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Company name

International Health Services Argentina SA

Project number

15364-01

Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.

E&S category
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B

Country

Argentina

Sector

Social Infrastructure

Status

Proposed

Disclosed date

03/17/2026

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
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04/30/2026

Approval date

N/A

Signed date

N/A

Sponsoring entity

N/A

Investment Operations Department Contact

Corporates Division

Investment type

Syndicated amount

N/A

Financing amount

USD $ 23,000,000

Currency

USD

Project scope and objective

The proposed transaction consists of a senior secured financing for an amount of up to US$27 million, in favor of International Health Services Argentina S.A. ("IHSA" or the "Company").

 

The loan proceeds will be allocated for the acquisition and development of new technologies, operational infrastructure and facilities. In particular, the main investments of the Project will be oriented to: (i) the acquisition of new medical equipment; (ii) the incorporation of operational infrastructure for the development of new business lines; and (iii) the updating and modernization of technology and communications systems (collectively, the "Project").

 

IHSA began its operations in 1979 under the name Emergencias Sociedad Anónima, initially focusing on the provision of out-of-hospital medical services to individual clients in the City of Buenos Aires.

 

Currently, GRUPO IHSA., commercially known until now as "Emergencias", provides coverage, through its private and associate network, to more than 3.1 million patients annually, through its different brands: Emergencias, Emerphone, Contigo, Eca, Embarazadas, Uell and Emermind. Through these business units, the Company offers a wide range of services, including medical care, home care, emergency transfers (medical and special), medical teleassistance, complex operations (including medical and emergency services in hard-to-reach areas), coverage and provision of health services at airports, technological development, training and corporate medicine, among others.   

 

During the year 2025, the group's companies performed approximately 2.5 million medical consultations. Likewise, IHSA has 43 operational bases and stations, employs more than 4,404 employees and has a fleet of more than 439 vehicles.

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Environmental and social review

IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.

EMERGENCIAS - RESUMEN DE LA REVISIÓN AMBIENTAL Y SOCIAL (RRAS O ESRS)

235.5 Kb

EMERGENCIAS - PLAN DE ACCIÓN AMBIETNAL Y SOCIAL (PAAS O ESAP)

92.2 Kb

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

PHONE NUMBER

+11 5909 9844

POST OFFICE ADDRESS

Av. Melián 2752 - (C1430EYH) CABA, Argentina

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