Washington, D.C., May 16, 2011
—IFC, a member of the World Bank Group and the world’s largest multilateral investor in private health care in emerging markets, will hold its fourth international health care conference in Washington, D.C., from May 25 through May 27.
The conference, “
The Road Ahead: What Next for Emerging Market Private Health Care,”
will explore the future of private health care in developing countries. It will bring together about 200 IFC clients, experts, and thought leaders from the private health sector, life sciences, insurance, government, academia, and finance.
Key topics will include the challenges of investing across borders in emerging markets; expanding the client base to reach more patients; changing care through technological innovation; the role of the private health sector in medical education; improving business performance through better corporate governance; and dealing with the threat of counterfeit medicines.
Speakers will include Hank Kearney, President of PHM International; Curtis Schroeder, CEO of Intermedika (formerly CEO of Bumrungrad Hospital, Thailand); and other top executives of leading health companies in emerging and developed markets.
“The IFC health conference is taking place at a time when the private health sector in developing countries is experiencing considerable change and expansion,” said Atul Mehta, IFC Director, Global Manufacturing, Agribusiness, and Services. “Private health can make a significant contribution to development in emerging market countries, especially by increasing access to services for low- and middle-income people.”
IFC is helping client companies in developing countries expand access to services and improve standards of quality and efficiency while also facilitating the international exchange of best practice. To date, IFC has provided financing of more than $1.9 billion to 149 private health care and life sciences projects in 53 countries. Currently, IFC has 73 active projects across all regions in health care and life sciences. Our health projects treat about 7.9 million patients annually.
About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. We create opportunity for people to escape poverty and improve their lives. We do so by providing financing to help businesses employ more people and supply essential services, by mobilizing capital from others, and by delivering advisory services to ensure sustainable development. In a time of global economic uncertainty, our new investments climbed to a record $18 billion in fiscal 2010. For more information, visit
www.ifc.org
.
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