Evercare Group

What Evercare Group does

Evercare Group is an impact-driven, privately held integrated healthcare investment platform that operates hospitals, clinics, and diagnostic centers across emerging markets in Africa and South Asia. The group runs four core operating brands: Avenue Healthcare (3 hospitals with 300 beds and 15 clinics in Kenya), Islamabad Diagnostic Centre (82+ diagnostic centers across 25 cities in Pakistan, growing weekly), Evercare Hospital Lahore (270-bed multi-specialty hospital in Pakistan), and Evercare Hospital Lekki (165-bed multispecialty tertiary care hospital in Nigeria). The platform delivers general and specialist inpatient, outpatient, diagnostic, and home-care services, with telemedicine extending reach beyond physical facilities.

The group operates a direct-to-consumer business model, generating revenue from patient services across its owned facilities, and pursues a "double bottom line" mandate balancing financial returns with social impact. It is backed by The Rise Fund, a private equity firm focused on impact investing, and in July 2026 was integrated into the newly formed Aster DM Quality Care Limited following the merger of Aster DM Healthcare and Quality Care India Limited, consolidating Evercare alongside CARE Hospitals, KIMSHEALTH, and Aster DM under Blackstone ownership (39 hospitals, 28 cities, over 10,600 beds). Proprietary operating frameworks (HumanCareX, E³ Hub, Evercare Academy) and strategic partnerships (MED-EL for hearing care, Indus Health Plus for referral distribution, IFC for development capital) support the platform's expansion and clinical governance.

Name

Evercare Group

Legal name

Evercare Group Management Limited

Website

https://evercaregroup.com

Company type

Private

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Evercare Group is a private, PE-backed (Rise Fund) integrated healthcare platform operating hospitals, clinics, and diagnostic centers across Kenya, Nigeria, and Pakistan, serving patients in emerging markets through Avenue Healthcare, IDC, and Evercare Hospitals.

Ownership category

akta.pro rank

Product category

Hospital Healthcare Services

NAICS

General Medical and Surgical Hospitals (6221), Specialty (except Psychiatric and Substance Abuse) Hospitals (622310), Home Health Care Services (621610), All Other Outpatient Care Centers (621498)

SIC

Services-General Medical & Surgical Hospitals, Nec (8062), Services-Hospitals (8060), Services-Home Health Care Services (8082)

akta.pro primary industry

Care Management & Care Coordination (Home & Community-Based) (HLAFAEAL)

Keywords

• Integrated healthcare delivery
• Hospital network operations
• Diagnostic imaging services
• Emerging market healthcare
• Multi-specialty hospitals

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Hospital Services: Inpatient and outpatient hospital services across multi-specialty hospitals offering clinical, diagnostic and treatment services.
2. Diagnostic Services: Comprehensive diagnostic testing including imaging and lab services through Islamabad Diagnostic Centre network.
3. Clinic Services: Outpatient and home service care through clinic networks including Avenue Healthcare's 15 clinics in Kenya.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Evercare Group operates an integrated network of owned hospitals, clinics, and diagnostic centers across emerging markets in Africa and South Asia. It delivers general and specialist inpatient, outpatient, home service, and diagnostic care through brands such as Avenue Healthcare in Kenya, Evercare Hospital Lahore and Islamabad Diagnostic Centre in Pakistan, and Evercare Hospital Lekki in Nigeria. The group serves as a direct healthcare provider backed by a for-profit and social impact (double bottom line) investment model.

Product overview

Evercare Group operates a platform of four distinct healthcare brands across emerging markets in Africa and South Asia: Avenue Healthcare (Kenya hospital network with 300 beds and 15 clinics), Islamabad Diagnostic Centre (Pakistan diagnostic services across 82+ centers), Evercare Hospital Lahore (270-bed multi-specialty hospital), and Evercare Hospital Lekki (165-bed tertiary care hospital in Nigeria). The Group functions as an integrated healthcare investment platform offering general and specialist inpatient, outpatient, home care, and diagnostic services through its portfolio of hospitals and clinics.

