Building or renovating as a hospital?

The construction or renovation of a hospital requires considerable financial resources. In this section, we provide an overview of the available channels and subsidies that can be used to realise such projects. Most of the financing comes from VIPA funds, but the BFM also offers opportunities. However, in practice, the available subsidies are always insufficient to cover the total cost.

How can a hospital close this financial gap? What strategies are available to attract additional investors or to present a strong case to the bank? And how do you draw up a sound financial plan for a large-scale construction project?

In the first part, we will receive a theoretical explanation of the financing options and the structure of a sustainable financial plan.

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In the second part, we will follow the concrete example of the new construction of the Lokeren campus of AZ Vitaz. Financial Director Isabelle Perilleux will explain step by step how the financial plan was developed and what points of attention and challenges were involved.

This course can easily be combined with the course “Introduction to Budget Financial Resources”, which takes place in the morning at the same location. Registering for both courses entitles you to a discount.

Tailored to the target audience

The course provides an introduction to investment funds. It is therefore not intended for employees who have already built up knowledge and expertise in this area, but is aimed in particular at new finance staff.

The course may also be of interest to directors or board members who are not financial directors but are interested in the financing of large projects.

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In addition, doctors who sit on the medical council or who are simply interested in hospital financing can also participate in the course.

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Finally, the module may also be of interest to employees of health insurance funds, banks and insurance companies, or other organisations in the healthcare sector who would like to have an idea of what the financial aspects of a new hospital building or renovation look like.