Ecuador’s burgeoning healthcare industry is set to play an important role in supporting economic diversification and long-term macroeconomic growth, and there is certainly plenty of room to grow. Healthcare expenditure was just over $520 per capita in 2019, while insurance penetration was less than 1% of GDP in the same year. Sharp-eyed innovators like MediSystem are set to capitalize on the huge opportunities this presents.
Founded in 1993, MediSystem manages and invests in health-related businesses, and it is transforming the country’s health sector with a team comprising top-tier investors with deep experience in the healthcare and insurance industries. Partnerships have been a crucial part of Medisystem’s investors’ history, and its partners include Sura, the biggest Colombian financial group, Hospital Metropolitano, Inversiones Navarra, and the South African firm Discovery-Vitality, amongst others. Tech partners include IBM’s Watson and Apple. Through its corporate governance the company maintains a game-changing approach to delivering health services based in its core values: transparency, ethics, accountability and environmental care and sustainability.