KFSH&RC" is Heading for Investing in Long-term Care and Rehabilitation Hospitals




King Faisal Specialist Hospital & Research Centre is heading towards investments in the long-term care and rehabilitation hospitals which are of low number in the Kingdom of Saudi Arabia. The Hospital plans to build local and international investment alliances within the frameworks of effective initiatives as part of the Kingdom’s 2030 Vision in connection with the provision of medical and health care.


In this regard, King Faisal Specialist Hospital & Research Centre (Gen. Org.) represented by the King Faisal Specialist Hospital International Holding Company, the investment arm of the Organization, has recently signed a memorandum of understanding with an alliance including Al Olayan Group and Select Medical. The memorandum aims to invest in developing long-term medical care and rehabilitation hospitals.


The signing ceremony was witnessed by Dr. Majid Al Fayyadh, CEO of King Faisal Specialist Hospital & Research Centre (Gen. Org.), Chairman of the King Faisal Specialist Hospital International Holding Company, and Mr. Saamer Al Khawashki, President of Al Olayan Group, and Mr. Chris Carey, Director of International Projects at Select Medical.


Select Medical is a leading company specialized in rehabilitation and long-term medical care and operates more than 1600 outpatient rehabilitation centers and 130 specialty hospitals for rehabilitation and long-term care across the United States.


Dr. Saud Al Samaan, the Executive Director of King Faisal Specialist Hospital International Holding Company, confirmed that this agreement is part of building successful partnerships with the private sector in the Kingdom as well as international companies with leading experiences in health care, in order to implement health care privatization on solid and effective foundations to meet the growing demand on health services and face future challenges in this field.


According to preliminary estimates, the Kingdom should develop rehabilitation and long-term care hospitals to cover a need of 3000 beds in rehabilitation and 2800 beds in long-term care. 


Dr. Ziad Al Rayes, Director of Business Development at the KFSH&RC, explained that rehabilitation and long-term care are an integral and essential component of health care for people with chronic neurological or respiratory diseases and cancer patients who require palliative care, or people suffering disabilities due to car accidents, or patients who need long-term intensive care.