Technological innovation is transforming healthcare processes, modifying the investment perimeter of health infrastructures looking for better quality and sustainability. Business models become more complex and interdependent, with new value drivers that have to be interpreted with consolidated patterns, considering the capacity to generate liquidity (cash is king) even for debt servicing. The study analyses the bankability issues of technological investments in healthcare trying to understand how public needs can be matched with private targets backed by their sponsoring banks, within a Public Private Partnership framework. This study shows that the traditional lending approach has to be adapted to a scenario where both operating and technological risks increase. Risk management processes have to be reengineered, and incorporate higher expected returns linked to Result-Based Financing methodologies in order to assess the bankability of the investment.
|Titolo tradotto del contributo||[Autom. eng. transl.] Bankability of technological investments in healthcare: public interest and private finance|
|Numero di pagine||9|
|Stato di pubblicazione||Pubblicato - 2019|
- Risk management,