The Partnership
A JOURNEY TO SUCCESS
The Healthcare Network will work diligently with its valued partners to assist in driving efficiency in areas of:
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ACCOUNTING
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FINANCE
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MEDICAL OPERATIONS AND QUALITY
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PROCUREMENT
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REVENUE CYCLE MANAGEMENT
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HR PROCESSES
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CONTRACTS
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INSURER RELATIONS
By also ‘selling’ 50 partners as part of an ongoing business at the same time, The Healthcare Network will maximize value as a larger group and will create every opportunity for Private Equity backers to realise an arbitrage opportunity to buy a whole group and immediately list on the London market as a premium GCC Medical Group, creating every opportunity for them to realise.
Mechanisms of Success
To maximize the value of The Healthcare Network group, it is important that we can demonstrate that all of our individual parts create the potential of a high performing whole.
By transitioning to the same financial reporting structure, the same auditors, the same procurement process, the same contracts and incentive schemes for doctors and staff, we can show that a unified business can quickly become a substantive and high performing integrated business upon acquisition.
During the process of building conformity, we will also work with all leading insurers to endeavour the renegotiation of existing rates and to move forward to our own preferred provider network.
INSURERS IN THE UAE ARE UNDER IMMENSE PRESSURE, WITH LOSS RATIOS FREQUENTLY EXCEEDING 100% AND COMBINED RATIOS CAN BE OVER 125%.
The Healthcare Network aims to become the preferred provider for all insurers by asking our partners to use generic medications and to refuse incentive fees for introduced patients in respect to diagnostic tests.
By allowing The Healthcare Network to directly contract with the largest employers and to refer their staff to the Healthcare Network group members, we are confident of driving incremental value to our partners without damaging their underlying existing value.
The Healthcare Network intends to build its own network of diagnostic centres and pharmacies to control the quality of clinical solutions for our patients and to be able to demonstrate the value of a combined network.
Where our partners have their own diagnostic centres or pharmacies, we would seek to establish group referral opportunities.
A key aspect of The Healthcare Network, is the ability to build a group referral directory for members to cross-refer throughout the network.
This is not mandatory, but if supported, it will help to maintain value within the walls of our own partners’ multiple clinics and facilities.