Vladivostok, September 2, 2021 – Gazprombank, PPP Infrastructure LLC (part of Gazprombank Group) and Medscan JSC signed a document laying out the tentative terms of cooperation on issues pertaining to the creation of a regional network of Medscan medical clinics. The project envisions investments of at least RUB 70 bln.
The foundation of the project, developed by Medscan Group, rests on the erection of an entirely new – or reconstruction of an existing – standard multidisciplinary medical center spanning a total area of 4,500 sq. m with a throughput capacity of no less than 130K visits per year. Each such center is to be fitted with cutting-edge high-tech equipment for diagnostic radiology, as well as with ultrasound and endoscopic equipment.
According to the project, the medical facilities will have an outpatient clinic for adults and children (roughly 35 examination rooms for the most commonly-consulted clinical specializations), a surgical wing and a 40-bed inpatient ward.
The project design was developed to be suitable for application in cities with a population of over 200K. Over the mid-term, Medscan JSC plans to create more than 70 such medical centers in different regions around the country. The respective negotiations are being held with the local authorities in more than 60 constituent entities of the Russian Federation.
“We are particularly attentive to social projects that would have a positive impact on the entire country. Our partnership with Medscan Group will make it possible to build successful experience in the implementation of investment projects involving the creation of a fundamentally new kind of healthcare facility with the potential to improve the urban environment in dozens of cities around the country. As an active participant on the infrastructure-project market, Gazprombank is strengthening its positions in the promising and dynamically-developing private healthcare financing segment,” noted Pavel Brusser, First Vice President – Department Head, Infrastructure Projects and Public Private Partnership Department at Gazprombank.
“This is one of the most sweeping private-medicine projects in terms of the modernization of frontline healthcare and implementation of the national “Healthcare” and “Demography” projects,” said Evgeny Tugolukov, the founder and owner of Medscan Group.
The network is expected to be rolled out in stages, in partnership with Gazprombank Group. It is anticipated that Gazprombank will act as the primary lender and develop a standardized financial model to be adjusted as appropriate for each individual medical center. Medscan JSC, in turn, will become a co-investor and the medical operator under implementation of the project’s medical concept.
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Background:
Gazprombank ranks among the TOP-3 leaders of the Russian banking sector by main volume indicators (according to INTERFAX-100. Banks of Russia) as well as among the largest financial institutions in Central and Eastern Europe.
Gazprombank provides a wide range of services to corporate and private clients. The Bank provides services to key sectors of the Russian economy – gas, oil, chemical and petrochemical, metallurgy, electric power, mechanical engineering, transport, construction, communications, agro-industrial complex, trade and other industries. The Bank boasts many years of unique experience in the arrangement of project financing and placement of debt instruments on the Russian and international capital markets, the provision of financial and advisory services involving project, corporate and debt financing, as well as experience in the field of corporate investment management both in Russia and abroad.
Gazprombank’s retail business is focused on providing modern high-tech products and services. As of the beginning of 2021, the Bank was providing services to roughly 5 mln individual customers. The Bank’s retail loan portfolio as of year-end 2020 stood at more than RUB 660 bln, with a retail deposit portfolio in excess of RUB 770 bln.
Medscan JSC forms part of Medscan Group, a private medical holding founded by the entrepreneur Evgeny Tugolukov. The holding’s foundation was laid in 2013 with the creation of the Medscan network of multidisciplinary medical companies. In 2018-2020, the group dramatically expanded the sweep of its business geography with the acquisition of networks and standalone clinics in Moscow, Kursk, Perm and Voronezh. Since 2018, the holding’s flagship asset has been Hadassah Medical Moscow: an official branch of the Hadassah University Hospital in Jerusalem and Russia’s first and only foreign hospital – a resident of the International Medical Cluster (IMC) at Skolkovo. As of August 2021, Medscan Group encompassed 37 medical centers in 18 cities throughout 10 Russian regions (including diagnostic centers; surgical hospitals; multidisciplinary family medical centers; specialized clinics (including oncological); scientific research and clinical trial centers).
In 2020, the total annual turnover of the companies managed by Medscan Group amounted to roughly RUB 4.1 bln.