Neda Board approves reforms in equipment supply, financing in UP-PGH Cancer Center

THE National Economic and Development Authority Board has approved the updated parameters, terms and conditions for the University of the Philippines-Philippine General Hospital Cancer Center Project, which includes improvements in the equipment supply and financing to meet global best practice standards.

The agency said the updated structure for the UP-PGH Cancer Center project ensures the facility will be designed in a way that enables PGH doctors to deliver patient care and teaching “more safely and efficiently and be responsive to evolutions in technology and clinical practices.” “The selected private partner will design, finance, construct, and commission the hospital, and procure, maintain, and provide periodic replacement of medical and non-medical equipment,” Neda explained.

“Revenues from clinical services to private self-paying patients and commercial activities will enable the private partner to lower the Annual Payment, making the project more affordable given the numerous health infrastructure projects that the government has to provide budgets for,” Neda said.

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