Although health care is a basic human need, many people in developing countries do not have access to it. By investing in the sector, IFC is contributing to better access to high-quality care for people of all income levels. We work with partners who are willing and able to apply best practices in health services, promoting the growth of efficient and effective health care firms that create an important public good in an economically, environmentally, and socially sustainable way.
Across the emerging markets, the private sector plays a significant role in financing and providing health services, often representing a majority of all health service expenditure. Thus, governments are increasingly exploring ways to enhance the efficiency and quality of health care through public-private collaboration.
IFC has also played a key role in this through its contribution to health system reforms, public-private partnerships, industry consolidation for greater efficiencies, expansion to international markets, improved medical services, and increased development impact. IFC’s role includes direct investment in health care companies, sharing industry knowledge and experience, and informing government policy that affects the private health sector.
