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Nairobi Women’s Hospital Founder to Acquire Majority Shareholding after Approval from Competition Authority

Joel Mugonyi by Joel Mugonyi
July 29, 2023
in News
Reading Time: 2 mins read

The Competition Authority of Kenya (CAK) has approved the shareholding changes at the Nairobi Women’s Hospital (NWH), a process initiated two months ago. Dr Samuel Maina Thenya, the Founder and Group CEO of NWH, will acquire the majority shareholding of the hospital, previously held by Evercare Health Fund.

The hospital expects the acquisition to be finalized in the third quarter of 2023. This development will enable Dr Thenya to further increase his current shareholding and assume full ownership of the NWH Group following a successful period of growth and partnership with Evercare.

Read more: CAK Grants Approval for Car & General to Acquire 50.0% Stake in Cummins C&G Holding Limited

Dr Thenya expressed gratitude for Evercare’s support over the years and highlighted the hospital’s community-centric approach to providing accessible healthcare services to patients of all ages and genders across Kenya. With 726 beds, the NWH Group serves over 365,000 outpatients and 120,000 inpatient customers annually.

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The hospital’s mission revolves around offering a broad and expanding range of services at cost-competitive prices, particularly in areas with limited options for critical care. The NWH Group also includes NWH College, with over 1000 students, and the Gender Violence Recovery Centre, providing free services to survivors of Gender-Based Violence.

Read more: CAK Suspends Kenyan Airline’s Operations

During Evercare’s investment period, the NWH Group made significant progress, enhancing the scope of services, implementing patient rights protection measures, and strengthening its role as a trusted provider of free medical services to survivors of gender-based violence. Moreover, they focused on training and retaining doctors, nurses, and visiting consultants in the Kenyan market.

With the approval from CAK, Dr Thenya’s vision for the hospital’s future looks promising, building on the momentum of growth and commitment to accessible healthcare services for the community.

Email your news TIPS to editor@thesharpdaily.com

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