Tawuniya's Meena Health plans to open up to 52 centers by 2027

22/10/2024 Argaam Special
Logo ofMeenaHealth Co.

Logo of Meena Health Co.


Meena Health Co., fully owned by The Company for Cooperative Insurance (Tawuniya), is set to expand its presence across various regions of the Kingdom, with plans to open between 46 and 52 centers by 2027, CEO Mohanned Al-Saab told Argaam.

 

In his interview during the Global Health Exhibition, Al-Saab noted that the company, established in 2023 and currently based in Riyadh, plans to expand into Jeddah and the Eastern Province by mid-2025, with its capital amounting to SAR 500 million.

 

For more news and details on the projects

 

He emphasized that the healthcare sector in the Kingdom is witnessing a surge in demand for primary healthcare services, driven by the need to enhance patient access and alleviate pressure on advanced hospitals.

 

The primary healthcare market is estimated to be worth approximately SAR 14 billion, and Meena Health aims to capture a market share of 20% to 30% over the next decade, the CEO noted.

 

Al-Saab highlighted that Meena Health is integral to Tawuniya’s strategy of providing a comprehensive range of services, which includes healthcare as well as other insurance types, such as automotive and general insurance.

 

Additionally, he outlined the company's ambitions to expand into home healthcare and digital health services.

 

Meena Health established 27 strategic partnerships with healthcare providers, digital solution providers, and medical device suppliers, along with launching a health academy to train specialized medical staff in primary healthcare.

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