Addis Ababa, Ethiopia April 24, 2019—
IFC, a member of the World Bank Group, today signed an advisory services
agreement with Hallelujah General Hospital to promote improvements in patient
safety and quality assurance in Ethiopia.
IFC will work with the Hospital to assess
achievements and gaps in patient safety and quality assurance. The support
will enhance corporate processes, minimize patient safety risks, and make
the company more attractive to international partners, such as investors
and insurance companies.
Hallelujah General Hospital CEO Yetnayet
Eshetu said “Patient Safety is an essential aspect of risk management.
It is paramount for us to operate in line with international standards
and good practices. Hallelujah aspires to be a center of excellence and
a referral center for the patients in Ethiopia and from neighboring countries
who are travelling abroad seeking quality healthcare”.
World Health Organization (WHO) recognizes
patient safety as a serious global public health issue in developed and
developing nations. Estimates show that in high-income developed countries,
about one in 10 patients is harmed while receiving hospital care. A recent
Lancet study highlighted that in lower middle-income countries poor quality
of health services contributed to more deaths than lack of access to health
Adamou Labara, IFC Acting Country Manager
for Ethiopia, said “IFC is committed to promoting improvements in the
quality of health care service delivery as the foundation of better risk
management and stronger performance. We are rolling out the health care
quality advisory to help service providers implement best practices and
develop processes for high quality of care.”
Hallelujah General Hospital is the first
IFC partner in Ethiopia to receive a comprehensive assessment based on
IFC’s Healthcare Quality Tool. The Tool has been designed to address quality
challenges faced by health care service providers in emerging markets.
IFC will transfer knowledge to identified Hospital staff, and support development
of an evidence-based quality improvement plan. IFC expects to work with
other interested healthcare providers on health care quality and patient
safety as a part of broader IFC and World Bank engagement with health sector
in Ethiopia and to facilitate strategic development of health care sector.
IFC is the largest multilateral investor
in private healthcare in emerging markets, with over $4.3 billion financing
in over 200 projects as of June 30, 2017.
IFC—a sister organization of the World Bank
and member of the World Bank Group—is the largest global development institution
focused on the private sector in emerging markets. We work with more than
2,000 businesses worldwide, using our capital, expertise, and influence
to create markets and opportunities in the toughest areas of the world.
In fiscal year 2018, we delivered more than $23 billion in long-term financing
for developing countries, leveraging the power of the private sector to
end extreme poverty and boost shared prosperity. For more information,
About Hallelujah General Hospital
Hallelujah General Hospital provides a comprehensive
service at one place, from diagnosis to major surgeries. The hospital has
115 beds, out of which 96 beds are for Inpatients. For more information,