Construction starts on new hospital driven by Medibank joint-venture

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The construction of Adeney Private Hospital, which will be operated by a doctor-led joint venture with Medibank, is underway.

Centuria Capital Group recently broke ground on the four-storey building that is located in the eastern Melbourne suburb of Kew. Completion is expected in mid-2024.

The hospital will provide four operating theatres, an endoscopy theatre, a procedure room, 30 beds, radiology services and a chemotherapy infusion clinic, as well as a two-level subterranean car park providing 80 spaces.

Centuria Prime Partnerships (CPP) is developing the property as a fund-through project and will retain ownership at build completion. The hospital will be operated by a joint venture between a group of 42 highly specialised medical professionals and Medibank through its Amplar Health business.

The new hospital replaces a decommissioned 1970s hospital on the same site. The old hospital was demolished in May this year.

The facility will look to provide Orthopaedics services, Ear, Nose and Throat (ENT), Vascular, Plastics, General Surgery, Urology, Gastroenterology, Anaesthetics, Oncology, and Radiology.

Vascular surgeon Professor Michael Grigg AM said, “The community is calling for increased options in healthcare delivery, with many welcoming a short hospital stay with increased at home support.

“This new facility is a significant personal investment by specialist doctors and by Medibank in the Australian Healthcare System. The joint venture is committed to delivering new short stay models of care minimising out-of-pocket costs for the patient, where clinically appropriate, across numerous modalities.”

Medibank Group Executive and CEO of Amplar Health, Dr Andrew Wilson, echoed Professor Grigg’s comments, “The hospital will expand our no gap program, providing eligible customers with a choice in how their treatment is delivered, minimising unnecessary time in hospital and reducing out-of-pocket costs.”

Andrew Hemming, Centuria Healthcare managing director, added, “We are proud to be part of this, original development that sets a new benchmark in Australian healthcare, aligning the interest of patients and operators and creating more cost-effective and care-oriented outcomes. Centuria has worked closely with the operator to design a fit-for-purpose property that caters to modern healthcare procedures including specifically curated operating theatres and recovery spaces to maximise operational efficiency."