Care pens contract with PSMMC

National Medical Care Co. signed a contract to provide services for long-stay patients with the Prince Sultan Military Medical City (PSMMC), following the completion of all regulatory requirements.

The contract will be implemented starting from the date of signing, according to a Tadawul statement

The company expects the financial impact to appear in the third quarter of 2024.

According to data available on Argaam, Care previously announced that it had won a competitive bid on April 21 to provide services for long-stay patients with PSMMC, valued at SAR 380.9 million inclusive of VAT for a duration of three years.