BusinessMain News

JCIF acquires 27% stake in NatHealth to support Jordan’s healthcare innovation and job creation

By : JD News Editor


Jordan Daily – Jordan Capital and Investment Fund (JCIF) said it has acquired a 27% stake in National Health Insurance Administration Co. PSC (NatHealth), a leading third-party administrator (TPA) in Jordan, in a move aimed at supporting the company’s regional expansion and technological development.

NatHealth, which has operated in Jordan’s medical insurance market for more than 27 years, manages claims for over 65 insurers and self-insured funds, serving more than 400,000 subscribers across Jordan, Palestine and Iraq. The company’s network includes more than 10,000 healthcare providers, from hospitals to clinics and individual practitioners.

JCIF Chairman Hani Qadi said the investment underscores the fund’s commitment to supporting high-growth Jordanian companies and fostering innovation. “Our investment will provide NatHealth with the resources needed to further scale its operations in Jordan and the region,” Qadi said in a statement.

NatHealth Chairman Karim Kawar said the partnership would help accelerate the company’s use of artificial intelligence to detect fraudulent claims and improve operational efficiency. “JCIF brings institutional credibility and strategic insight that will be invaluable as we pursue our growth plans,” he said.

NatHealth CEO Ahmad Tijani said the company’s transition to a paperless model and focus on AI-driven analytics had strengthened profitability and service delivery. JCIF CEO Faris Sharaf added that NatHealth’s scalable business model positioned it well for further regional expansion.

JCIF, Jordan’s largest licensed private-sector investment fund with capital commitments of JOD 275 million ($388 million), has so far invested JOD 111 million ($157 million) in sectors including food, agriculture, information technology, education and manufacturing.

Back to top button