‎Al-Modawat updates on hospital expansion projects

‎Al-Modawat updates on hospital expansion projects ‎Al-Modawat updates on hospital expansion projects

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Logo ofAl-Modawat Specialized Medical Co.

Al-Modawat Specialized Medical Co. provided an update on the expansion works and projects at Al-Modawat hospital.

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In a statement to Tadawul, the company said that, given the higher utilization rates recorded in 2025 and H1 2026, it increased the hospital’s inpatient capacity by 60% of its current total capacity by expanding the inpatient department in the eastern building.

The second and third floors will be fully allocated to new inpatient suites, increasing the number of hospital suites by 700%.

The expansion will be carried out in two phases, the statement added.

Phase 1 includes preparing the second floor to add capacity equivalent to 30% of the hospital’s current total inpatient capacity, representing a 350% increase in the number of suites.

The completion rate has reached 70%, with works expected to be completed and operations to commence in Q4 2026. Photos of the second-floor expansion are attached.

Phase 2 includes completing the construction and fit-out of the third floor in the eastern building as an extension of the inpatient department, adding capacity equivalent to 30% of the hospital’s current total inpatient capacity and representing an additional 350% increase in the number of suites.

Works are expected to be completed and operations to commence in 2027.

The company noted that construction and fit-out works for 42 new clinics in the hospital’s eastern building have been completed.

Furniture installation and medical equipment and supplies are currently being finalized, with the clinics expected to begin operations in Q4 2026.

It added that the 51-meter connecting corridor between the main building and the eastern expansion building has been completed and is now operational, facilitating movement between the hospital buildings and enhancing integration among its facilities.

Al-Modawat also said that the CT scan unit has been installed and is operational, while the remaining works and fit-out of the radiology department are underway in preparation for its full operation.

The company explained that it had reprioritized its expansion projects and allocated space and resources at the current stage toward completing the new inpatient suites.

Accordingly, it decided to reschedule the physical therapy department expansion project to a later phase of its expansion plan, in line with the hospital’s operational priorities.

It added that expansion works have been carried out in the waiting lobby in the eastern building.

The space allocated to the men’s gym was also modified to meet operational requirements, with fit-out works completed and operations commenced.

The implementation of the women’s gym and laundry department expansion has been rescheduled to later phases of the expansion projects.

Al-Modawat said the total costs associated with the development remain subject to change, given the ongoing expansion projects and continuous modifications and additions to their scope.

The final cost will be determined upon completion of the project and reflected in the company’s financial results based on the completion rates and operational phases.

The company noted that the stated operational dates remain subject to fulfilling all regulatory requirements and conditions and obtaining the necessary licenses and approvals from the relevant authorities.

According to data available with Argaam, Al-Modawat’s board of directors decided last December to expand the company’s hospital works, commence a new phase of the expansion, and add new projects at the hospital.

 

Logo ofAl-Modawat Specialized Medical Co.

Al-Modawat Specialized Medical Co. provided an update on the expansion works and projects at Al-Modawat hospital.

In a statement to Tadawul, the company said that, given the higher utilization rates recorded in 2025 and H1 2026, it increased the hospital’s inpatient capacity by 60% of its current total capacity by expanding the inpatient department in the eastern building.

The second and third floors will be fully allocated to new inpatient suites, increasing the number of hospital suites by 700%.

The expansion will be carried out in two phases, the statement added.

Phase 1 includes preparing the second floor to add capacity equivalent to 30% of the hospital’s current total inpatient capacity, representing a 350% increase in the number of suites.

The completion rate has reached 70%, with works expected to be completed and operations to commence in Q4 2026. Photos of the second-floor expansion are attached.

Phase 2 includes completing the construction and fit-out of the third floor in the eastern building as an extension of the inpatient department, adding capacity equivalent to 30% of the hospital’s current total inpatient capacity and representing an additional 350% increase in the number of suites.

Works are expected to be completed and operations to commence in 2027.

The company noted that construction and fit-out works for 42 new clinics in the hospital’s eastern building have been completed.

Furniture installation and medical equipment and supplies are currently being finalized, with the clinics expected to begin operations in Q4 2026.

It added that the 51-meter connecting corridor between the main building and the eastern expansion building has been completed and is now operational, facilitating movement between the hospital buildings and enhancing integration among its facilities.

Al-Modawat also said that the CT scan unit has been installed and is operational, while the remaining works and fit-out of the radiology department are underway in preparation for its full operation.

The company explained that it had reprioritized its expansion projects and allocated space and resources at the current stage toward completing the new inpatient suites.

Accordingly, it decided to reschedule the physical therapy department expansion project to a later phase of its expansion plan, in line with the hospital’s operational priorities.

It added that expansion works have been carried out in the waiting lobby in the eastern building.

The space allocated to the men’s gym was also modified to meet operational requirements, with fit-out works completed and operations commenced.

The implementation of the women’s gym and laundry department expansion has been rescheduled to later phases of the expansion projects.

Al-Modawat said the total costs associated with the development remain subject to change, given the ongoing expansion projects and continuous modifications and additions to their scope.

The final cost will be determined upon completion of the project and reflected in the company’s financial results based on the completion rates and operational phases.

The company noted that the stated operational dates remain subject to fulfilling all regulatory requirements and conditions and obtaining the necessary licenses and approvals from the relevant authorities.

According to data available with Argaam, Al-Modawat’s board of directors decided last December to expand the company’s hospital works, commence a new phase of the expansion, and add new projects at the hospital.

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