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Highlights
- The new Group Purchasing Organization (GPO) aims to enhance quality and reduce cost of healthcare product procurement
- Healthcare providers will now benefit from more effective and reliable procurement services
ADQ, one of the region's largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi's diverse economy, has announced the launch of Rafed, a new Group Purchasing Organization (GPO) to manage and develop the procurement of healthcare-related products and services.
Rafed will initially be responsible for the primary procurement needs of Abu Dhabi Health Services Company (SEHA), which include supplier sourcing and contract management, procurement ordering services, warehousing, and distribution. In the future, Rafed will also aim to incorporate other local and regional healthcare providers into its procurement programme.
The long-term aim of Rafed is to ensure the availability and quality of essential goods and services for the healthcare sector, which include pharmaceuticals, equipment and consumables. In doing so, it will seek to reduce operating costs for healthcare providers and ensure effective procurement and delivery mechanisms by establishing competitive contracts with leading suppliers. Rafed will also collaborate with healthcare regulators on the implementation of enhancement initiatives.
Through a GPO model, members of Rafed will experience a higher level of savings and more efficiency to the overall healthcare product and equipment purchasing process. Rafed will also enhance the supply chain for its member organisations by providing greater reassurance of availability and delivery, and a reassurance on the source of supply. Additionally, the new entity will help to convert individual contracts currently being managed on a facility-by-facility basis to become part of a larger and more coordinated approach in which economies of scale help to reduce cost and enhance security of supply.
Abu Dhabi Health Services Co. (SEHA), the UAE's largest and most comprehensive healthcare network, and National Health Insurance Company (Daman), which the UAE's leading health insurer, are also part of ADQ's healthcare portfolio.
About ADQ
Established in 2018, ADQ is an Abu Dhabi-based investment and holding company with a broad portfolio of major enterprises. Its investments span key sectors of the UAE’s diversified economy including energy and utilities, food and agriculture, healthcare and life sciences, and mobility and logistics, amongst others. As a strategic partner of Abu Dhabi’s government, ADQ is committed to accelerating the transformation of the Emirate into a globally competitive and knowledge-based economy.
For more information, visit adq.ae or write to media@adq.ae. You can also follow ADQ on X, Instagram and LinkedIn.
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