Mekong Capital's MEF IV invests in TNH Hospital Group
Mekong Enterprise Fund IV (MEF IV), a part of Mekong Capital, has invested in TNH Hospital Group Joint Inventory Firm, grew to become a shareholder, aimed toward bettering entry to inexpensive well being care in Vietnam.
TNH is situated within the head workplace in Thai Nguyen Metropolis and has been expanded with a contemporary hospital system at totally different places.
TNH Board of Administrators President Dr. Hoang Tuyen stated: “The collaboration with Mekong Capital is a crucial milestone within the TNH improvement technique.
“With intensive expertise in finance and investments, Mekong Capital TNH will accompany the enlargement of firms, optimize actions and enhance the standard of well being care.”
TNH has 700 licensed hospital beds and has greater than 800 workers, together with greater than 600 medical professionals.
The senior management of the group contains Hoang Tuyen, chairman of the board of administrators; and normal director Le Xuan Tan.
The TNH amenities embrace Thai Nguyen Worldwide Hospital with 400 beds, yen binh Thai Nguyen Common Hospital with a capability of 300 beds and TNH Viet Yen Hospital in Bac Giang with an extra 300 beds.
The lengthy -term technique is to evolve into an ecosystem in well being care, providing companies starting from medical analysis and remedy to proactive well being care, rehabilitation, preventive drugs and medical employees coaching.
The group proposes to arrange a global commonplace hospital system with sensible hospital fashions by 2030 to optimize clients experiences and to enhance the service worth of the neighborhood.
It is usually supposed to increase to 10 normal and specialised hospitals all through the nation, to supply 3000 hospital beds and to offer 1.6 million affected person visits one yr a yr.
Mekong Capital founder and companion Chris Freund stated: “We now have spent greater than ten years taking a look at potential hospital investments and couldn't discover the fitting one – up to now.
“The senior management of TNH, led by the chairman Dr. Tuyen and CEO Dr. Tan, have created a daring imaginative and prescient for the way forward for TNH, of which Mekong Capital is absolutely enthusiastic.”
