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.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.