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Johns Hopkins and Peru’s Pacifico Salud Sign Memorandum of Understanding - 12/07/2011

Johns Hopkins and Peru’s Pacifico Salud Sign Memorandum of Understanding

Release Date: December 7, 2011

Johns Hopkins Medicine International (JHI), the international arm of Johns Hopkins Medicine in Baltimore, USA, and Lima, Peru-based Pacifico Salud, a subsidiary of Credicorp Ltd. (NYSE : BAP), the leading financial services holding company in Peru, that operates several health care facilities, have signed a Memorandum of Understanding to improve patient care and management at the medical facilities recently acquired by the Peruvian company.

Under the terms of this agreement, signed on Dec. 2, 2011, in Lima, JHI and Pacifico Salud will focus on improving patient safety, management and the quality of health care delivery to provide the best experience for patients.

“Johns Hopkins has been recognized as a national and global leader in patient care, research and education,” says Steven Thompson, chief executive officer, Johns Hopkins Medicine International. “We are pleased to have an opportunity to explore collaboration opportunities with Pacifico Salud and to share our innovations and best practices with the health care providers in Peru."

"We are very proud to have signed this memorandum of understanding, which represents a turning point in the history of Peruvian health care,” says Guillermo Garrido Lecca, general manager, Pacifico Salud. “Johns Hopkins is one of the most prestigious medical groups in the world and their involvement will enable us to achieve the highest standards of medical excellence for the benefit of our community".

Beginning in January, Johns Hopkins will assess the hospitals’ strengths and provide a gap analysis of Pacifico Salud’s health care facilities.

Pacifico Salud belongs to Pacifico Peruano Suiza, one of the largest insurance companies in Latin America and the largest health insurer in Peru, earning approximately 46 percent of the segment in 2010. This memorandum of understanding is the first step for Pacifico Salud to consolidate its leadership in the Peruvian health care industry. It will allow the company to help raise the standards of care throughout the country as they introduce a new vision for patient safety and quality of care in Peru.

About Johns Hopkins Medicine International
Johns Hopkins Medicine International (JHI) facilitates the global expansion of the Johns Hopkins Medicine mission: to improve the health of the community and the world by setting the standard of excellence in medical education, research and clinical care. JHI provides personalized, culturally appropriate care for patients traveling from outside Maryland and the United States, and for local patients with limited English proficiency. JHI also leverages Hopkins’ extensive knowledge base in medicine, nursing, public health, business and health care administration to provide services in hospital management, health care consulting and clinical education through strategic alliances and affiliations throughout the world.

About Johns Hopkins Medicine
Johns Hopkins Medicine unites the physicians and scientists of the Johns Hopkins University School of Medicine with the organizations, health professionals and facilities of the Johns Hopkins Health System. The mission of Johns Hopkins Medicine is to improve the health of the community and the world by setting the standard of excellence in medical education, research and clinical care.

Diverse and inclusive, Johns Hopkins Medicine has provided international leadership in the education of physicians and medical scientists in biomedical research and in the application of medical knowledge to sustain health since The Johns Hopkins Hospital opened in 1889.

About Pacifico Salud
Pacifico Salud, a subsidiary of Pacifico Peruano Suiza, recognized as Peru´s Best Insurance Company of the Year by World Finance, holds 46% market share of the country´s health insurance industry.

Pacifico´s commitment to excellence in health care service has motivated the recent acquisition of hospitals in Lima and in the main cities of Peru, a specialized cancer treatment center, dental care facilities, clinical laboratories and house call care; resulting in one of the largest private health care provider systems of the country.

For the Media

Media Contact: Natalia Abel