We aim to help develop socially responsible private health care and make a difference in people’s lives by:
Supporting investment in health infrastructure and services:
- As of June 30, 2009, IFC provided $1 billion in financing to 84 private health care projects in 33 developing countries. The projects had a total value of $3.3 billion. IFC has mobilized an additional $86 million from participant banks for its health sector investments.
Supporting investment in the poorest countries to spur sustainable growth:
- Twenty-five IFC health projects (30 percent) were in IDA (International Development Association) countries, which are considered the world's poorest developing countries.
Increasing access to health care:
- IFC-supported health facilities treat 5.5 million patients yearly.
Providing employment opportunities for local health professionals:
- IFC-supported health care facilities employ about 33,000 people in developing countries.
Raising standards:
- Eleven IFC clients have achieved international-quality accreditation, such as Joint Commission International and a number of others are in the process of doing so.
Sharing best practice:
- IFC organizes numerous events and learning opportunities including our bi-annual International Private Health Care Conference, which brings our clients together with thought leaders from business, health care, and academia. Presentations of previous IFC-organized conferences can be viewed at Events/Presentations.
Collaborating with development institutions worldwide:
- We support investment in the private health sector through collaboration with other leading development institutions, including the Asian Development Bank, the Islamic Development Bank, Proparco, and the Bill & Melinda Gates Foundation.
Influencing health policy:
- We bring together health professionals and policy makers through numerous conferences and seminars aimed at exploring public-private collaboration and partnerships.
