Private investors may cooperate on the teaching hospital

The intention of the government to build a new hospital in Bratislava with the help of private capital appeals to investors. The willingness to cooperate has already been revealed by Penta, the entrepreneur Ivan Kmotrík and the company Medirex. All of them already do business in health sector. It will be the first teaching hospital in Slovakia where a private investor should enter. The construction of new health facility for 250 million euros has to be paid solely by the investor. The investment should be returned to the investor by long-term contracts with health insurance companies, which will be provided by the government. The investor should also administer the hospital for a pre-agreed time whereby the ministry would lose a part of its reach on the operation of the facility. However, it claims it does not mean privatization yet a PPP project.