Differentiator

Problem solved

Functional benefit

Brands

• Evercare Foundation: A non-profit organization aiming to fulfil the promise of the 2030 UN Sustainable Development Goals to ensure healthy lives and promote wellbeing for all, focusing on women and children's health in low and middle-income countries.
• HumanCareX
• E³ Hub
• Evercare Academy

Products and services

• Avenue Healthcare Diversified healthcare service provider offering comprehensive general and specialist inpatient, outpatient, and home service care across three hospitals (300 beds) and 15 clinics in Kenya.
• Islamabad Diagnostic Centre Pioneer in Pakistan's diagnostic testing services, operating across 25 cities with over 82 diagnostic centers and growing weekly; provides comprehensive state-of-the-art imaging and lab services.
• Evercare Hospital Lahore Multi-specialty, 270-bed modern hospital in Pakistan offering high-quality and affordable clinical, diagnostic, and treatment services.
• Evercare Hospital Lekki 165-bed, purpose-built multispecialty tertiary care hospital in Nigeria offering care across a range of specialty medical and surgical services.

Quantifiable outcome

• Transforming health and wellbeing of residents by providing access to services they may not have had access to previously

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Indus Health PluscoreStrategic or Co-development Partner · 17 May 202312-month exclusive partnership to extend healthcare services to beneficiaries of Indus Health Plus at Evercare facilities across their network.
• MED-ELcoreStrategic or Co-development PartnerEvercare Group and MED-EL partnership to extend hearing care services at Evercare Hospital in Lagos, Nigeria, with plans to expand to other countries where Evercare operates. This partnership addresses congenital hearing impairment through cochlear implant procedures.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Netcare Limited: Leading South African private hospital network. Comparable as an integrated hospital and emergency services operator serving an emerging market, with similar capital-intensity and regulatory dynamics.
• Indus Hospital & Health Network: Major Pakistani not-for-profit hospital network offering free, quality healthcare. Comparable regional peer to Evercare's Pakistani operations in terms of patient demographics and clinical scope, with a contrasting impact-driven no-fee model.
• Life Healthcare Group: Major South African private hospital and healthcare services group. Comparable private hospital operator model serving an emerging market, though concentrated in Southern Africa rather than East/West Africa and South Asia.

Broad incumbents

• Max Healthcare Institute: Leading Indian tertiary and quaternary care hospital network. Comparable to Evercare in multispecialty hospital delivery, quality positioning, and PE-style capital structure.
• Mediclinic International: International private hospital group operating in Southern Africa, the Middle East, and Europe. Comparable as a multispecialty hospital operator with PE-backing, focused on emerging and mid-income markets.
• Apollo Hospitals Enterprise: One of Asia's largest hospital operators with a multispecialty, multi-country footprint. Highly comparable to Evercare as an integrated hospital platform now embedded in the same Aster DM Quality Care consortium following the 2026 merger.

Direct peers

• Aster DM Healthcare: Direct peer and now merger counterparty. Operates hospitals, clinics, and diagnostic centers across the Middle East, Africa, and India — overlapping with Evercare on geography, service mix, and emerging-markets focus.
• CARE Hospitals (Quality Care India): Indian multispecialty hospital chain now part of the same Aster DM Quality Care merged entity. Direct peer in scale, clinical offering, and emerging-markets PE ownership.
• The Nairobi Women's Hospital: Kenyan private hospital operator with overlap to Evercare's Avenue Healthcare footprint. Notably named alongside Evercare in the ICIJ investigation into patient billing and detention practices, making it the most directly comparable peer on operational and reputational dimensions.
• KIMSHEALTH: Indian hospital chain with significant South India presence, now part of the same Aster DM Quality Care merger. Comparable multispecialty operator with similar impact-and-quality positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/evercareg

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Evercare Group