Abstract
Framework: Healthcare project finance (PF) involves long-term structural investments in
hospitals, typically within a public–private partnership (PPP). Banks represent the third major
stakeholder, supporting the private player. Within this well-known framework, digital platforms
represent a new virtual stakeholder, operating as a bridging node that incorporates information,
and eases transactions. The relationships among the stakeholders are re-engineered around the platform
and may be expressed with network theory patterns, even considering its multilayer extensions.
Justification: As these investments are highly leveraged, especially during the construction
phase, bankability represents a major sustainability concern. Objective: The research question is focused
on the savings deriving from the introduction of networked digital platforms, and on their
impact on bankability, shaping a new PPP model. Methodology: The study is conducted through (a)
an economic–financial sensitivity analysis where digital savings impact on key PF parameters, including
bankability; (b) a mathematical interpretation, based on network theory, where the stakeholders
of two ecosystems—respectively, without and with a digital platform—are compared. Results:
The creation of a value-adding “pie” anticipates its partitioning among the value co-creating
stakeholders. This study represents an advance in the field, showing how technological innovation
may improve the overall bankability and the value creation of leveraged infrastructural investments,
even beyond the healthcare industry.
Original language | English |
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Pages (from-to) | 1-19 |
Number of pages | 19 |
Journal | Sustainability |
DOIs | |
Publication status | Published - 2021 |
Keywords
- Value for Money
- economic sustainability
- network theory
- public–private partnerships (PPP)
- scalability
- smart healthcare