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MIF approves US$1.4 million grant to medical federation of Uruguay

The Inter-American Development Bank’s Multilateral Investment Fund announced today the approval of a US$1,493,000 grant to the Medical Federation of the Interior (FEMI) in Uruguay for a program to improve management and productivity in the country’s healthcare system.

“This project will help develop and implement tools based on information and communication technologies in order to optimize resource use and improve the efficiency of the small private hospitals in the FEMI network and others,” said IDB team leader Pablo Valenti. “The operation is expected to bring down administrative costs and increase user satisfaction.”

“The program will boost the management efficiency and improve the integration of small and medium-sized private healthcare service providers in Uruguay,” added Valenti.

The Medical Federation of the Interior (Federación Médica del Interior – FEMI) will carry out the program. It is a private sector federation that comprises 23 collective medical assistance institutions covering an important sector of the population.

Local counterpart funds provided by FEMI will total US$1,754,400.

MIF, an autonomous fund administered by the IDB, supports private sector development in Latin America and the Caribbean, focusing on microenterprise and small business.

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