CBAHI hosts phase 2 of medical coding program

Updated 15 April 2018
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CBAHI hosts phase 2 of medical coding program

The Central Board for Accreditation of Healthcare Institutions (CBAHI) recently organized in Riyadh the second phase of its training program specifically designed for qualifying certified medical coding professionals.

The program held at the Holiday Inn targeted medical coding professionals who are interested in providing remote coding services to the Saudi Ministry of Health (MOH). The program provided training in the International Classification of Diseases, Australian Amendment (ICD-10-AM). 

The medical coding program aims this year to qualify 75 medical coders to work in the Ministry of Health, in addition to the 25 individuals who were trained last year. This is the first-of-its-kind program to be held in the Kingdom and the whole region. 

Dr. Salim Abdullah Al-Wahabi, director general of CBAHI, said: “This is a totally matchless program we are most proud to initiate and launch. Having additional coders will hopefully support and help the MOH in sharing decisions, plans, policies, and resources utilization as well.” 

He added: “This program is in consistence with the Kingdom’s Vision 2030, and at the same time supports the National Transformation Program initiatives.” 

The Saudi Central Board for Accreditation of Healthcare Institutions (CBAHI) is the official agency authorized to grant accreditation certificates to all governmental and private health care facilities operating in the Kingdom. CBAHI has emerged from the Saudi Health Council as a non-profit organization. The principal function of CBAHI is to set the health care quality and patient safety standards against which all health care facilities are evaluated for evidence of compliance.

The foundation of CBAHI dates back to 2001 as the Makkah Region Quality Program (MRQP), an initiative aimed at improving quality of health care delivery in the Makkah region. In 2005, by a ministerial order, MRQP was advanced and named as the Central Board for Accreditation of Healthcare Institutions and its jurisdiction was expanded to the whole country. 


Ma’aden acquisition supports Vision 2030

Updated 24 April 2019
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Ma’aden acquisition supports Vision 2030

The acquisition of an African fertilizer distribution company by Ma’aden, the largest Saudi mining company, will advance Ma’aden’s Strategy 2025, which includes plans to expand operations in the Kingdom and grow sales globally. The acquisition will also support Saudi Arabia’s Vision 2030, which seeks to diversify the economy, increase non-oil exports, boost the Kingdom’s non-oil GDP, and reinforce the mining sector as the third pillar of Saudi industry, after oil and gas and petrochemicals. 

Ma’aden will make its first international acquisition with the purchase of the Mauritius-based Meridian Group, which is due to be completed by September for an undisclosed fee.

The publicly-listed Saudi mining company will acquire an 85 percent stake in the company in an all-cash deal that will provide one of the Middle East’s largest phosphate producers with 3,000 staff and a network of operations across southern Africa, from Malawi to Mozambique, Zimbabwe and Zambia. Phosphate is used to produce fertilizer that is essential in replacing the phosphorous mineral that is removed from soil when agricultural crops are harvested. 

“This acquisition marks a very important step in Ma’aden’s strategy to build global distribution channels for our fertilizer products,” said Darren Davis, president and chief executive of Ma’aden. “As we continue to build one of the largest producers and exporters of phosphate fertilizers in the world, ensuring an efficient route to key growth markets is critical to our success.” 

Agriculture forms a significant portion of the economies of all African countries. As a sector, it can therefore contribute to major continental priorities, such as eradicating poverty and hunger. The agri industry can also boost intra-Africa trade and investments, rapid industrialization and economic diversification, sustainable resource and environmental management, and create jobs, human security and shared prosperity.

The Southeast African market, like most of the African continent of 1 billion people, is experiencing increased demand for phosphate fertilizers which industry analysts expect to continue growing by 5 percent annually over the next decade, fueled by population growth and increasing education in the use of fertilizers.

“Ma’aden is acquiring unparalleled access to complementary distribution, blending and product-development capabilities in this fast-growth region,” said Hassan Al-Ali, Ma’aden’s senior vice president for phosphate. “This transaction will provide us with logistics advantages in Southeast Africa, and greater knowledge of on-the-ground customer requirements, both of which will be instrumental in better serving our customers.”

The Saudi global mining giant will secure the remaining 15 percent of Meridian’s equity over four years on agreed terms linked to the performance of the African company, which distributes approximately half-a-million tons of fertilizer through its network of granulation and blending plants, warehousing complexes and port facilities. 

HSBC acted as Ma’aden’s financial adviser on the deal and Baker McKenzie was the Saudi company’s legal adviser for this acquisition.