ProVita Announces Regional Expansion as Demand for Long-Term Care Increases

UAE, 7 August 2012: ProVita International Medical Center – the region’s first healthcare provider to offer state of the art long-term care for ventilated patients, and those requiring continuous medical intervention in a non-hospital setting – has announced plans to open a new facility in Al Ain. Scheduled to open in Q1 2013, the new facility, located in the Al Foah District, houses four large residential-style villas. It will have a capacity of around 50 patients and more than 150 internationally trained staff specializing in ICU and acute patient care. Executive Chairman of the Board Dr. Helmut M. Schuehsler said, ‘’ProVita offers something truly unique and we are immensely proud of the difference it has made to the quality of life of severely ill and ventilator dependent patients and their families in Abu Dhabi. It has long been the plan to expand the offering to other parts of the UAE, as well as neighbouring countries. Now that our first medical facility in Abu Dhabi is nearing full capacity, we have taken action to expand our service to Al Ain in order to be closer to the patients and their families there. We look forward to seeing ProVita grow and are making every effort to open the new site within 2012.’’ ProVita Abu Dhabi opened in February 2011 and currently cares for 34 patients, the majority of which require mechanical ventilation. ProVita’s doctors, nurses, respiratory therapists and related specialists offer the highest standards of professional medical care and therapy, designed according to each patient’s needs with a clear objective: to enhance quality of life, increase the patient’s human potential and continually promote normalcy for the patient and their family. ProVita is a portfolio company of TVM Capital MENA, the first international private equity house with a focus in healthcare to establish operations in the MENA region. The genesis of the clinic, and more specifically the collaboration with the founder of ProVita clinics in Germany, Christina Shawky-Boehme, is consistent with the TVM Capital MENA strategy of involving leading operators from more fully developed healthcare markets such as in Europe or North America to provide unique and specialized healthcare services in the Middle East, directly catering to the growing local demand. The company hopes to meet enough demand in other countries to be able to open additional long-term care facilities in the region, including the Kingdom of Saudi Arabia.

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