Grupo Salud

completed

Grupo Salud (or the Client) is a holding company, grouping Oncosalud and other new projects. The project involves the construction of a new 140-bed hospital in Lima, Clinica Delgado. The clinic will have oncology and cardiology operations and will be a referral center for a network of clinics, which are expected to be built in the medium and longer term in the outskirts and outside of Lima. Clinica Delgado will be the first in Peru to have a partnership with an international operator, American Hospital Management Company (AHMC), and will most likely get involved in a PPP with ESSALUD. Grupo Salud’s main strategic objective is to forward integrate into health provision. The Grupo Salud holding will encompass Oncosalud and Enfoca. Oncosalud is a prepaid health provider specializing in oncology services. It has over 20 years of experience in the Peruvian market, is a member of the International Union Against Cancer (UICC), and has around 400,000 affiliate members, and 268 affiliated doctors. With a current focus in Lima (3 centers), it operates day care treatment centers, as well as pharmaceutical distribution and labs for testing and diagnostic. Enfoca is a Peruvian private equity fund, managed by a local team of investment professionals. The proposed funding consists of a $25 million A loan for IFC’s own account and a $15 million parallel loan from DEG.