PharmAccess mobilizes public and private resources for the benefit of doctors and patients through clinical standards and quality improvements, loans for healthcare providers, health insurance, mHealth innovations and operational research.
July 2020 – CDC publishes research insight into impact of the Medical Credit Fund (MCF). As a long time investor of MCF, CDC set out to examine the impact of MCF’s credit financing on business and clinical outcomes at healthcare facilities in Kenya with an MCF loan.
Over 100 field interviews with healthcare facilities took place with the aim to understand the role credit financing can play in strengthening the healthcare system within Kenya. The results of the study are outlined in their latest Insight report ‘What is the impact of improved access to finance for healthcare facilities in Kenya?’
Overall, the study found that MCF loans are an important source of finance for healthcare facilities and that 80 percent of clinics taking up loans from MCF show solid improvements in their SafeCare ratings, an indication of the quality of care and clinic management. All MCF clinics surveyed were able to increase the number of patients served by 20 percent per year as well as grow staff numbers and revenues.
