NEWS: The World Bank Group, Japan - The Government of Japan, and the World Health Organization launched the Health Works Leaders Coalition—bringing together health & finance ministers, global health agencies, philanthropies, business, and civil society to invest in health systems for growth, jobs, and resilience. http://wrld.bg/GBl350XcQ99
IFC Health
International Trade and Development
Washington, District of Columbia 21,486 followers
Advancing access to quality health care across emerging markets.
About us
IFC promotes access to quality healthcare in developing countries. With over two decades of experience, IFC has invested $3.6 billion in the private health sector in emerging markets.
- Website
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http://www.ifc.org/health
External link for IFC Health
- Industry
- International Trade and Development
- Company size
- 1,001-5,000 employees
- Headquarters
- Washington, District of Columbia
Updates
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IFC Health reposted this
It was a great day discussing healthcare at The Economist Impact’s Future of Health Asia, which is becoming a important event for the region’s healthcare leaders. I had the privilege of participating in a panel titled “New World Order: Rethinking Healthcare Financing in an Era of Trade Wars.” This timely topic is evolving rapidly as trade tensions and tariffs impact global and regional health systems. Key trends we are seeing include: - Companies are shifting or expanding production from China to Vietnam, Malaysia, India, and Indonesia to mitigate supply concentration risks. - The transition from “just in time” to “just in case” is fostering redundancy and regional capacity-building. - Many Asian governments are supporting “China+1” strategies through investment incentives and industrial policy. - There is an increasing awareness of the risks associated with overdependence on imports for critical medical goods, prompting domestic manufacturing initiatives in vaccines, diagnostics, and pharmaceuticals. Country approaches vary based on economic position and market size, including: - Incentives for local production - Special economic zones (SEZs) - Local content rules - Leveraging public-private partnerships (PPPs) - Restructuring universal health coverage schemes to enhance efficiency and fiscal sustainability - A stronger focus on preventive care is crucial to reduce long-term system costs and improve population health outcomes. Policymakers and investors must recognize the connection between a healthy population and economic productivity, as robust health systems are vital for long-term economic growth. Thank you to my fellow panelists for making this an engaging experience. Aniruddha Patil; Muhammed Anis Bin Abd Wahab; Weiyang Cheong; Dr. Neeladri Verma
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IFC Health reposted this
𝗦𝗸𝗶𝗹𝗹𝘀 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗯𝗿𝗶𝗱𝗴𝗲 𝗳𝗿𝗼𝗺 𝗴𝗿𝗼𝘄𝘁𝗵 𝘁𝗼 𝗷𝗼𝗯𝘀. At today’s Human Capital Ministerial Conclave, leaders from more than 30 countries came together with one message: 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗶𝗻 𝗽𝗲𝗼𝗽𝗹𝗲—𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗵𝗲𝗮𝗹𝘁𝗵, 𝗲𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻, 𝗮𝗻𝗱 𝘀𝗸𝗶𝗹𝗹𝘀—𝗶𝘀 𝗵𝗼𝘄 𝘄𝗲 𝗽𝘂𝘁 𝗵𝘂𝗺𝗮𝗻𝘀 𝗮𝘁 𝘁𝗵𝗲 𝗰𝗲𝗻𝘁𝗲𝗿 𝗼𝗳 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁. When we launched the Human Capital Project seven years ago, the goal was simple: to make sure development is not just about infrastructure or finance, but about people—their knowledge, health, and ability to thrive. We’ve made progress, but not enough. Conflict, pandemics, and fiscal pressures have slowed momentum. Too many young people still lack the skills and opportunities to reach their potential. Jobs cannot grow without skills—and skills are as vital as roads or power grids. They are the infrastructure of the future. There is urgency to act. Governments, the private sector, and civil society all have a role to play in accelerating investment in human capital. I was honored to open today’s discussion with Singapore's President Tharman, partners, colleagues committed to building a world where every person has the chance to succeed. http://wrld.bg/yyF750XcQ7B #SkillsForJobs #InvestInPeople #WBGMeetings
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Ajay at the #WBGMeetings civil society forum shares why job creation is the ultimate goal of all The World Bank Group development efforts.
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𝑨𝒈𝒓𝒊𝑪𝒐𝒏𝒏𝒆𝒄𝒕, a The World Bank Group initiative to turn small-scale farming into an engine of lasting growth, job creation, and food security. By 2050, we’ll need 30% more food. AgriConnect explores how agribusiness can meet demand, while driving economic growth and creating jobs. To learn more, watch our #WBGMeetings event replay: http://wrld.bg/VKhe50Xbhhq
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Join the conversation Friday, October 17 at the #WBGMeetings plenary in Washington, D.C., featuring Ajay, Annual Meetings Chairman Olavo Avelino Garcia Correia, & International Monetary Fund Managing Director Kristalina Georgieva. 🔗 http://wrld.bg/bsig50XbH0U
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Dispatches from the #WBGMeetings discussing the health sector as a pathway to jobs.
