E-healthcare solutions

E-healthcare solutions

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E-healthcare solutions
E-healthcare solutions
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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

Provide affordable e-health services, such as online consultations, telemedicine and self-diagnosis, together with a system for gathering and sharing medical data of patients with healthcare personnel.

Expected Impact

Reduce inequalities in health services accessibility between urban and rural communities.

How is this information gathered?
Updated: 9 Jul, 2021 Date of Production: 1 Feb, 2021
Rwanda
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).
20% - 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.
Medium Term (5–10 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 559 million total healthcare spending in the country.
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.
No Poverty (SDG 1) Good health and well-being (SDG 3) Gender Equality (SDG 5)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Decent Work and Economic Growth (SDG 8) Reduced Inequalities (SDG 10)

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Sector Sources
  • 1) Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G. and Woelm, F. (2020). The Sustainable Development Goals and COVID-19. Sustainable Development Report 2020. Cambridge: Cambridge University Press. 2) United Nations Development Programme. Briefing note for countries on the 2019 Statistical Update: Rwanda. 3) Nyandekwe, M., Nzayirambaho, M. and Kakoma, J.B. (2020). 'Universal Health Insurance in Rwanda: Major Challenges and Solutions for Financial Sustainability Case Study of Rwanda Community-Based Health Insurance Part I', Pan African Medical Journal 37. 4) Ministry of Health. 4th Health Strategic Sector Plan 2018-2024. 5) Ministry of Health. 4th Health Strategic Sector Plan 2018-2024. 6) Schurer, J.M., Fowler, K., Rafferty, E., Masimbi, O., Muhire, J., Rozanski, O. and Amuguni, H.J. (2020). Equity for health delivery: Opportunity costs and benefits among Community Health Workers in Rwanda. https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0236255 7) Mitchell, M. and Kan, L. (2019). Digital Technology and the Future of Health Systems. Health Systems and Reform. https://www.tandfonline.com/doi/pdf/10.1080/23288604.2019.1583040 8) Nawrat, A. (2020). 'Setting An Example: Rwanda As A Digital Health Success Story - Medical Technology', Medical technology, 28. https://medical-technology.nridigital.com/medical_technology_jun20/rwanda_digital_health 9) National Institute of Statistics of Rwanda (2015). Rwanda Demographic and Health Survey 2014-15. https://www.statistics.gov.rw/publication/demographic-and-health-survey-20142015-final-report 10) Marks, J., Augesnstein, J. et al. (2019). A Framework for Evaluating the Return on Investment of Telehealth. Manatt Health Strategies, LLC.
IOA Sources
  • 11) Barbor, M. Building Improved and Sustainable Health-Care Systems Through Telemedicine 12) Babyl (2020). Rwanda's ambitious aims for digital health. https://healthcare-in-europe.com/en/news/rwanda-s-ambitious-aims-for-digital-health.html 13) Educational Management Information Systems (EMIS) database. 14) National Institute of Statistics of Rwanda. The EICV5_Utilities and Amenities Thematic Report. https://www.statistics.gov.rw/publication/eicv5-thematic-report-utilities-and-amenities 15) Medical Technology (2020). Setting an example: Rwanda as a digital health success story. https://medical-technology.nridigital.com/medical_technology_jun20/rwanda_digital_health 16) World Health Organization (2017). Primary Health Care Systems (PRIMASYS). https://www.who.int/alliance-hpsr/projects/AHPSR-PRIMASYS-Rwanda-Abridged.pdf?ua=1 17) PwC analysis based on Prof. A. Damodaran data, 2020. 