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Philippines gets 80million for new hospital development project

November 21st, 2010 Comments off

$80M for private hospital

By Laura Matthews • Pacific Daily News •
November 20, 2010

An investment group from Manila — including a
hospital and a medical school — will put $80
million in cash toward the development of the
planned private hospital in Dededo, the project’s
chief proponent said.

The proposed hospital will be called the Guam
Regional Medical City.

The Manila group’s investment is almost half of the
$198.8 million needed to complete the first phase of
the hospital that will not involve use of federal or
local tax dollars, said Peter Sgro, president and
board chairman of the Guam Healthcare and
Hospital Development Foundation. The foundation
is leading efforts to develop what will become the
island’s first private hospital.

Sgro said yesterday the $198.8 million doesn’t
include the cost of the land the hospital will be built
on because that will be paid for by cash reserves
from the primary investor.

Once completed in January 2014, phase one of the
hospital will have 130 hospital beds for acute care
and 16,000 square meters of floor space. The
island’s government hospital, Guam Memorial
Hospital, is licensed to operate more than 158
acute-care beds, Pacific Daily News files show.

The proposed private hospital will create 520 jobs,
according to Sgro.

“Generally, when calculating the number of
employees to efficiently staff a hospital, an industry
standard ratio of 3.5 employees per acute-care bed
is utilized,” Sgro said. “In the case of this project, a
ratio of four employees per acute-care bed was used
because of the need to factor the significantly high
rate of chronic diseases on Guam.”

Sgro said the Manila hospital that’s part of the
investment group and the Foundation already has a
collaborative relationship with the institutions
including the Mayo Clinic, Cleveland Clinic,
University of Pittsburgh Diabetes Institute and
University of Pittsburgh Medical School.

Discussions also are ongoing with potential
investors from Japan and South Korea, Sgro said. He
said representatives for these investors will be on
island next week to meet with the private hospital
development team to discuss the financial viability
of the project and the high standard of care that is
expected by the primary investor and operator.

The development of this hospital isn’t just a health-
care issue, but also an economic one.

Sgro said approximately $78 million leaves Guam
annually to pay hospitals and clinics in Hawaii, Los
Angeles, San Francisco, Seattle, Manila, and a few
other locations.

“Because of Guam’s population size, services such
as any transplant services would be virtually
impossible to support financially since medical
teams and associated equipment, medication and
related processes are extremely expensive,” he said.
“Because of that, there will still be a need for off-
island care for such services, but the goal is to
retain within our own economy at least $55 million
of the approximately $78 million currently leaving
island.”

The new hospital also is expected to help the
economy through its medical tourism component.

Discussions are happening with Japan-based
hospitals and Korea-based hospitals for the rotation
of U.S. board-certified physicians currently
practicing in those two markets.

http://www.guampdn.com/article/20101120/NEWS01/11200303/-80M-for-private-hospital

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Qatar Conference to Present Issues of Regional Development

November 4th, 2010 Comments off

http://www.tradearabia.com/news/ECO_188555.html
350 decision-makers to take part in Qatar conference
Doha: 1 hour and 49 minutes ago

More than 350 international and regional delegates and over 40 expert speakers are expected to take part in Meed’s Qatar Projects 2011 conference in January.

Held under the patronage of Abdullah bin Hamad Al-Attiyah, Deputy Premier and Minister of Energy & Industry of Qatar, the conference takes place from January 8-9 2011, at the Grand Hyatt, Doha.

Al-Attiyah will also provide the keynote address on the first morning of the conference.
Stakeholders and decision-makers of Qatar’s energy and non-energy sectors will discuss, through 27 interactive sessions, a range of issues including the economic and financial landscape, plans for the downstream and upstream energy markets, power and water infrastructure, Qatar’s National Vision 2030 and Masterplan, transportation, social and healthcare development plans, sports, real estate and urban planning and industrial investment opportunities, said a statement.

The conference will also include a Masterclass to be held on February 7 highlighting the essential risk assessment and strategy planning for contractors doing business in Qatar.

The event kick-starts with opening remarks by Edmund O’Sullivan, chaiman of MEED Events.

The opening panel session on banking and finance, titled “An in-depth look at the current economic developments and financial landscape in Qatar”, will host high-profile speakers such as Sheikh Abdullah Saoud Al-Thani, Governor of Qatar Central Bank and George Nasra, managing director of IBQ.

Additionally, the conference will host a league of other prominent speakers such as Abdulsattar Al Rashed, executive MD of Qatar Power Company; Jan Arve Haugan, CEO of Qatalum; Nafez A Bseiso, Venture Group manager of RasGas; Mohammed Siddiqui, director of treasury & planning at Nakilat; Eng Jamal Al-Kaabi, manager of design department at Ashghal; Osama Hadid, MD of Al Jaber Engineering; Ali Saif Al Malki, head of water networks, Qatar General Electricty & Water Corporation (Kahramaa); Eng Issa M Al Mohannadi, CEO of Dohaland; and Hassan Al-Thawadi, CEO of Qatar 2022 Bid Committee.

