The SAMRIDH Healthcare Blended Finance Facility, a multi-stakeholder innovation and financing platform supported by the United States Agency for International Development (USAID) and implemented by IPE Global, has provided financial assistance of INR 2 Cr to CIPACA, a leading service provider for Intensive Care Units (ICU) in rural India. The assistance is provided as a Recoverable Grant and is being used to set-up ICUs in partnership with small hospitals in the district, towns, and taluks in Uttar Pradesh, Jharkhand, Chhattisgarh, Bihar, and Maharashtra.
Dr. Raja Amarnath, MD, CIPACA, emphasizes the importance of this collaboration stating, "CIPACA works with the motto to help its partner hospitals become more self-reliant. At every Taluk level, there is a great need for tertiary-level ICU care services. We can save more lives by setting up ICUs in these smaller towns and treating patients well during crucial hours.”
Himanshu Sikka, Project Director of SAMRIDH and Chief Strategy and Diversification Officer at IPE Global, underscores the transformative impact of collaboration, stating, “SAMRIDH’s partnership with CIPACA exemplifies our commitment to ensure access to critical care services through strategic alliances, powered by effective market solutions and innovative finance models.”
This strategic collaboration between SAMRIDH and CIPACA is set to usher in a new era of quality healthcare, providing people in rural areas with timely critical medical facilities within reach. This initiative will strengthen the infrastructure and operations of selected hospitals, establishing them as Centers of Excellence for ICU care and providing accessible and affordable healthcare solutions to underserved communities.