Medicare Group

What Medicare Group does

Medicare Group Q.P.S.C. (المجموعة للرعاية الطبية) is a Doha-headquartered Qatari public shareholding company that operates the 250-bed multi-specialty Al-Ahli Hospital alongside three specialized outpatient centers — Al-Ahli Center for Healthy Nutrition (Hymia), Enaya Center for Healthcare Services, and Al-Ahli Center for Rehabilitation and Physiotherapy (Raya). The company serves the broader Qatari population of citizens, residents, and visitors requiring general and specialty medical care, and operates a referral channel with Hamad Medical Corporation (the public-sector provider) signed in July 2025. Medicare Group is listed on the main market of the Qatar Stock Exchange under ticker MCGS in the Consumer Goods and Services sector, has 251–500 employees, and is led by a board dominated by Qatar's Al-Thani family alongside three independent directors.

The group's revenue model is straightforward fee-for-service healthcare delivery, with no subscription or recurring-billing mechanics disclosed despite the source classification. Al-Ahli Hospital — the core asset — is positioned as a five-star hotel-like multi-specialty facility originally conceived in 1989, formally incorporated by Amiri decree in 1995, and opened in November 2004 after scaling from an initial 100-bed pediatric/obstetrics/gynecology plan to a 250-bed multi-specialty scope. The capital base is QAR 281,441,000 distributed across an equal number of QAR 1 shares, with a 25% cap on any single shareholder. The group returned a FY2025 net profit of QAR 76,011,600 (up 26.6% YoY), distributed a 22% cash dividend for FY2025, and has no parent company. Distribution is direct-to-patient through owned facilities, and the company has been actively rationalizing its footprint — closing the Al-Wakra Clinics and Emergency Unit in April 2024 as part of a restructuring that concentrates resources on the Doha flagship and specialized centers.

Name

Medicare Group

Legal name

Medical Care Group Q.P.S.C. (المجموعة للرعاية الطبية ش.م.ع.ق)

Website

https://medicare.com.qa

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

251–500 employees

Short description

Medicare Group (MCGS) is a Qatari public shareholding company operating the 250-bed Al-Ahli Hospital and three specialized centers (Hymia nutrition, Enaya healthcare, Raya rehabilitation) in Doha, serving Qatar's citizens, residents, and visitors with multi-specialty fee-for-service medical care.

Ownership category

akta.pro rank

Product category

Private Hospital Healthcare Services

NAICS

General Medical and Surgical Hospitals (6221), Hospitals (622)

SIC

Services-Hospitals (8060), Services-General Medical & Surgical Hospitals, Nec (8062)

akta.pro primary industry

International/Medical Tourism Hospital Systems (HLAFAAAN)

Keywords

• Private healthcare services
• Multi-specialty hospital
• Rehabilitation physiotherapy
• Nutrition dietetics
• Patient healthcare services

Headquarters

HQ city

Doha

HQ country

Qatar

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Healthcare Services Revenue: Medicare Group generates revenue primarily through providing healthcare services at its Al-Ahli Hospital and network of specialized healthcare centers. The company operates as a public shareholding company listed on Qatar Stock Exchange under symbol MCGS in the Consumer Goods and Services sector.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Medicare Group operates Al-Ahli Hospital, a 250-bed multi-specialty hospital in Doha, Qatar, delivering comprehensive medical, therapeutic, and preventive healthcare services. The company also operates three specialized healthcare centers: Al-Ahli Center for Healthy Nutrition (Hymia), Enaya Center for Healthcare Services, and Al-Ahli Center for Rehabilitation and Physiotherapy (Raya), collectively providing hospital care, dietary consultation, rehabilitation, and supplementary patient services to citizens, residents, and visitors of Qatar.

