ICOR - Instituto do Coração

What ICOR - Instituto do Coração does

ICOR - Instituto do Coração is a non-governmental, non-profit cardiac institute headquartered in Maputo, Mozambique, founded in June 2001 by the local NGO Amigos do Coração in partnership with four European foundations — Chaîne de L'Espoir (France), Cadeia da Esperança (Portugal), Chain of Hope (UK), and Fondation Petit Coeur (Switzerland). It operates as the only cardiac surgery and catheterization center in Mozambique with 24/7/365 emergency myocardial infarction treatment capability, serving underprivileged Mozambican children with congenital and rheumatic heart disease as its primary population and adult cardiac patients as a secondary, paying segment. Clinical operations span open-heart surgery, interventional cardiology (mitral valve dilation, congenital defect closure, coronary angiography), diagnostic imaging (3 Tesla MRI, CT, echocardiography, X-ray, endoscopy), a 24/7 clinical laboratory running Appolo LIS software, a 24-hour pharmacy, vaccination services, and multi-specialty surgical and medical practice.

The institute's business model is a humanitarian cross-subsidy: approximately 91% of patients are indigent and receive free care, financed by donations from European partner NGOs, national and international companies, and by revenue from the ~9% of adult cardiac patients who pay for treatment, plus other specialty and ancillary services (pharmacy, laboratory, imaging). Go-to-market is referral-driven, with patients identified through provincial and rural hospitals across all of Mozambique's provinces and accommodated at ICOR's Casa da Crianҫa facility when traveling from outside Maputo. ICOR is governed by a Medical Council and Board of Directors chaired by Professor Daniel Sidi, audited annually by BDO, and operates as a unified provider integrating cardiac care, diagnostics, ancillary services, and a newly inaugurated maternity facility (Maternidade Pascoal Mocumbi, April 2024).

Name

ICOR - Instituto do Coração

Legal name

Instituto do Coração

Website

https://icor.co.mz

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Short description

ICOR is a non-profit cardiac institute in Maputo, Mozambique, founded in 2001. It provides free cardiac surgery and catheterization to underprivileged Mozambican children, cross-subsidized by adult cardiac care and donations from European NGO partners.

Ownership category

akta.pro rank

Product category

Cardiac Healthcare Services

NAICS

Voluntary Health Organizations (813212), Emergency and Other Relief Services (62423)

SIC

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

akta.pro primary industry

Humanitarian Health & Emergency Medical Relief NGOs (HLAJAKAE)

akta.pro secondary industries

Maternal, Newborn, Child & Adolescent Health (MNCAH) NGOs (HLAJAKAG), Ambulatory Cardiology Diagnostic & Procedure Centers (Non-hospital-based) (HLAFABAK)

Keywords

• Cardiac surgery services
• Pediatric cardiac care
• Interventional cardiology
• Diagnostic imaging services
• Clinical laboratory testing

Headquarters

HQ city

Maputo

HQ country

Mozambique

HQ region

Africa

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Charitable Donations: Humanitarian activity financed through donations from individuals, companies, and international organizations. Approximately 91% of patients are indigent and receive free treatment.
2. Adult Cardiac Care Services: Paid cardiac care services for adult patients, which cross-subsidize the charitable pediatric services. Approximately 9% of patients contribute to their own treatment.
3. Pharmaceutical Services: 24-hour pharmacy providing medications, cosmetics, vaccines, and orthopedic medical materials to patients and the public
4. Clinical Laboratory Services: Clinical analysis laboratory providing diagnostic testing services with 24x7 availability

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

ICOR - Instituto do Coração is a non-profit cardiac institute in Maputo, Mozambique, providing free or subsidized cardiac surgery, cardiac catheterization (including 24/7 emergency myocardial infarction treatment), and clinical cardiology to underprivileged Mozambican children, with cross-subsidized adult cardiac care, diagnostic imaging, clinical laboratory, pharmaceutical, vaccination, and maternity services (Maternidade Pascoal Mocumbi, opened April 2024). Services are funded by donations from European partner NGOs and fees from the ~9% of paying adult patients.

