112 0 0 4 min to read

No UP-PGH services will be privatized: Balisacan

Arsenio Balisacan, the secretary for socioeconomic planning and general manager of the National Economic and Development Authority (NEDA), announced on Friday that the operations of the University of the Philippines – Philippine General Hospital (UP-PGH) in Manila would not be privatized.

Balisacan made the announcement following the approval of the PHP6 billion cancer center’s construction by the NEDA Board, presided over by President Ferdinand R. Marcos Jr.

“There won’t be any privatization of PGH services, just to be clear. The government will own the entire building, and PGH will continue to run as a public hospital “He stated this while speaking to reporters from the Palace.

The UP-PGH cancer center project is the first public-private partnership (PPP) initiative that the NEDA Board has authorized, according to Marcos, who met with the board’s members on Thursday at Malacaan Palace in Manila.

The proposed care center will be developed, designed, engineered, and constructed, according to Balisacan, the potential private partner.

“The facility will be built by a private partner. They will engineer, design, and build the facility before transferring it to UP-PGH “said he.

The project will be carried out using a Build-Operate-Transfer (BOT) system, which gives a private partner a concession to fund, develop, and manage a project over a certain period.

When the project is finished, according to Balisacan, it will be “one of the greatest cancer centers in Asia in terms of bed capacity.”

“The project will now move on to the next phase, which involves putting it up for bids to the general public. A bid is required. After potential private partners have presented their offers, a decision regarding the private partner will be made “said he.

“Implementation follows (will follow). Given the time required to complete this structure, particularly one of this kind, we anticipate it to occur within the next five years or so.”

With a 3,000 square meter lot, the projected cancer center will be able to accommodate 300 patients, including 150 charity beds for the UP-PGH area and 150 private beds.

The project’s objective is to build a UP-specialized PGH cancer hospital, which will update the region’s healthcare system and provide extensive, excellent, and reasonably priced oncology treatments.

Additionally, it aims to maintain all non-clinical services for the entire hospital complex, runs pertinent commercial ventures, offers clinical services to patients who pay privately in the private area, and covers all associated expenditures for clinical staff, pharmaceuticals, and consumables.

The building is planned to contain 15 to 20 floors, 350 parking spaces, 1,000 square meters of commercial space, and three linear accelerators (LINAC) bunker areas.

QR Code

Save/Share this story with QR CODE


Disclaimer


This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.

📩 Need to get in touch?


📩 Feel free to Contact NextGenDay.com for comments, suggestions, reviews, or anything else.


We appreciate your reading. 😊Simple Ways To Say Thanks & Support Us:
1.) ❤️GIVE A TIP. Send a small donation thru Paypal😊❤️
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
3.) 🛒 BUY or SIGN UP to our AFFILIATE PARTNERS.
4.) 👍 Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).


AFFILIATE PARTNERS
LiveGood
World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.


0 0 votes
Article Rating
Subscribe
Notify of
guest


0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x