Yesterday at the #WBGMeetings, I had the pleasure of joining a Knowledge Café discussion on “Health as a Job Creation Engine—From Local Manufacturing to Future-Ready Workforces.” What if every investment in health could also drive economic opportunity? Poor health already reduces global GDP by 15% each year—yet by 2030, 40 million new health jobs will be needed worldwide, most of them in developing countries. Alongside Driss ZINE-EDDINE EL-IDRISSI (The World Bank) and Rubayat Khan (The Endless Network (TEN VC), we explored two pathways: 💊 Investing in local manufacturing can strengthen health systems while creating sustainable industries and skilled jobs. 💻 Artificial intelligence and digital tools can upskill health workers and reimagine the workforce of the future. These conversations are central to the World Bank Group’s goal of helping 1.5 billion people access quality, affordable healthcare by 2030—and to rethinking health as both a human and economic priority. #IFCHealth Mirja Sjöblom, PhD Aliza Marcus Melina Fleury Franco @Katherine Lena Hudak
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Exciting news of a partnership with POLMED S.A. to strengthen health systems in Poland.
INVL Private Equity Fund II, the largest private equity fund in the Baltics, managed by the Invalda INVL Group, together with the IFC - International Finance Corporation (IFC), a member of the World Bank Group, and Accession Capital Partners (ACP) have signed an agreement to invest in POLMED S.A. POLMED is one of Poland’s largest private providers of multi-profile medical services. The consortium will provide expansion capital to finance the acquisition of KN Group, a leading privately-owned oncology centre. Upon completion, this will mark one of the first two acquisitions by the INVL Private Equity Fund II. Luke Staniczek, Investments Lead in Poland at INVL Private Equity Fund II, noted: “Our journey with InMedica proved that with the right support, a healthcare provider can grow into a national leader and deliver outstanding results for everyone – shareholders, patients and healthcare ecosystem as a whole. We are confident that POLMED, its founders and their team all have the same potential in Poland, and we look forward to supporting their growth and building our success story together.” Read more: https://lnkd.in/d6W2QrFE #invaldainvl #privateequity #fund #agreement #investment #medical #acquisition #POLMED
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What drives Africa’s jobs? Reliable energy, regional markets & bold policies. Tune in Oct 18, 9:30 AM ET to hear African leaders & The World Bank experts share solutions. 📺 Watch live: http://wrld.bg/2Fm050X922s #AfricaSOR #WBGMeetings
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Latest blog from Charles Dalton, Principal Health Specialist, on the role of effective change management for health system strengthening. #IFCHealth
Change management is a vital but often misunderstood discipline in the context of implementing complex organizational change—especially within health system strengthening efforts at a time of significant fiscal constraints and rapid digital adoption across LMICs and other settings. Change management matters in health systems. Effective change management enables organizations to: - Navigate fiscal limitations and economic pressures by prioritizing and executing change initiatives efficiently. - Align staff, leadership, and stakeholders with revised processes, new technologies, and updated ways of working. - Support digital adoption and integration, ensuring that new tools are embraced and used to their full potential. - Mitigate risks of project failure, financial waste, and staff disengagement—factors that can undermine both immediate reforms and long-term system resilience. Without structured change management, health systems face increased risk of: - Failed projects and initiatives with limited benefit realization and escalating costs due to poor execution and financial overruns. - Lack of stakeholder support, leading to stalled or derailed transformation efforts. - Reduced quality of care, patient safety incidents, and disrupted services caused by communication gaps and poor planning during change. - Workforce resistance, diminished morale, and higher turnover as changes are imposed rather than collaboratively implemented. - Regulatory breaches, particularly when changes are rushed or compliance needs are overlooked. - Data security and privacy issues, especially in digital health projects, if stakeholders are not adequately prepared or trained. - Lost productivity and efficiency due to process disruptions and unclear workflows. - Eroded stakeholder trust and reputational harm stemming from unaddressed concerns and insufficient engagement. Understanding the value of comprehensive change management is essential. A well-applied change management program aligns people, processes, and technology, contributing to: - Smoother transitions with fewer errors and disruptions. - Sustained improvement in patient and workforce outcomes. - Increased capacity for innovation and future reform. - Greater return on investment, safeguarding financial and human resources. In summary, effective change management is essential for health system strengthening. It can protect investments, building organizational capability, and ensure health system reforms deliver real, lasting benefits for patients, staff, and stakeholders—while its absence poses significant risks at every level.