KFSH&RC CEO SHARES VISION AS TRAILBLAZER TO OPTIMISE HEALTHCARE SPENDING VALUE

KUALA LUMPUR, May 14 (Bernama) -- King Faisal Specialist Hospital and Research Centre (KFSH&RC) Chief Executive Officer (CEO), Dr Majid Al Fayyadh recently showcased the hospital’s journey since its inception in Riyadh almost five decades ago, highlighting how it has significantly reduced the need for patients to travel abroad for medical care.

During the Gulf Creatives Conference (GCC) at Harvard 2024, organised by The Diwan, an organisation run by Harvard University’s graduate students, Dr Al Fayyadh also discussed KFSH&RC's transformation into an independent, non-profit foundation.

He indicated that this move aligns with the organisation's strategic vision to become a global healthcare innovation leader, emphasising excellence, innovation, as well as investment in cutting-edge technology to tackle global health challenges.

“The Saudi Leadership has outlined a clear vision for KFSH&RC, mandated by a royal decree transitioning the hospital into an independent Sui Generis, non-profit foundation,” said Dr Al Fayyadh in a statement.

He further highlighted that this transformation seeks to elevate global healthcare standards through increased independence and flexibility.

This shift will allow the hospital to optimise existing services, pursue new opportunities, and direct resources toward initiatives that promote human health and well-being both within the Kingdom and internationally, in addition to reinforcing KFSH&RC's dedication to patient-centered excellence.

Dr Al Fayyadh pointed out that KFSH&RC envisions itself as a leader in maximising the value of healthcare spending, adhering to evidence-based practices to ensure optimal patient outcomes as it seeks to remain at the forefront of global healthcare innovation, with initiatives designed to increase health equity and access worldwide.

He also joined a panel discussion focusing on the evolving landscape of the healthcare sector and the positive outcomes of KFSH&RC’s ongoing transformation in patient care, while also highlighting the effective role of the hospital's transformative initiatives in aligning with the objectives of the Health Sector Transformation Program and Saudi Vision 2030.

KFSH&RC is dedicated to developing medical technologies and elevating healthcare standards worldwide, forging partnerships with leading local, regional, and international institutions to deliver world-class services in clinical, research and educational domains.

-- BERNAMA