Healthcare Professional Training Academy

Doctors at an operating table

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Healthcare Professional Training Academy
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Health Care
Health Care Providers
Business Model Description

Invest in B2B models for the delivery of capacity building by setting up private health care training centers for health workers including nurses, radiographers and other technicians by collaborating with existing hospitals and leveraging their infrastructure. Examples of companies active in the IOA space:

Amrak Institute of Medical Sciences is an allied Health Education Institute & healthcare staffing provider affiliated with Durdans Hospitals. They have 400+ full time enrolled students across 8 Undergraduate programs. Amrak strives to elevate the healthcare workforce in the South Asian Region working with experienced partners, academics and industry professionals (16).

Hemas Academy of health care is an academic establishment under the Hemas Group, affiliated to its Hospital and offering internationally recognized National Vocational Qualifications accredited with guaranteed post qualification employment opportunities (8). Hemas tied up with IFC for their Digi-health platform, to scale verticals, such as health education and medical care.

Lanka Hospitals Academy: Established in 2019 in order to produce skilled healthcare professionals. The academy offers comprehensive trainings including clinical trainings. Courses are available on full-time/part time basis. LHA has partnered with leading universities and educational institutes in Sri Lanka and in South Asia to provide clinical trainings (11).

Expected Impact

Address the need for skilled healthcare workers in the country leading to improvement in healthcare indicators and reducing the pressure on the public healthcare sector.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in ROI)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
< USD 50 million
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 500,000 - USD 1 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Quality Education (SDG 4) Good health and well-being (SDG 3)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Gender Equality (SDG 5) Decent Work and Economic Growth (SDG 8) Industry, Innovation and Infrastructure (SDG 9)
Sector Sources
  • 1) Fiscal Management Report 2020-21 2) National Health Strategic master Plan 2016-2025 3) National Medicinal Drug Policy of Sri Lanka 4) Sri Lanka health system review. New Delhi: World Health Organization Regional Office for South-East Asia; 2021. 5) The quality of outpatient primary care in public and private sectors in Sri Lanka – how well do patient perceptions match reality and what are the implications? Health Policy Plan. 30 (suppl 1):i59–74. doi: 10.1093/heapol/czu115. 6) Policy on Healthcare Delivery for Universal Health Coverage 7) Health Labour Market Analysis in Sri Lanka: A Call to Action
IOA Sources
  • 8) Hemas Academy of Healthcare 9) Ministry of Health (2019). Annual Health Bulletin 2019. 10) Nurses and Midwives per 1,000 population 11) Lanka Hospital Academy 12) Sustainable Development Goals in Sri Lanka 13) Human Resources for Health Master Plan (2009-2018) 14)Policy on Healthcare Delivery for Universal Health Coverage 15) The National Policy on Strategic Framework for prevention and control of Chronic Non-Communicable diseases 16) Amark Institute of Medical Sciences