HHH is a major private healthcare company providing international standard healthcare services in China through the operations of United Family Healthcare (“UFH”) network hospitals and affiliated clinics. Roberta Lipson is the founder.

HHH is a longstanding IFC partner who is a standard setter and a pioneer in innovative integrated healthcare model in the China market. HHH is now expanding its innovative approach to comprehensive healthcare beyond its traditional market in Beijing and Shanghai.

The total expected Project cost is around US$120 million to support the Company expansion in Guangzhou. The proposed IFC investment package consists of a senior loan of up to US$40 million from its own accounts and US$20 million senior loan from Managed Co-Lending Portfolio Program (MCPP) where IFC is acting as the implementing entity.

60.0 million (USD)

Product Line	IFC Investment (million USD)
Risk Management
Guarantee
Loan	60.0
Equity

* These investment figures are indicative

The project will be located in Guangzhou, Guangdong Province, China.

Pioneering integrated care system: China is shifting towards an integrated care model as a key method to improve quality at improved efficiencies. HHH has pioneered this model by being one of the first providers in China to build primary care clinics and establish a home health care system. The government has examined HHH''s model as a case study of how primary and home care can be done in an integrated model.
Quality improvement: The Project is expected to enhance China''s medical infrastructure and improve access to high-quality services. HHH''s new facilities are designed to offer services at a lower price point, and are also having a demosntration impact by spurring improvements in quality standards of new and existing private sector providers.
Standard setting: As a leading private healthcare network in China, HHH serves as a model for the provision of quality health services and has played an instrumental role in setting standards for the local healthcare sector. HHH pioneered JCI quality accreditation in China, which has had a demonstration impact in spurring other hospitals to also adopt international standards.
Training of Healthcare Professionals: HHH played a key role through its extensive training programs to expose the local medical staff to international practices. HHH is also planning to establish a medical school in China.
Gender promotion: HHH is a pioneer in promoting women in its workforce. Given HHH''s prominent influence within China''s healthcare sector, the success of the company''s female-led model can have an important demonstration effect.
Knowledge sharing: HHH can share knowledge in China as well as other emerging markets. it has signed operation contract with Intermed, which is an IFC invested hospital in Mongolia, to manage the hospital and conduct knowledge transfer.
Employment generation: The expansionary aspects of this project will provide employment opportunities to healthcare workers

Long term financing: IFC will provide long term capital which matches the Project''s cash flow. The long term debt financing provided by IFC is also not readily available in the China market.
Global industry expertise: IFC will share its global experience and industry knowledge in the healthcare sector including best practices and the latest development trends. The client will also benefit from IFC''s global healthcare network for potential business opportunities and collaborations.
Long term partnership for expansion: IFC has developed a long term partnership, supporting the client''s expansion since 2005 into new fields.

The project may result in a limited number of potentially adverse E&S impacts, which can be avoided or mitigated by adhering to generally recognized performance standards, guidelines, or design criteria. On this basis, this project is therefore classified as a Category B project according to IFC’s Policy on Environmental and Social Sustainability and Performance Standards.

Please refer to the related Environmental and Social Review Summary (ESRS) document for this project.

Please refer to the Environmental and Social Action Plan (ESAP) tab in the related Environmental and Social Review Summary (ESRS) document for this project.