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Dubai, UAE. Oct 17th, 2024 — Access announced recently that they have received a Letter of Intent (LOI) from Global Excel Management (GEM), a leading global company specializing in cost containment, claims management, and medical assistance services.
GEM’s intent to acquire a significant minority stake in Access highlights the mutual vision for creating impactful synergies and expanding access to innovative healthcare solutions, particularly in the fast-growing GCC market.
With corporate clients in more than 90 countries, GEM is a world-class provider of cost control services, processing over $1.9 billion in healthcare claims annually. GEM extensive experience will be instrumental in furthering Access’s mission to deliver high-quality healthcare solutions.
Reg Allat, Executive Chairman of GEM, commented, “this strategic partnership aligns perfectly with our goal to deliver innovative healthcare solutions. We are excited about the synergy that this collaboration will create, especially in expanding GCC market access and improving healthcare delivery.”
Fraser Gregory, Chairman of Access Net Health, added, “We are thrilled to partner with GEM, whose global expertise will play a crucial role in expanding our healthcare offerings. This partnership is key to accelerating our growth and reinforcing our commitment to providing innovative, accessible healthcare solutions across the GCC.”
This strategic collaboration is set to significantly strengthen Access’s operational capacity and market reach, positioning it to drive value and innovation across the region.