- Cambridge Medical and Rehabilitation Center and Manzil Healthcare Services nominated amongst seven other GCC healthcare companies for MEED Awards 2017
- TVM Capital Healthcare is focused on building innovative healthcare companies that provide care and therapy on highest international standards.
Dubai, 4 October 2017 – TVM Capital Healthcare is proud to announce that two of its Abu Dhabi headquartered portfolio companies – Cambridge Medical and Rehabilitation Centerand Manzil Healthcare Services – have been selected as finalists at this year’s MEED Healthcare Company of the Year Award.
TVM Capital Healthcare has developed Cambridge Medical and Rehabilitation Center (CMRC) from a concept to a market leader through partnerships with leading international health centers, and operational support for GCC expansion. CMRC now employs more than 340 doctors, nurses and therapists in facilities in Abu Dhabi, Al Ain and Dubai with operations in Saudi Arabia being developed.
Manzil Healthcare Services was established in 2011 by Emirati physician Dr. Ghuwaya Al Neywadi as one of the first homecare companies in the region. Manzil is now the largest standalone homecare provider in the UAE, operating in Abu Dhabi, Al Ain, Dubai, and Ras Al Khaimah. New entities in Egypt and Qatar were launched in early 2016. Manzil’s 400 nurses, therapists, and physicians provide regular GP, physiotherapy, medical or vitamin infusion and ventilation services, as well as specialized care for infant, geriatric, and diabetic patients, and patients suffering from serious wounds.
Dr. Helmut Schuehsler, CEO of TVM Capital Healthcare, Chairman of the Board at Manzil Healthcare Services, and board member at Cambridge Medical and Rehabilitation Center, commented:
“Cambridge Medical and Rehabilitation Center and Manzil Healthcare Services both bring best practice to the Gulf through specialized offers, international accreditations and strong and deep clinicals partnerships. They address growing regional demand for healthcare caused by growing and aging populations, the rising prevalence of chronic diseases, increased global healthcare spending, and a rising number of high-income households.”
Dr. Howard Podolsky, Chief Executive Officer at Cambridge Medical and Rehabilitation Center, added:
“Cambridge Medical and Rehabilitation Center (CMRC) today is the UAE’s leading rehabilitation and long-term care provider. We help patients make large improvements in their quality of life through multidisciplinary intensive rehabilitation, physiotherapy, and personalized care, based on global best practice. We are pleased to be recognized for our impact in the region.”
Dr. Sarper Tanli, CEO of Manzil Healthcare Services, said:
“Manzil Healthcare Services has leveraged international partnerships to become the largest standalone homecare provider in the UAE, with new entities in Egypt and Qatar launched in early 2016. We are excited to receive this nomination as we implement our growth strategy – which is focused on further expanding across the Middle East by filling a large market gap for personalized care, and expanding our service offers in Abu Dhabi.”
The MEED Awards 2017 take place on 29th November 2017 at the Conrad Hotel Dubai, and celebrate the economic growth of the GCC over the past six decades in line with MEED’s 60th anniversary.
-Ends-
About TVM Capital Healthcare
TVM Capital Healthcare is the umbrella brand for a group of companies – fund manager and fund advisor, operations group and advisory services, focusing on meeting gaps in healthcare provision in emerging markets, including the Middle East, North Africa, India and Southeast Asia. TVM Capital Healthcare is headquartered in Dubai with offices in Munich, Boston and a representation in Singapore. The fund manager and fund advisor TVM Capital Healthcare Partners Ltd., started operations in Dubai in 2007. The company is part of TVM Capital International an affiliation of global venture capital and private equity firms with an operating track-record of over 30 years.
TVM Capital Healthcare’s team of investment professionals brings a wealth of experience in investment and successful exits across multiple markets. TVM Capital Healthcare is operating from the Dubai Financial Centre (DIFC) and is licensed and regulated by the Dubai Financial Services Authority (DFSA). TVM Capital Healthcare’s current investment portfolio includes a long-term care and rehabilitation center and the largest homecare company in the UAE, a medical devices manufacturer in Egypt, and IVF centers operating in the Middle East and India. Its investment into ProVita International Medical Center was successfully exited in 2015, demonstrating how a specialist private equity investor can create value in emerging market healthcare and contribute to their existing healthcare infrastructure.
About Cambridge Medial and Rehabilitation Center
Cambridge Medical & Rehabilitation Center (CMRC) is the UAE’s leading rehabilitation and long-term care provider, with facilities in Abu Dhabi, Al Ai and Dubai, restoring health and bringing peace of mind to each patient and their family members through an approach that combines the latest medical technology and techniques with a genuinely human touch. CMRC is partnering with US-based Spaulding Rehabilitation network, a Harvard Medical School Teaching Affiliate. CMRC world-class physicians, physiotherapists, occupational therapists and speech and language pathologists provide tailor-made care to patients with short and long-term rehabilitation needs, as well as those with chronic health issues. Cambridge Medical and Rehabilitation Center provides multidisciplinary and intensive rehabilitation for individuals suffering from neurological problems in subacute, post-acute and long-term care settings. With Ventilator weaning beds available on site CMRC is able to transfer patients with stroke, brain injury, spinal cord injury or even Guilian Barre syndrome directly from the intensive care setting and provide intensive care rehabilitation as well as neurorehabilitation in a unique, homelike post-acute care setting.
About Manzil Healthcare Services
Manzil, headquartered in Abu Dhabi, UAE, is a long-term care and rehabilitation healthcare company founded to provide specialist homecare for adult and pediatric patients who need regular medical attention, allowing them to benefit from personalized care while surrounded by family. Established in 2011 by Emirati physician Dr. Ghuwaya Al Neywadi as one of the first homecare companies in the region, Manzil is now the largest standalone homecare provider in the UAE, with operating clinics in Abu Dhabi, Al Ain, Dubai, and Ras Al Khaimah. New entities in Egypt and Qatar were launched in early 2016. Manzil’s 400 nurses, therapists, and physicians provide regular GP, physiotherapy, medical or vitamin infusion and ventilation services, as well as specialized care for infant, geriatric, and diabetic patients, and patients suffering from serious wounds.
Manzil was one of the first standalone homecare providers in the UAE to receive accreditation from JCI, the oldest and largest standards-setting and accrediting body in healthcare in the United States. The company partners with international medical leaders to bring best practice to the Gulf, including the Harvard Network’s Spaulding Rehabilitation Network.