Bank of Ghana has finally opened its state of the art hospital facility to the public. 

The 60-bed facility was constructed at the cost of €80 million and will be managed by a private entity under a 3 to 5-year arrangement.

The facility which will be named the Bank Hospital has been set up to operate as a commercial entity operating as a general hospital, to provide world-class OPD services, diagnostic services, and medical urology.

Managers of the facility

According to the Bank of Ghana After going through a lengthy selection process, Halcom Management Services (HMS) of South Africa was appointed by the Bank to manage the Hospital on behalf of the Bank.

And subsequently, the Committee commenced detailed due diligence of the counterparty ahead of final negotiations.

Subsequently, the Bank appointed a transaction lawyer to help with the negotiation process.

Speaking to JoyBusiness after the commissioning, Chief Executive of the Bank Hospital, James Van Vught said they are committed to proving world-class health service to the public at an “affordable price” or call it market price to ensure that no one is left out.  He added anyone and walk-in for treatment.

Governor of the Bank of Ghana on the hospital

Speaking at a ceremony to formally commission the hospital, Governor of the Bank of Ghana, Dr Ernest Addison noted that based on the recommendation of the committee that oversaw the establishment of the bank 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.”

The Governor of the Bank of Ghana noted that the commissioning of this edifice was a result of the foresight and hard work of our predecessors.

“Indeed, successive management teams in the Bank deserve commendation for the good work of supporting and improving on the facilities of the Clinic up until this point of the transition to a hospital,” the governor added.

History

As part of efforts to deal with the limited facilities which constrained, that the Bank of Ghana clinic was providing to its staff and client a decision to construct this hospital.

In 2012, mandated the then General Services Department and the Medical Department to develop a Needs Assessment to form the basis for the development of a hospital for the Bank.

Through a Competitive Tender Process in 2013, a Design and Build Contract was signed between the Bank and Universal Hospitals Group (UHG) for the construction of a 65-Bed Hospital on the Bank’s property at East Cantonments 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