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1 min read
NMC Healthcare has registered a significant rise in patient encounters in Q3.
By Hilal Mir
November 1, 2021 11:37 pm
  • NMC Group's operating companies would exit administration and hand over the responsibilities to new ownership by the end of this year.
  • The company, creditors and advisers are working to finalize the regulatory and approvals to enable the exit.

NMC Healthcare, the largest private healthcare company in the UAE, has posted gross revenue of $915 million for its UAE and Oman business in Q3, compared to $816m in 2020.

The company said that the number of patient encounters was 6.7 million, compared to 3.7 million in 2020.

The company said that by the end of this year, the NMC Group’s operating companies would exit administration and hand over the responsibilities to new ownership.

Hence, the company, creditors and advisers are working to finalize the regulatory and approvals to enable the exit of the group by 16 December 2021.

Joint Administrator of NMC PLC and NMC Healthcare Richard Fleming said they would ensure successful transfer of new NMC Health administration to its new owners.

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