raise the effectiveness of the performance of the system, and approve the organization of the National Health Insurance Center.

According to official sources, the Ministry of Health will focus on regulating and supervising all public and private health institutions, while the Health Holding Company, via its local health subsidiaries, will provide integrated healthcare services to beneficiaries all around the Kingdom.

The supervisory committee for privatization in the health sector is set to be the constituent assembly of the Health Holding Company, and the main and additional members will represent the state’s share and exercise its powers.

Minister of Health, Eng. Fahd Al-Jalajel said the decision reflected the leadership’s interest in improving health care services provided to citizens and residents, in line with the Kingdom’s Vision 2030.

He added that the decision would lay the legal foundations for implementing the transformation strategy within the Ministry, which will take place in successive stages over the coming years.

The sources noted that the Health Holding Company and its subsidiaries would be committed to applying the modern health care model, in accordance with the requirements set by the Ministry of Health.

The new company will provide specialized services such as caring for patients with cancer and kidney failure, developing critical care services, ensuring the speedy handling of heart attacks, strokes, and injuries, and expanding digital health programs and virtual medical care services.

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