Support The Moscow Times!

Investors to Run Hospitals

City Hall will allow private investors to run hospitals under concession agreements, the deputy mayor for social development told Ekho Moskvy radio, Vedomosti reported Thursday.

Explaining the rationale for the plan, Leonid Pechatnikov said authorities aimed to achieve a high quality of medical services without providing funds.

Operators will be chosen at tenders, he said, adding that City Hall had already received proposals from nine investors, including insurance companies.

In particular, the European Medical Center is seeking to manage Clinic No. 63 on Prospekt Mira under a concession deal and invest up to 150 million euros in the hospital, Pechatnikov said.

(MT)

Related articles:

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

As we approach the holiday season, please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world’s largest country.