Brazil: Hospital do Subúrbio
This series provides an overview of public-private partnership stories in various infrastructure sectors, where IFC was the lead advisor.
Brazil’s first public-private partnership (PPP) in health dramatically improved emergency hospital services for one million people in the capital of the state of Bahia, Salvador. Located in one of the most underserved districts, the Hospital do Subúrbio was the first state hospital built in the Salvador metropolitan area in 20 years. The transaction closed on May 28, 2010 and a new 298-bed hospital opened in 2010.
A consortium composed by Promedica, a leading Brazilian regional health care company, and Dalkia, a French company specializing in facilities management and non-medical services, won the bid. The concessionaire is responsible for equipping, maintaining and operating both clinical and non-clinical services at the hospital for a term of ten years. Promedica & Dalkia invested $23 million in the first year to equip the hospital, and is expected to invest an additional $9 million over the life of the concession.