18) Drury, P., Roth, S., Jones, T., Stahl, M. and Medeiros, D. (2018). Guidance for Investing in Digital Health. Asian Development Bank. 19) Piette, J., Moura, L. and Lun, K. (2012). Impacts Of E-Health On The Outcomes Of Care In Low- And Middle-Income Countries: Where Do We Go From Here? World Health Organization. https://www.who.int/bulletin/volumes/90/5/11-099069/en/ 20) Rwanda Development Board (2013). Broadband for an inclusive digital society. https://unctad.org/system/files/non-official-document/Broadband%20for%20an%20inclusive%20digital%20society%20-%20Rwanda.pdf 21) European Union Agency For Network And Information Security (2015). Security and Resilience in eHealth https://www.enisa.europa.eu/publications/security-and-resilience-in-ehealth-infrastructures-and-services/at_download/fullReport 22) United Nations Development Programme (2020). Sustainable Development Report 2020. https://unstats.un.org/sdgs/report/2020/The-Sustainable-Development-Goals-Report-2020.pdf 23) Piette, J., Moura, L. and Lun, K. (2012). Impacts Of E-Health On The Outcomes Of Care In Low- And Middle-Income Countries: Where Do We Go From Here? World Health Organization. https://www.who.int/bulletin/volumes/90/5/11-099069/en/ 24) Zriquat, I. and Altamimi, A. (2016). 'Security And Privacy Issues In Ehealthcare Systems: Towards Trusted Services', International Journal of Advanced Computer Science and Applications, vol. 7. https://www.researchgate.net/publication/308803282_Security_and_Privacy_Issues_In_eHealthcare_Systems_Towards_Trusted_Services 25) Sahama, T. and Simpson, L. (2013). Security And Privacy In Ehealth: Is It Possible? https://www.researchgate.net/publication/269329631_Security_and_Privacy_in_eHealth_Is_it_possible 26) Ministry of Health (2015). Health Sector Policy. Republic of Rwanda. http://moh.gov.rw/fileadmin/templates/policies/Health_Sector_Policy___19th_January_2015.pdf 27) Ministry of Health (2017). 4th Health Sector Strategic Plan 2018-2024. Republic of Rwanda. http://moh.gov.rw/fileadmin/templates/Docs/FINALH_2-1.pdf 28) Ministry of Health (2016). Health Sector Information And Communication Technology (ICT) Security Policy. Republic of Rwanda. http://moh.gov.rw/fileadmin/templates/policies/Aproved_ICT_Security_Policy_forMOH.pdf 29) Ministry of Finance and Economic Planning (2015). Vision 2050. http://www.minecofin.gov.rw/fileadmin/templates/documents/NDPR/Vision_2050/Vision_2050_-Full_Document.pdf 30) Republic of Rwanda (2020). Ministerial Instructions governing Private Health Facilities 2020. http://moh.gov.rw/fileadmin/Publications/Policies/MINISTERIAL_INSTRUCTIONS_2020.pdf 31) Republic of Rwanda. Licensing Standards for Private Health Facilities. http://moh.gov.rw/fileadmin/Publications/Policies/Licensing%20Standard%20for%20PHF.pdf 32) Republic of Rwanda. Health Post Management Manual. http://moh.gov.rw/fileadmin/templates/Guidelines_Protocols/HPs_Procedure_Manual.pdf 33) Republic of Rwanda (2012). Official Gazette nº 25 of 18/06/2012. http://moh.gov.rw/fileadmin/templates/HLaws/Appoinntment-of-medical-staff-AM.pdf 34) Ministry of Health. About Ministry. https://www.moh.gov.rw/about 35) Rwanda Biomedical Centre. Who We Are. https://www.rbc.gov.rw/index.php?id=629 36) Rwanda Development Board. Incentives to support Health sector. https://rdb.rw/investment-opportunities/health-services/#tab-1-3 37) Rwanda Development Board. Special incentive packages provided to ICT firms. https://rdb.rw/investment-opportunities/ict/#tab-1-3 38) Republic of Rwanda (2019). Voluntary National Review Rwanda 2019. https://sustainabledevelopment.un.org/content/documents/23432Rwanda_VNR_Document__Final.pdf 39) Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G., Woelm, F. (2020). The Sustainable Development Goals and COVID-19. Sustainable Development Report 2020. Cambridge: Cambridge University Press. https://dashboards.sdgindex.org/profiles/RWA 40) United Nations. SDG indicators. https://unstats.un.org/sdgs/indicators/database/