Establishing Private Health Care Facilities in Developing Countries

A Guide for Medical Entrepreneurs

Seung-Hee Nah, Egbe Osifo-Dawodu

• Publisher: World Bank Publications
• Year: 2007
• eBook ISBN: 9780821369487
• Edition: 0
• Topic: Medicine
• Subtopic: Development Economics

A practical guide for building sustainable healthcare facilities in developing countries. This resource empowers medical professionals and entrepreneurs to navigate the complexities of establishing private healthcare facilities in resource-limited settings.

Are you a medical professional with a vision to improve healthcare in a developing country? This guide provides essential tools for success, covering project concepts, feasibility, financing, and risk management. Learn how to navigate regulatory environments, secure investments, and construct facilities that meet community needs.

• Master feasibility and pre-feasibility analyses.
• Secure financing and manage investments.
• Implement effective marketing and pricing strategies.
• Construct and staff a sustainable facility.

Authored by Seung-Hee Nah and Egbe Osifo-Dawodu, MD, this insightful guide equips you with the knowledge to transform your vision into a thriving, impactful healthcare enterprise.

Table of contents

• Contents
• Foreword
• Acknowledgments
• Abbreviations
• Chapter 1: Introduction
• Chapter 2: Project Concept and Mission Statement
• Chapter 3: The Prefeasibility Analysis
• Chapter 4: The Feasibility Analysis
• Chapter 5: Obtaining Financing
• Chapter 6: Marketing Your Facility
• Chapter 7: Facility Planning and Design
• Chapter 8: Major Medical Equipment
• Chapter 9: Facility Construction
• Chapter 10: Facility Opening
• Appendix A: Sample Timeline for Building a Health Care Facility
• Appendix B: Millennium Development Goals
• Appendix C: Types of Public–Private Partnerships
• Appendix D: Health Status Indicators
• Appendix E: Health Facility and Hospital Development
• Appendix F: Evaluating and Selecting Hospital Consultants
• Appendix G: Typical Provider Payment Mechanisms
• Appendix H: Different Forms of Business Ownership
• Appendix I: Sample Project Cost Estimation Summary
• Appendix J: Summary of Project Costs and Financing Plan for a Greenfield Hospital Project
• Appendix K: Sample Format for a Financial Projection Model
• Appendix L: Sample Outline for a Business Plan
• Appendix M: Selected Examples of Financing Sources
• Appendix N: Additional Information on Preferred Shares
• Appendix O: Programming Individual Departments or Services
• Appendix P: Criteria for Selection of Medical Equipment and Products
• Appendix Q: Sample Table for Construction Cost Estimates by Category
• Appendix R: International Competitive Bidding
• Appendix S: Parsons META Hospital and Health Care Construction Pitfalls
• Appendix T: Sample Job Description for Director of Nursing
• Appendix U: 10 Rules for Planning a Hospital
• Suggested Reading
• Table 1.1. Private Health Expenditure as a Share of Total Health Expenditure, 2002
• Table 1.2. Overview of Facility Types
• Box 1.1. São Luiz Hospital and Maternity, Brazil
• Box 1.2. Prime Cure Group, South Africa
• Box 1.3. Asian Eye Institute, the Philippines
• Box 1.4. Fleury Diagnostic Center, Brazil
• Box 2.1. Excerpts from Sample Mission Statements
• Box 3.1. Challenges of Catchment and Competition
• Box 3.2. Protecting Your Business through Insurance
• Box 4.1. Accreditation of Health Care Organizations: JCAHO and JCI
• Box 4.2. The Importance of Design Functionality
• Box 4.3. Physician Shortage Limits Services
• Box 5.1. Dealing with Foreign Exchange Risk
• Box 6.1. Unique Characteristics of the Health Care Market
• Box 6.2. A Marketing Innovation: Franco-Vietnamese Hospital’s Medical Card
• Box 6.3. Targeted Marketing Efforts: The Apollo Hospitals Group
• Box 8.1. ECRI: Advisory Services on Health Care Technology
• Box 8.2. Leasing Medical Equipment: One Hospital’s Experience
• Box 8.3. Faulty Packaging Delays Delivery
• Box 9.1. Parsons META: Advisory Services on Development of Health Care Facilities
• Box 9.2. Saving on Costs through Construction Management
• Box 10.1. Pareto Analysis and Inventory Management
• Box 10.2. 10 Common Mistakes to Anticipate and Avoid
• Box 10.3. A Success Story: The Opening of Reddington Hospital
• Figure Project Management: Establishing a Private Health Care Facility
• Figure Step-by-Step Approach to Planning, Procurement, and Management of Medical Equipment