Dr Samuel Maina Thenya, the Founder and Group Chief Executive Officer of Nairobi Women’s Hospital (“NWH”), has signed definitive documentation to acquire the Evercare Health Fund’s majority shareholding of Nairobi Women’s Hospital.
The acquisition, through a process initiated over two months ago, has been granted regulatory approval by the Competition Authority of Kenya. The acquisition’s closing is expected to occur within the third quarter of 2023.
Upon close, this move enables Dr Thenya to increase his current shareholding further and assume full ownership of the NWH Group after a successful growth and partnership with Evercare.
Throughout Evercare’s investment period, Dr Thenya and Evercare worked together to drive operational improvements, increase the breadth and quality of care, enhance patient relations, and go cost-competitive and transparent pricing across NWH.
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Dr Sam Thenya, Founder of Nairobi Women’s Hospital, commented,
“Since I began my partnership with Evercare, the hospital has continued to grow, improve, and serve as a trusted partner in the Kenyan healthcare ecosystem. As a community-centric provider, NWH’s success must have continuity in the hospital’s new ownership,” said Thenya.
“I remain deeply passionate about our mission to treat our patients and am as committed as ever to Nairobi Women’s Hospital’s continued success. I am grateful for Evercare’s support over the years – I believe we are on a strong trajectory, and I look forward to continuing that momentum into the future.”
The Nairobi Women’s Hospital is a 726-bed hospital Group serving over 365,000 outpatients and 120,000 inpatient customers annually. For over 22 years, the hospital has provided high-quality, accessible care to all patients of all ages and genders across Kenya.
NWH’s healthcare accessibility mission is characterized by providing a broad and growing set of services at cost-competitive prices, particularly in communities with limited critical care options.
The Group also comprises NWH College, which has over 1000 students, and the Gender Violence Recovery Centre, which provides free services to survivors of Gender-Based Violence.
NWH represents one of Evercare’s most mature healthcare assets in Kenya. Throughout Evercare’s investment, the Group increased the scope of services offered across NWH.
NWH has also implemented processes and procedures to protect patient’s rights, advanced training and retention of doctors, nurses, and visiting consultants within the Kenyan market, and strengthened NWH’s role as a trusted provider of free medical services to survivors of gender-based violence.