The Healthcare Business Conference

9 OCTOBER 2019

In partnership with Healthcare Federation of Nigeria (HFN) and Anadach group

 

Theme: Growing small to medium health businesses in West Africa - with a special focus on Nigeria 

 

Overview

The healthcare system in Nigeria and elsewhere in the region is challenged by numerous constraints ranging from inadequate infrastructure to shortage of qualified healthcare personnel and poor funding amongst other issues. The country’s low spending on healthcare in comparison to other nations creates an unmet demand for health services which is further compounded by a fast-growing population and high disease burden[1]. As a result, greater emphasis is placed on the growing private healthcare market which makes it an important focal point for prospective investors to examine1.

Healthcare provision has always been significantly provided by the private sector-up to 70%[2]. Stakeholders in the health sector have identified small and medium enterprises (SMEs) as a significant tool in driving sustainable healthcare. SMEs deliver 60% of services in the health sector[3]. The market is large and fragmented and solo ownership is typical of most providers e.g. private practitioners, nursing homes, pharmacies, laboratories.. However, in order to successfully run a healthcare business, practitioners require some level of business and management skills which many do not possess. As such, many health SMEs continue to struggle with numerous challenges in growing their businesses- from accounting systems and data management to raising capital for purchasing modern equipment, etc.

In light of these challenges, the Health Federation of Nigeria (HFN) and Anadach Group and through this Healthcare Workshop plans to contribute to the growth of healthcare SMEs by improving the capacity of a wide group of healthcare providers with the aim of improving private sector healthcare delivery in Nigeria.  

Key Topics:

  • The Nigerian Healthcare System
  • How to expand business
  • Managing accounts
  • Legal, regulatory & tax requirements
  • Financing a start up

Benefits of Attending:

  • To build the capacity of healthcare professionals in key aspects of financial, legal and technical issues in the Nigerian healthcare
    space
  • To openly discuss the current developments, challenges and issues facing healthcare SMEs in Nigeria
  • To assess opportunities and impediments to tapping those opportunities 

Who should attend:

  • Private healthcare providers
  • Owners of small and medium healthcare businesses Healthcare stakeholders
  • Policy makers
  • Investors
  • Regulators

[1] IFC (2009) IFC Guide for Investors in Private Healthcare in Emerging Markets [2] WHO (2014)   Structure of Nigerian Healthcare Sector? [3] Adepoju W. (2015) SMEs Vital to Healthcare. The Nation. https://thenationonlineng.net/smes-vital-to-healthcare/

Session 1

9:00

Session opening

Professor Akin Abayomi, Honorable Commissioner of Health for Lagos State, Lagos, Nigeria

9:30

Welcome and Introductions of Speakers, and Workshop Overview

Mr Remi Adeseun, Country Director, Iqvia/HFN Board Member, Lagos, Nigeria

Dr Egbe Osifo-Dawodu, Partner, Anadach Consulting, Lagos, Nigeria

9:45

Overview of West African Health Systems including the Nigerian Healthcare System in a changing world – including gaps, challenges and opportunities for Health SMEs

10:05

Thinking of Expanding your Business?

  • Developing a business plan for ahealthcare business
  • Project design
  • Technology and equipment planning
  • Project management

 

Ms Bukayo Hanidu, Consultant, Anadach Consulting, Lagos, Nigeria

Mr Voke Oshevire, Executive Director, JNC International, Lagos, Nigeria

Dr Kouakou Kouadio, Medical Director, PISAM, CDI, Abidjan, Cote D’Ivoire/Ivory Coast 

10:50

Intermission break

Session 2

11:15

Ensuring you are meeting your Legal, Regulatory & Tax Requirements

  • Legal and regulatory framework for Healthcare and Pharmaceuticals
  • Overview of Taxation in Nigeria
  • Compliance & Governance systems
  • Considerations for other West African countries

Mrs Chinyere Okorocha, Partner, Jackson Etti & Edu, Lagos, Nigeria

Dr Pamela Ajayi, CEO, Synlab, Board member, HFN, Lagos, Nigeria 

11:45

Managing your Accounts

  • Introduction to Accounting & Finance
  • Accounting systems
  • Internal Controls

Ms Bimbo Ogundare, Senior Manager, Ernst and Young, Lagos, Nigeria

Dr Abayomi Sule, Managing Director, Tillit MSME Microservices, Lagos, Nigeria 

12:15

How to use data help you grow your business or become a data business

  • How to use data help you grow your business or become a data business Importance of Data Utilization records
  • Electronic Data Records
  • Investment required in data management
  • Implementation & Project Management

Dr Chibuzo Opara, Co-CEO, DrugStoc, Lagos, Nigeria

Dr Chidi Ihemedu, Co-Clinical Director, Lily Hospitals, Warri and Benin, Warri, Nigeria 

12:45

Refreshments and visit exhibition 

13:30

How to Finance your startup, expansion or Dream?

  • Funding prerequisites
  • Financial and operating models to optimize capital requirements
  • Operating metrics favored by financing organizations
  • Financial management

 

Mr Adewale Adebowale, Head, Health, Sterling Bank, Lagos, Nigeria

Mr Danladi Verheijen, Managing Director, Verod Capital, London, UK 

14:00

Question & Answer/Dialogue Session

14:15

Conclusion & Thanks

14:30

End of conference

Professor Akin Abayomi, Honorable Commissioner of Health for Lagos State, Lagos, Nigeria

Dr Abayomi Sule, Managing Director, Tillit MSME Microservices, Lagos, Nigeria

Mr Adewale Adebowale, Head, Health, Sterling Bank, Lagos, Nigeria

Ms Bimbo Ogundare, Senior Manager, Ernst and Young, Lagos, Nigeria

Ms Bukayo Hanidu, Consultant, Anadach Consulting, Lagos, Nigeria

Dr Chibuzo Opara, Co-CEO, DrugStoc, Lagos, Nigeria

Dr Chidi Ihemedu, Co-Clinical Director, Lily Hospitals, Warri and Benin, Warri, Nigeria

Mrs Chinyere Okorocha, Partner, Jackson Etti & Edu, Lagos, Nigeria

Mr Danladi Verheijen, Managing Director, Verod Capital, London, UK

Dr Egbe Osifo-Dawodu, Partner, Anadach Consulting, Lagos, Nigeria

Dr Kouakou Kouadio, Medical Director, PISAM, CDI, Abidjan, Cote D’Ivoire/Ivory Coast

Dr Pamela Ajayi, CEO, Synlab, Board member, HFN, Lagos, Nigeria

Mr Remi Adeseun, Country Director, Iqvia/HFN Board Member, Lagos, Nigeria

Mr Voke Oshevire, Executive Director, JNC International, Lagos, Nigeria