Baltimore-based Johns Hopkins Medicine is launching a joint venture in Saudi Arabia with Saudi Aramco, an oil and natural gas company owned by the Saudi Arabian government, according to a JHM news release.
Together, the organizations will deliver high-quality healthcare to Saudi Aramco's employees and their families, according to a news release. The joint venture, called the Johns Hopkins Aramco Healthcare Company, will begin operations in February 2014.
Throughout more than 80 years, Saudi Aramco has established comprehensive healthcare system for its employees and their beneficiaries, and it was also instrumental in building one of the first hospitals in Saudi Arabia, according to the release.
"Together, we will be greater than the sum of our parts, because this joint venture combines Saudi Aramco's existing health system with the transformative science, clinical care and education that Johns Hopkins is known for," Paul B. Rothman, MD, dean of the medical faculty and CEO of Johns Hopkins Medicine, said in the release.
More Articles on Hospitals and International Partnerships:
8 Health Systems That Created International Partnerships in 2013
International Partnership Opportunities Gaining Interest, But Challenges Await Hospitals
Johns Hopkins, Hospital Moinhos de Vento in Brazil Form Partnership