Broad Objectives

  • Bring at least 5000 doctors in Kenya to do their Private Medical Practice under ONE group with a Patented Name in 10 years
  • To create a chain of allied Healthcare business opportunities that are Doctor-owned, Doctor-managed and doctor-run.
  • To mastermind a mindset shift among Medics changing us from individual practitioners to large and high impact group practitioners enjoying a steady Income and a stable work and life balance.
  • To create a Network of Low Cost, High Quality and Nationwide Healthcare outlets that will render Affordable Health services to Kenyans
  • To create a system that mentors younger doctors to become Quality Practitioners rendering High Impact services

Milestones

  • 16th February 2012 Company registered
  • March 2013, the first Outpatient clinic called Fountain Healthcare Clinic opens its doors for business
  • March 2013, the 1st AGM of F500 Investment Group Ltd takes place in Nakuru and adopts founding Legal structures
  • March 2014, 2nd AGM takes place in Nairobi: First Audited Accounts for the Group and the Clinic tabled debated and passed by shareholders
  • March 2014: The AGM resolves to structure the Company as a Holding Company with Individual Shareholders
  • March 2014: Vacant Board positions filled by Elections and new board mandated to explore incorporation of wholly owned subsidiaries of the Holding Company to spearhead business engagements
  • May 2014: Fountain Healthcare Ltd Incorporated as a subsidiary of F-500 Ltd and takes over the operations of the Group Practice Clinic in Eldoret
  • May 2014; Board Resolution passed to Classify the Company Shares into Founder Shares (Class A 10% of authorized Share Capital) and Non-founding Shares ( Class B 90% of Authorized Share capital). This was to implement a March 2014 AGM Resolutions
  • June 2014: Founder shares formally issued and a Share Register established for those who joined between 16th February 2012 to 28th February 2014. This category became recognized as the founders.
  • 1st May 2014: F-500 Group Limited Board launches a strategy to recruit 2000 doctors over 2 years ending on 30th April 2016. New doctors and founders who wish to expand their ownership to purchase Shares in Class B at a price of KES 100/= per Share. Two (2) Million Class B Shares set aside to be issued under this initiative to raise KES 200M to fund business expansion
  • August 2014 The F-500 Board and the FHC Board launch a strategy to Revise, consolidate and align the Articles & Memos of the two Companies with new business realities and to have the changes Registered with the Registrar of companies, a process expected to be complete by March 2015.
  • May 2014 under the guidance of the FHC Board, an initiative launched to set up a 50 bed specialized inpatient wing to complement the operations of the Eldoret outpatient center
  • September/ October 2014: A steering committee established chaired by Dr. James Soki Mokua to lead the process of establishing a Fountain Healthcare Clinic in Nairobi to cater for the interests of the 85 F-500 Shareholders so far recruited who are based in Nairobi
  • By end of September 2015 we have 246 members
  • Eldoret Hospital officially launched on August 15 / Bungoma Clinic due in January 2016