About the organization

Missions Agency / Non-Profit

The Light of the World Hospital (LWH) is the first project of the Egypt Light of the World Healthcare Association (ELoWHA), an organization chartered in Egypt but with strong international roots.  It is the product of over 25 years of healthcare (HC) exchange between Egyptian professionals & organizations and international peers, GOs & NGOs, providing clinical training and education, as well as charity clinical services, to improve the status of health and HC in Egypt, at all levels (clinical services, public health and training/education).

The project is unique in many ways (please see details, below):

 

  1. The vision is to develop a “model” hospital (LWH), and to duplicate this model later, elsewhere in Egypt and the region.
  2. The mission of the hospital is to apply “Egyptianized” American standards of healthcare in all aspects of clinical practice, training, education, and research.
  3. The goals of the hospital include proactive cooperation with and service to all economic, religious and ethnic layers of society.
  4. The strategies are based on dual ownership by internationals and Egyptians to assure sustainability.
  5. The hospital design calls for a fully digital environment, the first of its kind in Egypt (and perhaps in the world). We have an international partner (ITgrators) who will be donating a significant portion of the labor cost to fully automate our electronic health records, distance education capacities, and all communications.
  6. The business plan acknowledges the difficulty of building and sustaining an “American model of excellence” in modern day Egypt, yet it faces those challenges with a creative mix of income from the selling of shares, donations, and future clinical activities (expected to kick in prior to 2020). Donations can be made directly to a partner (American non-profit NGO: The ForSight Foundation.)
  7. We even have plans to be the first green hospital in Egypt, with definite provisions for solar panels, among other modern adjustments.
  8. Currently the founding board has 4 Americans, 1 Lebanese, 2 Australians and 5 Egyptians. American citizens and/or organizations own 20% and the rest is owned by other nationalities.
  1. The stock value of the hospital has been appreciating exponentially (more than doubled in 2 years, even though all we have so far is the land and the government approved plans to build). It is expected that once the construction gets underway (mid-June 2017), the value will appreciate even more.

On purpose, 40% of the shares have not been sold yet, specifically waiting for that appreciation. We have been running a waiting list of interested buyers since the inception of the project.  A serious vetting program including personal interviews (with the Board), checking references, etc. has allowed us to hand-pick 75 professionals (mostly physicians) as partners. We had to reject a few “strong” candidates who were deemed unsuitable for the project, either because they saw the hospital as a primarily business endeavor, or because of questionable (mostly minor) concerns raised by references.

   10. While the sale of shares has, and will continue to bring revenue, the construction of the hospital and acquisition of equipment and furniture will significantly out-balance that income until the revenue from clinical services starts.

This is the period in which we will need approximately $2 M for construction and

$3 M for equipping (with provisions for the first 6 months of operation, especially payroll and fixed expenses).

It is during this 2.5 year period that the hospital can use financial help in the form of deferred payments, low interest loans and/or donations (monetary and in-kind.) There are many naming opportunities (available on demand.)

What's new with ELoWHA...

Location

1462 Anderson Ave Morgantown, WV 26505, US

4054

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