19 July, 2016

Home care provider Manzil Health Care launches operations in Qatar

The company, which is owned by specialist emerging markets private equity investor TVM

19 July 2016
United Arab Emirates - Middle East home care provider Manzil Home Health Services has begun operating in Doha, Qatar, offering a range of patient-centered, medical and clinical care. Services include high quality home care tailored to the  specific needs of the client  in the comfort of the patient's home.

The company, which is owned by specialist emerging markets private equity investor TVM Capital Healthcare Partners and a syndicate of co-investors, already operates in UAE and Egypt, and is looking to expand across the Middle East and North Africa region.

In the last month, Manzil has accepted first clients in Qatar, who receive either intermittent or around-the-clock service from highly qualified and licensed nurses. Patients referred to Manzil Home Health Services by their physicians are provided a range of services including senior care, post-operative care, diabetes management, wound care, as well as post hospital discharge care.

Manzil Health Care Services Qatar is based in Doha, Level 12, Al Kaabi Tower, Old Salata and can be reached by Tel : +974 40 388 429 | +974 3333 6046 or email: info.qatar@manzilhealth.com

"Our team of health professionals includes highly qualified registered nurses licensed by the MOPH and QCHP said Jad Halaby, International Managing Director of Manzil Health Care Services. "We started operations  a few weeks ago and are growing rapidly due to high demand as the authorities' aim is to develop the home healthcare services", he added.

High quality home care service helps a patient recover in the comfort of the how and within the family, avoids hospital infections and frees up hospital beds that are needed for acute care patients.

Hoda Abou-Jamra, Founding Partner of TVM Capital Healthcare Partners and Board Member of Manzil Home Health Services, commented: "After successfully growing the Manzil Home Health Services business in the UAE and launching Egypt's first stand-alone home healthcare provider earlier this year, we are pleased to launch operations in Qatar. One in five adults in Qatar currently lives with diabetes, and the country is seeing an increasing prevalence of other lifestyle-related chronic diseases. This creates growing demand for high-quality home care providers, and an opportunity for TVM Capital Healthcare Partners to replicate the Manzil Home Health Services business model, while adopting to local requirements in Qatar. "

To deliver the highest quality care, Manzil Home Health Services partners with best-in-class international experts and institutions. These include Boston-based Spaulding Rehabilitation Network, which is a Harvard Medical School Teaching Hospital and recognized global leader in rehabilitative medicine, and the Joslin Diabetes Center, the world's leading diabetes research and clinical care organization. Joslin is one of the most research-intensive of the institutions affiliated to the Harvard Medical School and is unique in its sole focus on diabetes.

Dr Helmut Schuehsler, who serves as the Chairman of the Board at Manzil Health Care Services and CEO of TVM Capital Healthcare Partners added: "Governments in the GCC are encouraging private investment in healthcare, because they welcome new specialist, high quality services. Manzil is an excellent example of a company that is filling a significant gap in healthcare provision, so it's important that the company continues to expand and make a positive impact across the region."

Manzil was the first dedicated homecare provider in the UAE to receive accreditation from Joint Commission International, the world's largest and most recognised healthcare accreditor.

Dr Schuehsler added: "The Manzil Home Health Services business model has been extremely successful in the UAE, and complements the existing healthcare infrastructure in the country. Because of this, we have brought the JCI accreditation processes and quality protocols to our operations in Qatar, where we believe Manzil will be as successful as it has been in the UAE. Post-acute and rehabilitative home care capacities on best international levels will help patients to get better faster and in the comfort of their own homes - and hospitals will be able to use much needed capacity for their acute care patients."

-Ends-

About Manzil Health Care Services
Manzil Health Care Services provides high-quality care and rehabilitation services to adult and pediatric patients in their own homes. Working with compassion and care, Manzil's physicians, nurses and therapists offer a wide range of services, including disease management programmes, physiotherapy, wound care and diabetes care. In the UAE, Manzil is one of the largest  home health providers with more than 340 staff members, headquartered in Abu Dhabi and with offices in Al Ain, Dubai and Ras Al Khaimah. Established in 2011 by Emirati physician Dr. Ghuwaya Al Neywadi,mManzil was majority-acquired by TVM Capital Healthcare Partners, a healthcare-focused private equity investor in mid-2012. The company currently employs over 360 people in the UAE, Egypt and Qatar.

In 2015, Manzil became the first dedicated homecare provider in the UAE to receive accreditation from Joint Commission International, the world's largest and most recognised healthcare accreditor. As part of a commitment to delivering best-in-class service, Manzil has affiliations with Spaulding Rehabilitation Network, a Harvard Medical School Teaching Hospital, and the Joslin Diabetes Center, the world's largest diabetes research center. Manzil also has an alliance with Planetree Inc., a not-for-profit organization that aims to transform the way healthcare is delivered, through an ethos of patient-centred care. www.manzilhealth.com

About TVM Capital Healthcare Partners
TVM Capital Healthcare Partners is a specialist private equity investor that focuses on meeting gaps in healthcare provision in emerging markets, including the Middle East, North Africa, India and Southeast Asia.  The firm started operations in Dubai in 2007 and incorporated in 2009, and is part of the TVM Capital Group, an affiliation of global venture capital and private equity firms with an operating track-record of over 30 years.

TVM Capital Healthcare Partners' team of investment professionals brings a wealth of experience in investment and successful exits across multiple markets. The company has also assembled a talented group of healthcare specialists, advisors and consultants who act as executives-in-residence in the TVM Operations Group - an accelerator company that supports the development of portfolio companies -- and in TVM Healthcare Advisors, which provides research and advisory services. This team conceptualizes and develops new business opportunities that provide investors exclusively with proprietary transactions.

TVM Capital Healthcare Partners operates from the Dubai International Financial Center (DIFC) and is licensed and regulated by the Dubai Financial Services Authority (DFSA).

www.tvm-capital.ae

Media Contact
Brunswick Gulf on behalf of TVM Capital Healthcare Partners
Dominic Whiting +971 2 2344 603
TVMCAPITAL@brunswickgroup.com

© Press Release 2016

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