Pursuant to Decision No. 568 of the Council of Ministers dated 29.07.2022, BDB offers long-term financing to multidisciplinary hospitals for active treatment that have emergency departments, which are subject to the state’s policy for recovery and development of hospitals (Hospitals of Systemic Importance for the regions – HSI). The program includes investment and/or working capital loans for improvement of the infrastructure and medical equipment in order to increase the scope and quality of the medical services provided. When necessary, hospitals shall implement a “Plan for Restructuring and Financial Stabilization of Cash Flows” approved by the Ministry of Health with introduced target values and indicators, which includes a schedule for repayment of arrears and a plan for achieving a positive result from the activities. Medical establishments shall have a training facility and train medical students and trainees, as well as have a realistic positive cash flow assessed by BDB.
Program for financing of multidisciplinary hospitals for active treatment of systemic importance for the regions
Eligible costs
For investments:
✔ Future costs for repair activities and acquisition of fixed tangible assets directly related to the activities of the hospitals, which are included in a “Business Program” presented to the Minister of Health
Working capital:
✔ Costs for payments to suppliers of HSI
The loan funds shall be utilized upon:
✔ Purchase/acquisition of fixed tangible assets eligible for financing under the Program, including specialized medical equipment, including the possibility to make partial and advance payments upon submission of cost justification documents;
✔ Contracted construction and repair activities based on submitted bills of quantities, construction contracts, etc.;
✔Documented costs recognized by the borrower that repay the latter’s payables to suppliers.