According to online projects tracking database, Meed Projects, there are about 240 projects currently planned or underway in Qatar with a total value topping $260 billion. This includes some mega, world-class projects such as Doha’s International Airport, the Barzan Gas Project, the Shell Pearl Project and Education City development.

About 58 per cent of the projects are already in an execution stage. The top 10 projects in Qatar have planned to invest about $119 billion and are expected to be completed between 2011 and 2015. The projects Index for Qatar has grown by an impressive 27 per cent over last year, owing to the government’s steadfast plans to boost infrastructure.

IBQ is Platinum Sponsor for the third year running for the conference, while Qatar Petroleum is the strategic partner. Other supporters of the event include CitiBank, Mott MacDonald and Patton Boggs LLP. – TradeArabia News Service

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INX announces healthcare project completion

November 2nd, 2010 Comments off

INX Announces Healthcare Project Completion
HOUSTON–(BUSINESS WIRE)–INX Inc., (NASDAQ:INXI – News; the “Company”; or “INX”) announced today that it has successfully implemented a unified communications and data network for a major healthcare provider in North Texas.

“We look forward to an ongoing relationship with this healthcare partner as they continue to build new technologically advanced medical facilities. Advanced IT infrastructure can substantially improve the efficiency and effectiveness of healthcare and INX is at the forefront of providing these innovative solutions to the healthcare industry.”
.INX recently completed the technology solution for a premier healthcare development and management company that builds health partnerships for specialty healthcare services and hospital-physician joint ventures. INX was engaged to design and implement a data and unified communications network for a new hospital facility in North Texas.

INX was chosen for this engagement because of the consultative, service-oriented approach, focused on mitigating risk of the IT project. The project was recently completed, and represents approximately 1.1 million in product and service revenue to INX.

Located in North Texas, the new hospital features a state of the art communications and data networking infrastructure. The solution creates a unified communications and data network to support almost all hospital communications including voice, video and data. Nearly 450 voice over IP (VoIP) phones were deployed throughout the hospital to allow all voice communications traffic to run on the data network to lower communication costs and provide advanced feature sets oriented specifically towards healthcare. One such advanced feature is the ability to intelligently tie together the hospital’s nurse call system and the VoIP phone system to enable faster nurse response time to patients, a mission critical variable. By enabling nurses to receive nurse call alerts on their wireless IP phones, INX’s client is providing true value to the hospital by improving process through reliable technology. The entire solution allows the hospital to communicate via voice or data seamlessly and supplies the hospital with the foundational technology needed to enable future advances like RFID asset tagging to track hospital assets and video communications.

Jon Groves, Vice President of Professional Services for INX said, “We look forward to an ongoing relationship with this healthcare partner as they continue to build new technologically advanced medical facilities. Advanced IT infrastructure can substantially improve the efficiency and effectiveness of healthcare and INX is at the forefront of providing these innovative solutions to the healthcare industry.”

ABOUT INX INC.:

INX Inc. (NASDAQ:INXI) is a leading U.S. provider of IP communications and data center solutions for enterprise organizations. INX offers a suite of advanced technology solutions focused around the entire life-cycle of enterprise IP network communications and data center infrastructure. Services are centered on the design, implementation and support of network infrastructure, including routing and switching, wireless, security, unified communications, and data center solutions such as storage and server virtualization. Customers include enterprise organizations such as corporations, as well as federal, state and local governmental agencies. Because of its focus, expertise and experience implementing and supporting advanced technology solutions for enterprises, INX believes it is well positioned to deliver superior solutions and services to its customers. Additional information about INX can be found on the Web at www.inxi.com.

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MTA and University Richmond Partner for Medical Tourism Certification

November 1st, 2010 Comments off

The Medical Tourism Association and the University of Richmond have launched a “Medical Tourism Certification” program, which will officially launch in 2011. The University of Richmond’s School of Continuing Studies will work in partnership with the Medical Tourism Association in creating a curriculum and selecting instructors.

For more information click the following link:

http://www.marketwire.com/press-release/MTA-and-University-Richmond-Partner-for-Medical-Tourism-Certification-1342291.htm

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MTA Launches Global Directory of Medical Tourism Leaders

November 1st, 2010 Comments off

The Medical Tourism Association has created another valuable product for your benefit. The Medical Tourism Association’s new “Who’s Who Directory” acts as a phonebook to help you easily gather contact information for those who you want to connect with and expand your network. Other great offers and opportunities lay within as well. Check out this press release for more information.

http://www.marketwire.com/press-release/MTA-Launches-Global-Directory-of-Medical-Tourism-Leaders-1342237.htm

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