IFC launches program to strengthen private healthcare providers in Egypt
To support Egypt's goal of achieving universal health coverage by 2030, IFC launched an advisory program to help at least 100 private healthcare providers improve their patient care systems and broaden access to safe and quality healthcare in the country.
IFC, through its Egypt Quality Advisory Program, will advise private healthcare service providers across Egypt on enhancing patient safety practices and upgrading their quality assurance systems, ensuring they comply with national requirements and deliver the best quality care.
"The COVID-19 pandemic has underscored the urgent need for strong and resilient health systems," said Walid Labadi, IFC's country manager for Egypt, Yemen, and Libya. "Egypt's ambition of achieving universal health coverage can only be achieved through a combination of public and private providers working together. For universal healthcare, quality is a prerequisite. IFC's support for private healthcare in Egypt is well-aligned with our broader strategy of fostering inclusive growth in the country."
The three-year initiative will be implemented in partnership with the Government of the Netherlands, and will support medical facilities and institutions across Egypt, including in Cairo, Port Said, Ismailia, Sinai, Aswan, Luxor, Matrouh, and Qena.
Egypt's government passed a comprehensive health insurance law in 2017 to accelerate progress towards universal health coverage. IFC is supporting this effort by providing investments and advisory services to private sector health operators in the country.
Since 2007, IFC has invested and mobilized more than $310 million to support hospitals, clinics, and other health infrastructure in Egypt.