In a deal for Dh4.41 billion ($1.2 billion), Pure Health, the largest healthcare organization in the United Arab Emirates, has agreed to buy Circle Health, the largest private healthcare provider in the United Kingdom, from Centene Corporation. Pure Health entered the UK market for the first time thanks to the purchase.
“Our mission at Pure Health is to drive scientific innovation to unlock longevity and greater quality of life for humankind,” Farhan Malik, managing director and group chief executive of Pure Health, said.
“Through integrating the expertise of both organisations, we positively impact the lives of patients globally.”
The National Health Insurance Company (Daman) and the Abu Dhabi Health Services Company, better known as Seha, were to be combined with Alpha Dhabi's Pure Health in January of last year in order to form the largest healthcare organization in the Emirates. In 2021, ADQ combined Pure Health with its healthcare subsidiaries, Rafed and Union71.
Today, Pure Health employs more than 24,000 people throughout a network of more than 25 hospitals, 160 laboratories, and 100 clinics. Pure Health pledged in June of last year to invest Dh10 billion in the UAE's economy over the following ten years by purchasing goods there.
The business recently finished a Dh1.8 billion equity investment purchase in Ardent Health Services, the fourth-largest private healthcare organization in the US with operations in six states. The firm stated in October that it aims to help people live longer than they do now, with a target of 101 years for everyone, by utilizing cutting-edge research.