Medtronic and renescor sign deal for cardiac services in Nigeria
Medtronic, the world’s largest medical technology, services, and
solutions company, and Renescor, Limited Liability Partnership, have
signed a partnership deal to bring high quality cardiac care and
healthcare managed services to the purpose-built Gbagada Cardiac and
Renal Centre (CRC) in Lagos.
Renescor was recently awarded a five-year concession agreement with
the Lagos State Government to activate and bring high quality services
to the purpose-built Gbagada Cardiac and Renal Centre (CRC). Renescor is
partnering with Medtronic to help manage CRC’s Cath-Lab, Operating Room
(OR) and ICU.
Chairman of Renescor, Dr Ladi Awosika, explained: “Nigeria is in
desperate need for efficient Cath-Labs and operating rooms (OR) to treat
more patients locally. Lagos currently has only two operational
Cath-Labs to serve a population of 16 million and is in critical need of
more.”
Dr. Ladi added “We decided on Medtronic because it is the largest
medical technology manufacturer globally with over 65 years of
experience and positive track record of delivering value to their
customers and partners. Our collaboration will ensure the hospital is
run to the highest global standards of care quality, efficiency, patient
safety, and optimized capacity to help more patients be treated.”
The agreement, which runs for a term of four years, will see
Medtronic Integrated Health Solutions Department partnering with
Renescor to help finance, manage, and optimize services in Cath-Labs, OR
and ICU.
The partnership consists of end-to-end management of these units,
which includes operational support, staffing and material management,
deployment of the latest Cardiovascular Information System, operational
excellence Lean/Six sigma consulting services, continuous performance
assessment and benchmarking services, advising on and implementation of
growth programs, as well as training and education services for
cardiovascular therapies.
The aim is to transform CRC into a leading regional centre that
achieves global standards of care in line with international leading
institutions.
Khodor Mekkaoui, Head of Medtronic Integrated Health Solutions for
Middle East, Africa, Central Asia and Turkey commented: “Our involvement
at CRC is a distinctive example of Medtronic’s Integrated Health
Solution offerings. We are moving beyond the supply of devices, to
deliver healthcare services that would ensure more access to patients in
areas where it is currently not readily available. The Integrated
Health Solution model helps optimize healthcare delivery and drives
greater economic value.”
This is the first undertaking of its kind by Medtronic IHS Department
in Africa, and underscores its vision to address universal healthcare
needs.
Mekkaoui added: “This important contract presents a unique
opportunity for Medtronic to showcase its skills and expand its
footprint in Africa, where there is also a great need for investment in
healthcare sector, in countries facing a lack of funding and shortage of
resources.”
Dr Awosika agreed: “Many issues faced in Nigeria today are similar to
those in other African nations. We believe that the Medtronic
integrated health solutions can be adapted and customized to other
African countries.”
Renescor Limited Liability Partnership is a special purpose vehicle
registered for the purpose of providing first class End Stage Renal
Disease Services and Cardiology Healthcare Services to Lagos State
residents and the broader Nigerian population.
This story was published in Newswatch Times on October 29, 2015.
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