Product overview

ICOR - Instituto do Coração is a non-profit cardiac institute in Maputo, Mozambique, founded in 2001. The organization operates as a unified healthcare institution combining core cardiac services (Clinical Cardiology, Interventional Cardiology, and Cardiac Surgery) with essential supporting modules including Clinical Laboratory (24x7), Pharmaceutical Services (24-hour pharmacy and vaccination), Diagnostic Imaging Services (MRI, CT, X-ray, echocardiography, endoscopy), Medical and Surgical Specialties, and the Casa da Criança accommodation facility. The institute also includes Maternidade Pascoal Mocumbi for maternal health services. Since inception, ICOR has performed over 2,553 cardiac surgeries and provides free treatment to approximately 91% of indigent patients.

Differentiator

Problem solved

Functional benefit

Brands

• Casa da Criança: Accommodation facility owned by Instituto do Coração to support Mozambican children and their companions from provinces who need free cardiac treatment in Maputo and have no family members in the city.

Products and services

• Clinical and Interventional Cardiology (Cardiologia Clínica e de Intervenção) Comprehensive cardiac care including clinical cardiology consultations, cardiac catheterization, and interventional procedures (mitral valve dilation, congenital heart defect treatment, coronary angiography, 24/7 emergency myocardial infarction treatment) for children and adults with congenital and valvular heart diseases.
• Cardiac Surgery (Cirurgia Cardíaca) Open-heart surgery and cardiac surgical procedures for children and adults with congenital heart defects and valvular diseases. 92.7% of all surgeries are curative rather than palliative. From 2001 through 2023, ICOR performed over 2,553 cardiac surgeries.
• Medical and Surgical Specialties (Especialidades Médicas e Cirúrgicas) Additional medical specialties including Anesthesiology, Dermatology, Physiotherapy, Gastroenterology, Gynecology, Hematology, Nephrology, Neurology, Oncology, Pediatrics, Pneumology, Psychology, Psychiatry, and surgical specialties (Cardiovascular, Thoracic, Neurosurgery, Orthopedics) for cross-subsidization of pediatric charity care.
• Diagnostic Services (Meios de Diagnóstico) Diagnostic imaging and testing services including Bronchoscopy, Echocardiography, Abdominal/Thyroid/Gynecological Ultrasound, Electroencephalography, Digestive Endoscopy, Laparoscopy, Mammography, 24-hour Cardiac Monitoring, Stress Tests, Respiratory Function Tests, X-Ray, CT Scan, Videothoracoscopy, and 3 Tesla MRI.
• Clinical Laboratory (Laboratório de Análises Clínicas) Clinical analysis laboratory providing diagnostic testing services with 24x7 availability, internal and external quality control, automated equipment, and the Appolo Laboratory Information System (LIS) with electronic interface for result management.
• Pharmaceutical Services (Serviços Farmacêuticos) 24-hour pharmacy dispensing medications, cosmetics, vaccines, and orthopedic medical materials to patients and the public, with a dedicated vaccination room.
• Vaccination Services (Vacinação) National Vaccination Program for newborns and children, plus additional vaccinations including Anti-Rabies, Yellow Fever, Oral Anti-Rotavirus, Typhoid Fever, and Meningitis vaccines.
• Maternidade Pascoal Mocumbi Maternity facility inaugurated in April 2024, providing maternal health services including gynecology, obstetrics, and delivery rooms for ICOR patients and the public.
• Casa da Criança (Children's House) Free accommodation facility for Mozambican children and their accompanying guardians from provinces who have no family in Maputo and need free cardiac treatment at ICOR.

Named customers4 records

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

Nine partnerships are on record, tiered core and minor.