Product overview

Medicare Group operates as a unified healthcare platform centered around Al-Ahli Hospital, a 250-bed multi-specialty facility. The portfolio includes four distinct healthcare facilities: the core Al-Ahli Hospital providing comprehensive medical and therapeutic services, complemented by three specialized centers — Al-Ahli Center for Healthy Nutrition (Hymia) for dietary services, Enaya Center for Healthcare Services for additional patient care, and Al-Ahli Center for Rehabilitation and Physiotherapy (Raya) for therapeutic recovery. The company is expanding its healthcare footprint in Qatar.

Differentiator

Problem solved

Functional benefit

Brands

• Al-Ahli Hospital (المستشفى الأهلي): Leading healthcare center and flagship hospital of Medicare Group.
• Al-Ahli Center for Healthy Nutrition (Hymia) - حمية
• Enaya Center for Healthcare Services - عناية
• Al-Ahli Center for Rehabilitation and Physiotherapy (Raya) - رعاية

Products and services

• Al-Ahli Hospital (المستشفى الأهلي)

Quantifiable outcome

• Net profit growth of 26.6% in FY2025 compared to FY2024, reaching QAR 76,011,600
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• Hamad Medical CorporationcoreStrategic or Co-development Partner · 3 July 2025Comprehensive medical referral agreement signed between Al-Ahli Hospital (a branch of Medicare Group) and Hamad Medical Corporation. This partnership enables patient transfers and coordinated healthcare services between the two institutions, expanding the range of medical services available to patients.
• Qatar Central Securities Depository (CSD) / EdaaminorOthersPartnership with Qatar Central Securities Depository (Edaa) for managing annual cash dividend distribution operations. Edaa handles dividend payments to shareholders on behalf of Medicare Group pursuant to a dividend distribution agreement.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• NMC Healthcare: Major privately-held hospital operator across the UAE and wider GCC with comparable multi-specialty hospital offerings, public-company governance infrastructure, and GCC patient referral dynamics similar to Medicare Group's Qatar ecosystem.
• Hamad Medical Corporation: Qatar's largest public healthcare system and the dominant provider nationwide. While primarily a public-sector competitor, HMC is also Medicare Group's referral partner, making it the most significant competitive and counterparty force in the same market.
• Cleveland Clinic Abu Dhabi: UAE-based tertiary and quaternary-care facility under the Cleveland Clinic brand. Comparable as a flagship multi-specialty hospital in a GCC market offering premium inpatient services and complex care handling similar to Al-Ahli Hospital's positioning.
• King Faisal Specialist Hospital and Research Centre: Saudi Arabia's leading tertiary-care institution with a comparable specialty mix and a similar role in absorbing complex referrals from primary/secondary providers. Functionally analogous to the partnership dynamics Medicare Group has with HMC.
• Mediclinic International: Internationally listed hospital and clinic operator with significant Middle East (UAE) presence. Comparable as a publicly-listed multi-specialty hospital operator in the GCC region with similar governance and service-line economics.

Regional players

• Mouwasat Medical Services: Saudi-listed private hospital operator running multi-specialty facilities with comparable patient mix and publicly-listed governance. Similar in size, regional positioning, and specialization in tertiary and elective care.
• Aster DM Healthcare: GCC- and India-based hospital and clinic operator with multi-specialty facilities and shared medical service streams. Comparable in operating multi-specialty private hospitals serving expatriate and resident populations in the Middle East.
• Saudi German Hospital Group: Large GCC-focused private hospital network headquartered in Saudi Arabia with similar multi-specialty care model and Islamic-compliant financing structures. Comparable in scale, private-public referral patterns, and GCC healthcare positioning.

Direct peers

• Al Emadi Hospital: Doha-based private multi-specialty hospital offering a comparable range of inpatient and outpatient services to Qatar's resident population. Directly competes with Al-Ahli Hospital for private-paying patients and same specialty coverage.
• Doha Clinic Hospital: Established Qatari private hospital operating a similar multi-specialty model in Doha. Overlaps with Medicare Group on inpatient capacity, specialty clinics, and patient referral pathways within Qatar's private healthcare market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

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 Medicare Group