Presentation on theme: "KWALE COUNTY MINISTRY OF HEALTH A CONCEPT ON INVESTMENT OPPORTUNITIES IN MSAMBWENI HOSPITAL."— Presentation transcript:
KWALE COUNTY MINISTRY OF HEALTH A CONCEPT ON INVESTMENT OPPORTUNITIES IN MSAMBWENI HOSPITAL
Kwale County Background Kwale County is unique in its bio-diversity, mining wealth, size, and historical significance for health. Hosts local and international industries Estimated population of 750,000 people Growing population and an increasing need for specialized medical services. Many people lack access to high quality medical care 91 health facilities including 3 major public Msambweni District Hospital as a county referral
Msambweni District Hospital - Overview early 1940s established as a dispensary on 23 rd August 1997 officially opened 168 beds on 5 wards 7 consultants o General Surgeon o Gynecologist o Dentist o Physician o Pediatrician o Orthopedic Surgeon (volunteer )
Msambweni District Hospital - Patients 85 % bed occupancy 5 days average length of stay ca. 25,000 patients attended to in filter clinics 1,500 patients/month in Special Clinics 600 admissions/month in the inpatient department
Msambweni District Hospital - View The only hospital in Kenya that has 15 acres of unused beach plot.
Vision To be an efficient Medical care hospital for a healthy Nation. Mission To promote and participate in the provision of integrated high quality Curative and Rehabilitative services to all Kenyans. Kwale County wants to upgrade Msambweni hospital from Level 4 to a Level 5 hospital. Msambweni District Hospital
Concept - Goal Our goal is to identify a group that will be interested in establishing a partnership with the expansion and enhancement of this medical facility. The county is seeking a partner that will be able to provide equity financing, absorb debt and provide a higher level of specialist training to local staff.
Concept - Primary partners As a joint venture, this project will entail that various parties play different roles to ensure the success of this venture. Kwale County Government Msambweni Hospital Investor/Development partner
Concept - Secondary entities The following companies and entities will be enticed to further facilitate this opportunity: Kwale County Ministry of Industry Trade and Investment: Medical training institution Base Titanium Apollo Hospitals SIGN (Surgical Implant Generation Network) Other potential partners are Kwale International Sugar Company (KISCO), Cortec Mining Kenya Ltd. and Rift Energy.
Concept - Proposed services Proposed services that will be offered at the facility: Cardiology Neurology Orthopaedics and Joint Replacement Oncology/Haematology Intensive/Critical Care Medical and Surgical Gastroenterology Endocrinology Radiology & Imaging Amenity wards
Concept - Proposed services (2) Obstetrics/ Gynaecology Laboratory Services Renal/Dialysis Unit Satellite Center /Blood bank. (The next blood transfusion center is located in Mombasa.) Burns Unit Hospice for terminally ill patients Physiotherapist services New Born Unit
SWOT Analysis StrengthWeaknesses Trained nurses and doctors Well established Level 4 hospital Proximity of KMTC Well established existing facilities (2 OR, laboratory, radiology etc.) Very active research laboratory Already established partnerships Very committed and active Hospital Management Board Only hospital in Kenya that has more than 15 acres of unsed beach plot. Inadequate number of staff Inadequate staff housing Hospital needs renovation (roof, window frames, varnish) Ordering system on medical supplies needs improvement No maintenance plan in place Inadequate Laundry Service
OpportunitiesThreats Social benefits for local community Wide range of medical services Partnering with a training institution Healthcare Sector is rapidly growing Budget will be designed to provide capital for expenditure as the facility will be upgraded. Interest of international Companies Seek to identify investors Cost of doing business in Kwale County remains comparatively low Investor friendly Earmarked to host a Vision 2030 Resort City project at Diani Beach Medical institutions are not considered to be profitable within the time frame of most investors While there is a demand for increased medical services, the local population is not entirely financially stable Capital intensive SWOT Analysis
Strategy – How to? This project will be successful because these critical engines will drive its performance: 1. Introduction between the project managers and potential investors. 2. Discussions on requirements and need for upgrades. 3. Regular visits of Investor with project managers 4. Agreement on the level of financial commitment. 5. Training institution will be introduced and provide their potential courses, along with available staff through their network 6. Stakeholders will finalize all commitments and upgrade of the hospital will begin
Strategy – How to? 1. Introduction 2. Discussions on requirements 3. Regular Visits 4. Agreement 5. Training institution 6. Stakeholders finalize all commitments
Strategy - Financing The total expected amount for this project is: xxxxxxxxxxxxx – The money will be used for: Buildings and infrastructure Medical Equipment Ambulances Information Technology Marketing Working Capital Refurbishment
Strategy - Projected IRR The projected return on investment for this project is: xxxxxxx% per annum Revenue will be generated from: Inpatient admission Outpatient consultation Pharmaceuticals Lab and Diagnostics fees Surgical fees Income from private amenity ward Income from conferences, meals and accommodation
Looking Ahead - The Vision As soon as the hospital has achieved its goal of becoming a Level 5 facility, the following opportunities will arise: A Conference Hotel attached to the hospital. A private retirement home for elderly citizens Doctors plaza for consultation services Those facilities will be privately run and managed