ECONOMYNEXT – International Finance Corporation (IFC), a member of the World Bank group and Sri Lankam conglomerate Hemas Holdings have partnered to provide an affordable and quality health-care through digital technology supported by local management consultancy, L.E.K Consulting, the IFC said in a statement.
“Sri Lanka will be the first country to benefit from an IFC global initiative designed to boost access to affordable and quality health-care,” the IFC said in a statement.
The initiative is named to be Global Digital Health Platform (DigiHealth) which will commence in Sri Lanka, is expected to create a platform to partner with healthcare organizations to develop, implement and finance digital transformation strategies.
DigiHealth is to offer a range of digital healthcare solutions including medical care, health education, health information services via telehealth, specialist healthcare via telemedicine, and the means for health-care providers to transform their processes through automation, digitization and advanced analytics.
“Easy access to quality healthcare services has become increasingly important in a post-COVID world, especially for vulnerable communities,” aid Kasturi Chellaraja Wilson, Group CEO of Hemas.
“We hope that with IFC’s backing, we will be able to ensure that DigiHealth will play a pivotal role in ensuring that all Sri Lankans will have access to quality healthcare at their fingertips.”
A grand view research conducted had expected digital health systems globally to reach $95 billion in 2018 and reach $509 billion by 2025.
However, with the pandemic in play, targets an expectation of long-term growth has been channeled for the digital health industry with possibilities to raveling up changes for the industry as a whole.
“The DigiHealth platform is IFC’s response to the rising demand for digital health services, which aim to be delivered at a higher quality and lower cost, which is needed in a country like Sri Lanka were existing private sector players have limited reach,” said Rana Karadsheh, Regional Industry Director for Manufacturing, Agribusiness and Services at IFC Asia Pacific.
Sri Lanka is increasingly facing shortage of medical practitioners as more senior consultants and doctors leave the country in the face of the economic crisis while the government policy to reduce the retirement age also has cut down the number of medical practitioners. (Colombo/Sep24/2022)