Mobile healthcare clinics

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Mobile healthcare clinics
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

Establish mobilie healthcare clinics, either as a separate business entity or as an additional service model of an established hospital or a stationary clinic. The separate business entity can either have its own medical team, or can collaborate with other medical institutions (hospitals, clinics, individual doctors) to form medical teams that meet the specific health needs in a given location.

Expected Impact

Promote mobile healthcare services to improve access to healthcare in remote areas, enable early detection of diseases, especially NCDs, and reduce healthcare costs and the rate of pre-mature deaths.

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 IRR)
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.
Based on estimates by experts operating in the healthcare sector in Armenia, a medium sized mobile healthcare clinic can achieve an IRR over 20% (22, 32).
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
< USD 500,000
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Good health and well-being (SDG 3)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1) Reduced Inequalities (SDG 10)
Sector Sources
  • 1) Government action program 2019-2013, https://www.gov.am/am/Five-Year-Action-Program. 2) Tax Code of the Republic of Armenia, https://www.arlis.am/DocumentView.aspx?DocID=151044. 3) Armenian National Statistical Service, www.armstat.am. 4) Ministry of Health of Armenia, 2018, Healthcare System Performance Evaluation, https://www.moh.am/uploads/ahgg.pdf. 5) Ministry of Economy of Armenia, www.mineconomy.am. 6) World Health Organization (WHO), https://www.who.int/nmh/countries/arm_en.pdf?ua=1. 7) European Detailed Mortality Database, WHO, Regional Office for Europe, 2016. 8) European Heart Network, http://www.ehnheart.org/cvd-statistics/cvd-statistics-2017.html. 9) Economic Burden of CVDs in Serbia. Lakić D, Tasić L, Kos M., 2009.
IOA Sources
  • 21) Voluntary National Report (VNR) of Armenia, for the UN High-level Political Forum on Sustainable Development, 2018, https://sustainabledevelopment.un.org/content/documents/26318Armenia_VNRFINAL.pdf. 22) UNDP interviews with stakeholders, 2019. 23) European Heart Network, http://www.ehnheart.org/cvd-statistics/cvd-statistics-2017.html. 24) Economic Burden of CVDs in Serbia, Lakić D, Tasić L, Kos M., 2009. 25) Core Health Indicators in WHO European Region, World Health Organization, 2019, http://www.euro.who.int/__data/assets/pdf_file/0004/413239/CHI_2019_EN_WEB.pdf?ua=1. 26) Law on Licensing, https://www.arlis.am/DocumentView.aspx?DocID=150834. 27) Ministry of Health of Armenia, National Programs and Priority Programs, https://www.moh.am/#1/99. and https://www.moh.am/uploads/vayoc%20dzor.pdf. 28) Tax Code, Art 64, https://www.arlis.am/DocumentView.aspx?DocID=95226. 29) Ministry of Labor and Social Affairs, https://www.mlsa.am/?page_id=2835. 30) Armenia in Numbers, Statistical Committee of Armenia, 2019, https://www.armstat.am/am/?nid=82&id=2325. 31) Social Snapshot and Poverty in Armenia, Statistical Committee of Armenia, 2019, https://www.armstat.am/am/?nid=82&id=2295. 32) Calculating the return on investment of mobile healthcare, 2009, Nancy E Oriol et al., https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2697174.