KENYA – Avenue Healthcare has expanded its delivery its services by launching two branches, one in Garden City and the other in Nanyuki.
The hospital has expanded the Garden City branch by including general and more specialised services under one roof.
“This is among the many of our facilities that have been positioned as a one-stop shop offering convenience to our patients,” Avenue Healthcare said.
The Nanyuki branch, which is located on the 1st floor, Cedar Mall, will offer general doctor consultation, pharmacy, laboratory, routine medical check-ups, and specialised clinics.
The launch was graced by Kigen Bartilol – Head of National Referral Services, Dr Lawrence Ndombi – Chairman of Avenue Board, Dr. Jackson Kioko CEO of Kenya Health professionals Oversight Authority; Evercare board members Dumani Kula and Aleem Merali MBA, FCCA, CPA, Avenue Group Senior Leadership Team led by Imran Yusuf – Interim CEO
This comes months after the hospital secures US$11.7m financing from The International Finance Corporation (IFC) to fund a new wing at its Nairobi facility in Parklands and refinance existing debt.
The global financier said in disclosures that the proposed funding, which will be in form of senior debt, will also fund an expansion of Avenue’s clinics network and diagnostic capacity.
The hospital’s expansion project comes five years after it opened a seven-floor, 140-bed complex that enabled it to offer improved secondary and tertiary health care services including dialysis, intensive care, advanced laboratory, physiotherapy, and radiology services, while also providing additional wards and operating theatres.
It follows a trend of expansion by private hospitals in Kenya, which are positioning themselves to tap into higher demand for quality health care from a growing population of middle-income earners.
Avenue Group is owned by US private equity fund Evercare Health Fund, which is managed by Texas Pacific Group whose investors include TPG Rise Fund, IFC, BII, DFC, Philips, Medtronic, and the Gates Foundation.
Avenue Hospital, which was established in 1976 as a nursing home, now operates three hospitals with a combined bed capacity of 316 in Nairobi, Kisumu, and Thika, as well as 16 outpatient clinics countrywide.