1. Health Sector Governance Better Governance for Better Health Public Asset Management in Hospitals Ownership and Corporatization Mostafa Hunter

2. Responsibilities of the State
States’ Responsibilities
Safeguarding Public Health
Safeguarding Public Assets

3. What is an Asset? “a useful or valuable thing or person”.
An “asset” is a resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit.
Our message: assets are not necessarily “physical” in nature, HR and information can also be considered assets according to the first definition “valuable thing or person”

4. Four types of capital
Financial
Organizational
Human
Information

5. What are physical assets?
For most businesses, physical assets usually refer to cash, equipment, inventory and properties owned by the business. Physical assets are the opposite of intangible assets, which are non-physical assets such as leases, computer programs or agreements.

6. Hospital Ownership and Assets
Governmental
Private
NGO
Service
Ownership
Beneficiary
Every hospital has an owner, can be governmental private
they provide capita for the hospital for providing services for the beneficiary
.However, the role of the state includes but not confined to the guardianship of health and health services, is a safeguard of healthcare service delivery regardless of ownership.

7. Ownership of Public Hospitals
The governmental ownership of public hospitals can be through various entities of the state, such as:
Municipalities
Ministries of Health
Ministries of Higher Education
Local Governments
The ownership could be in different forms such as:
Trusts
Governmental authorities / departments or
State Owned Enterprises (SOEs)
Which government do we mean when we say the government?

8. Corporate Governance Framework
Chairman
Board of Directors
Owners/
Shareholders/
Stakeholders
CEO
Company
Management

9. Pure Commercial Purpose
In pure commercial enterprises, the owner agrees with the board on an ROI defined in financial terms
They agree on rate of return and dividend distribution policy, (amount of dividend, who receives it etc.), and capital structure
However, given the nature of hospitals, the organizations has to abide by high ethical standards and inclusive policies

10. Faculty Members (Physicians and Academics)
Non Commercial Public Hospitals – University and Educational Hospitals
treatment
Patients
Money
Undergraduates
education
Buildings
Faculty Members (Physicians and Academics)
Postgraduates
Equipment
training
Physicians
Employees
research
Publications + Impact
Optimum Utilization
Optimum Outputs
Optimum Impact

11. THANK YOU!