This case study describes the public-private partnership to construct the New Royal Adelaide Hospital (NRAH) (replacing the obsolete Royal Adelaide Hospital) at a price of A$1.7 billion in 2009. The 35-year concession was eventually granted to a consortium, the South Australian Health Partnership (SAHP), as well as the authorities agreed to make an annual service payment to the association of A$397 million a year once the hospital was completed in 2016. Rising state debt in the aftermath of the global monetary crisis led to protests by opposition politicians when the cost of the NRAH was said to have increased.
New Royal Adelaide Hospital Australia's Largest Health PPP Case Study Solution
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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