Business

New Crystal Health Services secures 5.7 million dollars for expansion

Private healthcare provider, New Crystal Health Services (NCSH) has set out to serve a wider range of income groups including high income earners.

This follows injection of about 5.7 million dollars for its expansion programme.

 NCHS is using its new capital to expand and acquire state-of-the-art equipment in order to provide additional essential services such as intensive care, paediatric care and surgical services as well as provide care for lifestyle diseases.

The healthcare provider has since its inception in 2003 catered largely for the low income bracket within the Ashaiman and Tema enclave. 

However, these communities keep expanding with several first class residential areas emerging, creating a need to also serve that segment of the market.

The healthcare provider secured the additional capital to embark on a project that will lead to completely new and ultra-modern hospitals in Ashaiman and Tema, while other facilities at Michel Camp, Adjei Kojo and Afenyo, all within the Ashaiman enclave will receive significant facelift.

The capital injection comprises a loan of 2.5 million dollars from International Finance Corporation (IFC), the private sector arm of the World Bank and equity of 3 million euros from impact investment group, Investisseurs & Partenaires (I&P) with headquarters in France.

With this inflow, NCHS is turning its facilities into centres of excellence in the delivery of general care, by using modern equipment operated by skilled staff in a patient-friendly environment.

The Chief Executive Officer of NCHS Dr Wisdom Amegbletor explained that its catchment area now had a wider range of income groups who need quality healthcare.

He said the expansion of the facilities was necessary to cater for the dynamic nature of the area.

 He said the expansion would not adversely affect its traditional low income base adding that, “The firm base of patients will not be excluded by providing buildings that may feel uncomfortable and unfamiliar to them, we are only seeking to ensure that all the income groups are served”.

New Crystal currently provides a range of services, including general clinical care, antenatal, obstetrics, gynaecology, dentistry, laboratory and x-ray, pharmaceutical, and simple in-patient services. It has seven networked hospitals in the Ashaiman and Tema area as well as Takoradi in the Western Region.

BY TIMES REPORTER

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