Daily Newsletter

13 November 2023

Daily Newsletter

13 November 2023

Construction concludes on new hospital in Newfoundland and Labrador

The new 164-bed facility replicates the services of the existing hospital and includes an expanded cancer care programme.

November 13 2023

Canada's Newfoundland and Labrador provincial Government has announced the completion of construction on the new Western Memorial Regional Hospital on time and within budget.

It was constructed through a public-private partnership (P3) at a cost of C$750m ($543.19m).

The new 164-bed facility replicates the services of the existing hospital and includes an expanded cancer care programme with radiation services.

It features seven storeys spanning over 600,000ft².

Set to open next year, the hospital is linked to a 145-bed long-term care home.

The Corner Brook Health Partnership (CBHP), which was selected in 2019, oversaw the design, construction, financing, and maintenance of the hospital.

It handed over the project to Newfoundland and Labrador Premier Dr Andrew Furey marking the completion and commencement of the 30-year facility management term.

The environmentally friendly hospital incorporates a geothermal system expected to save 4.6 million kilowatt-watts every year.

The P3 approach is said to align with the province's goal of enhancing healthcare infrastructure, similar to the upcoming adult mental health and addictions hospital in St John's scheduled to open in 2025.

Furey said: “This new state-of-the-art acute care hospital will provide a more modern health care environment for the residents of the western region.

“The official handing over of the building from Corner Brook Health Partnership today represents a major milestone in our continued efforts to improve health care service delivery in our province.

“We worked with community partners to deliver this project on time and on budget, and I look forward to seeing the same for our government’s other major infrastructure projects, like the new adult mental health and addictions hospital in St John’s.”

The aging population is a captive market for medical devices

With rising pressure on governments, payers, and manufacturers to reduce healthcare costs, innovative medical technologies have tremendous potential to improve elder care. Advancements in medical device technology have resulted in a significant increase in the number of conditions that can be managed in a home care setting. To capitalize on this strong demand and growth, manufacturers are increasingly producing consumer-targeted equipment.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close