IFC to invest $ 3 million to improve access to medical diagnostics in Ghana

The International Finance Corporation (IFC) has signed a partnership agreement with South African radiology specialist Bergman, Ross and Partners Incorporated (BRP) to increase access to world-class medical diagnostic services in Ghana.

As part of the partnership, IFC would invest approximately $ 3 million in Quest Medical Imaging (QMI) to build new medical diagnostic facilities in Accra to complement an existing facility in the city that provides ultrasound, fluoroscopy, digital x-rays, a 3D mammogram, a computed tomography (CT) and magnetic resonance imaging (MRI).

Signing the partnership agreement in Accra, Ronke Ogunsulire, IFC Country Director for Ghana, said: “As we face the current emergency, IFC is also thinking beyond the pandemic.

He said IFC’s investment in expanding QMI has increased Ghana’s national capacity for diagnostic services and strengthened the resilience of its health system to cope with future stress.

He said BRP’s digital systems allow its radiologists to import images of remote locations for analysis, which should allow QMI to expand outside of Accra and into other parts of Ghana.

BRP was also training Ghanaian technicians to undertake world-class medical diagnostics.

Ms Ronke explained that IFC’s investment in QMI fell under the IFC’s Global Health Platform, which leveraged private investments to fill the huge healthcare supply gaps created by the pandemic. of COVID-19.

“This investment will be IFC’s third healthcare investment in Ghana since the start of the COVID-19 pandemic,” she said. “The combined value of these investments is over $ 10 million.”

Over the past decade, IFC has provided more than $ 4 billion in financing and advisory services to Ghanaian businesses in sectors such as agribusiness, education, energy, health, services finance, manufacturing, retail, tourism and transportation, ”she said.

The new facilities are expected to be operational by the end of 2022 and will help QMI serve more than 5,000 patients per month, up from 3,000 currently.

It will also increase the number of scanners and other diagnostic equipment in the country.

Jack Bergman, founder and managing partner of BRP, said the company had seen a 50% increase in demand for its services in the country since the start of the pandemic.
“We responded by expanding our operations to seven days a week. With the support of IFC, the new facilities will help us meet the needs of our patients for world-class medical diagnostic imaging and analysis, ”he said.

IFC is a member of the World Bank Group and is the world’s largest private sector-focused development institution in emerging markets.

It operates in over 100 countries, using its capital, expertise and influence to create markets and opportunities in developing countries.

“In FY2020, we invested $ 22 billion in private businesses and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and foster shared prosperity .

BRP was established in 1995 as a small radiology practice in Cape Town by Jack Bergman, Bergman, Ross and Partners Incorporated (BRP).

Currently, he is part of a group of 20 X-ray diagnostic centers in South Africa, where the company is headquartered, and in Ghana, serving more than 15,000 patients per month.

BRP’s operations in Ghana are conducted under a separate entity, Quest Medical Imaging Limited (QMI Ghana). BRP and QMI Ghana provide a full range of diagnostic services including ultrasound, magnetic resonance imaging, digital CT x-rays, fluoroscopy and mammography.

In its centers in South Africa and Ghana, BRP has treated more than 2,600 COVID-19 patients since the start of the pandemic.

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