The implementation committee of the newly commissioned Bank of Ghana hospital has recommended the hospital to be run as a commercial entity. This is part of the Business model guiding the operations of the hospital which will operate as a general hospital providing world-class OPD services, diagnostic services, and medical urology.
With this model, the clinical business model at the OPD is expected to generate its own income to fund operational activities.
“The Committee recommended that the Hospital needed to be operated via a multi-disciplinary teamwork approach with the clinical business units at the OPD being allowed to generate its own income to meet some of its operational costs. Based on these considerations, the Bank of Ghana Board and Management opted for the Management Model of over 3-5 years”.
In line with the recommendations, the Governor of the Bank of Ghana, Dr. Ernest Addison, stated that the Bank appointed a sub-Committee of the Board of Directors to oversee the tendering process.
“Given the complex nature of the services being sought by the Bank, the Committee conducted a two-staged tender process to select a partner with the necessary level of technical capacity to operate a 65-bed, multispecialty hospital as well as the financial proposal most advantageous to the Bank”.
Cost of the Hospital
Dr. Addison further noted that the process went through two phases after which Halcom Management Services (HMS) of South Africa was appointed by the Bank to manage the Hospital on behalf of the Bank.
According to the Governor, the Design and Build Contract was signed in 2013 between the Bank and Universal Hospitals Group (UHG) for the construction of the 65-Bed hospital at a cost of about 80 million Euros.
This was expected to expand the infrastructural base of the Bank Clinic to adequately cater for its growing clientele, provide quality healthcare services, and create a congenial environment for effective operations within the Clinic.
Meanwhile, the Governor has assured that the hospital will serve all persons and not only staff of the central bank, contributing significantly to making healthcare assessable to all Ghanaians.
“…All these processes were conducted with the collective will, cooperation and commitment of all involved to the best interest of the Bank of Ghana. So, finally, here we are today with this state-of-the-art Bank Hospital, that is designated to not only serve Staff but also add to the efforts at addressing the health care needs of the country”.
Readiness to work with management of the facility
On July 1, 2020, the Bank of Ghana Clinic relocated to the Bank Hospital premises and commenced primary healthcare services for staff and pensioners. Meanwhile, the Governor noted that the process to set up a Bank Clinic begun in 1987 and has subsequently transitioned to its current state over a 34-year period.
“We have moved from a Clinic with outpatient facilities and limited operations to a Medical Facility with both in-and out-patient comprehensive facilities. I am certain that the transition process will not stop here but will continue and the Bank will provide all the necessary support in this endeavor. The Bank stands ready to work with the new Management in diverse ways possible to achieve this objective”.
