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Volume # 02 | February, 2016

UAE Freezones Biz News Updates

 
Dubai Healthcare City outlook positive

Dubai Healthcare City Authority releases 2015 operational review of free zone
Dubai Healthcare City.


Dubai Healthcare City (DHCC) recorded strong performance last year driven by new projects and developments and the outlook for the current year is positive, according to the authority’s 2015 operational review report.

Dubai Healthcare City Authority (DHCA), the governing body of (DHCC), on Sunday released the annual 2015 operational review of the free zone, updating the market on key performance figures across strategy, regulation, projects in Phase 1 and 2, and the community.  

Recording a stronger performance relative to last year driven by new projects and developments, the outlook for 2016 is positive for the world’s largest healthcare free zone.

By end-2015, DHCA reaffirmed its regulatory independence as it unveiled operational sectors within the free zone, regulated by independent arm Dubai Healthcare City Authority – Regulation (DHCR).

The key performance figures for 2015 indicate that the free zone model achieves operational efficiencies and its investment and education sectors support and strengthen the economic climate of the UAE, said Dr. Raja Al Gurg, Vice-Chairperson and Executive Director of Dubai Healthcare City Authority.

"One of the fundamental finding from our year-on-year performance is that, as a business model, we have been dynamic and responsive to patient needs and to changes in market conditions. We expect the new operational sectors to deliver greater pace and more accountability. We are optimistic as we move forward in a sustainable manner, in line with our growth strategy," he said.
 

Significant regulatory advances were made in 2015 including the implementation of the insurance law in the free zone. Dr. Ramadan AlBlooshi, Chief Executive Officer (CEO), Dubai Healthcare City Authority – Regulation (DHCR), said, "We remain on track for delivering in 2016 a more robust regulatory framework to attract qualified healthcare professionals and to ensure highest patient safety standards. The inflow of new clinics and healthcare professionals will continue to drive healthcare delivery."

The free zone’s performance is evident with the number of partners it houses – more than 300, who have established base in the free zone.
 

Bader Saeed Hareb, CEO, Investment Sector, said, "The year-on-year figures demonstrate our commitment to positioning Dubai Healthcare City free zone as a health and wellness destination. In this patient centered value chain, we are strengthening our offerings and working with our stakeholders for long-term growth. We feel a deep responsibility to ensure our patients, healthcare professionals, partners and investors are together creating tangible value for the communities we serve."

Medical education is an integral part of the free zone’s value creation. Dr. Amer Ahmad Sharif, CEO, Education Sector, said, "As we prepare to open our doors to the next generation of medical students, we are proud to say that we are proceeding well. Our core efforts are to strengthen the necessary academic infrastructure to establish the Mohammed Bin Rashid University of Medicine and Health Sciences as one of the top universities in the region."

In 2015, Dubai Healthcare City Authority demonstrated its commitment to enhancing the health sector and contributing to the healthcare system of the Emirate through strategic goals.

The Authority signed memoranda of understanding (MoUs) with the UAE Ministry of Health (MoH) and Mediclinic Middle East. Both MoUs will jointly develop healthcare professionals’ capabilities and skills to improve healthcare delivery in the country.

The Patient Satisfaction Survey 2014-15 measured patients’ experience of received care and identified the main drivers of satisfaction within the Dubai Healthcare City free zone. As per findings, 9 out of 10 patients are satisfied with staff and healthcare practitioners across all categories in Dubai Healthcare City, and are willing to recommend the facilities they are visited to their family and friends.

Jan 25, 2016
 

Courtesy Dubai Media Incorporated

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