• Chaine de L'EspoircoreStrategic or Co-development Partner · 1 January 2000French NGO and founding partner that helped establish ICOR in 2001. European medical teams conducted cardiac surgeries in Mozambique until 2010. Professor Alain Deloche, Head of Cardiac Surgery at Georges Pompidou Hospital in Paris, serves as President of Chaine de l'Espoir.
• Cadeia da EsperançacoreStrategic or Co-development PartnerPortuguese NGO and founding partner. Professor Manuel Antunes, Head of Cardiac Surgery at Coimbra University Hospital, serves as Vice-President of Cadeia da Esperança.
• Chain of HopecoreStrategic or Co-development PartnerUK-based NGO and founding partner. Professor Sir Magdi Yacoub, Professor of Cardiac Surgery, serves as President of Chain of Hope.
• Fondation Petit CoeurcoreStrategic or Co-development PartnerSwiss foundation and founding partner. Professor René Prêtre, Cardiac Surgeon and Director of Cardiac Surgery at Lausanne University Hospital, represents the foundation.
• Amigos do CoraçãocoreStrategic or Co-development PartnerMozambican NGO created in 1994 to support sending children to Europe for cardiac treatment. Provided documentation, clothing, travel organization, and assistance for children going abroad for surgery. Co-founding member of ICOR.
• Faculdade de Medicina da UEMminorStrategic or Co-development PartnerMedical Faculty of Eduardo Mondlane University. ICOR collaborates on medical student education in Medical Semiology and Cardiology since its creation.
• BDOminorOthersInternational accounting firm that conducts annual audits of ICOR's financial management, ensuring transparency.
• Missão Francesa (French Mission)coreStrategic or Co-development PartnerSurgical missions that perform cardiac procedures at ICOR, including catheterization procedures.
• Missão Suiça (Swiss Mission)coreStrategic or Co-development PartnerSurgical missions that perform cardiac surgeries at ICOR, including operations on complex cases presented in surgical staff meetings.

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Chain of Hope: UK-based NGO and ICOR founding partner that funds and organizes cardiac missions for children in developing countries. Directly comparable mission (pediatric cardiac care in LMICs), and a current operational partner of ICOR.
• Mending Kids: US-based nonprofit that funds and coordinates cardiac surgical missions for children in developing countries. Comparable charitable pediatric cardiac mission with similar reliance on volunteer medical teams and donations.
• Children's HeartLink: US-based NGO that partners with pediatric cardiac programs in LMICs to build local capacity through training and mentoring. Directly comparable in mission (pediatric cardiac capacity-building) and partnership-based operating model.
• Fondation Coeur de la Mère (Fondation Petit Coeur): Swiss foundation and ICOR founding partner supporting pediatric cardiac surgery in developing countries. Comparable model of Swiss-based philanthropy funding African pediatric cardiac care.
• Chaine de L'Espoir: French NGO and ICOR founding partner that built pediatric cardiac surgery capacity in low-income countries. Highly comparable as a humanitarian pediatric cardiac NGO with a similar model of funding indigent surgeries and training local teams.
• EMERGENCY (Salam Centre for Cardiac Surgery): Italy-based NGO operating the Salam Centre, a free cardiac surgery hospital in Sudan serving a regional African catchment. Closest operational analogue to ICOR in terms of free, high-volume regional pediatric/adult cardiac surgery in Africa.

Broad incumbents

• World Heart Federation: Geneva-based umbrella organization for cardiac NGOs and societies globally. Broader incumbent in the same global health cardiovascular space, setting policy and convening actors rather than operating hospitals directly.
• Médecins Sans Frontières (MSF): International medical humanitarian organization with cardiac surgery programs in conflict and low-resource settings. Broader incumbent with overlapping humanitarian health delivery model, though not cardiac-specialized.

Emerging players

• AMREF Health Africa: Africa's largest health NGO, operating across multiple specialties in Mozambique and East Africa. Comparable as an African health-focused NGO with overlapping donor base and country presence, though not cardiac-specialized.

Regional players

• Hospital Central de Maputo: Mozambique's largest public referral hospital and ICOR's primary referral partner. Comparable as a Mozambican tertiary hospital receiving cardiac referrals, though not a specialized cardiac center.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/162919780442052
• LinkedInlinkedin.com/company/icormz

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 ICOR - Instituto do Coração