KATH sets up GH₵120m endowment fund

Mr Kwaku Agyeman-Manu, Health Minister

Mr Kwaku Agyeman-Manu, Health Minister

Komfo Anokye Teaching Hospital (KATH) has launched a GH¢120 million endowment fund with an emphasis to deliver 21st century standard specialist medical care, training and research for the people of Ghana.

According to the Chief Executive, Dr. Oheneba Owusu-Danso, after the completion of the hospital by the colonial government in 1954, its status as a provisional hospital had now grown to be a tertiary health care centre.

He said the hospital received referrals from eight out of the 10 regions of the country and other neighbouring countries especially Burkina Faso and La Cote d’Ivoire mainly due to the availability of specialist services and its strategic geographical location.

Despite the enormous expansion and scope of operations over the years, its infrastructure base has not witnessed the corresponding transformation required for the effective delivery of its obligations.

He noted that in the late 50s the hospital handled about 100 outpatient cases but now attends to an average of 1,000 outpatient cases daily, the highest in the country and conducted more than 9,000 deliveries and 20,000 surgeries annually.

Stressing the need to re-position the hospital for a more effective delivery of its current multi-faceted mandate, the chief executive said an exercise was carried out to compile a list of equipment.

He said the assessment came to the conclusion that about GH¢70 million would be required to ensure the comprehensive re-tooling of the hospital while the need for expansion of the of existing clinical facilities and new ones to offer specialist services came to GH¢50 million.

The needed facilities, he indicated, included centres for cardiothoracic surgery, plastic and reconstruction surgery, transplant surgery, fertility services, central laboratory and general stores for the large volume of medical consumables and medicines in addition to the expansion of psychiatry and diabetes care centres.

He said the amount excluded the projected 120-140 million US Dollars that would be needed to complete the hospital’s 43 year-old maternity and children’s block project which the government has “so graciously pledged to complete in the next two years.”

The chief executive said the board of the hospital decided on two main strategies to address the equipment and infrastructure deficits by ensuring a prudent use of internally generated funds and establishment of an endowment fund to help mobilise the needed resources to address some of the operational challenges.

Dr. Owusu-Danso said the hospital on its own would be funding the acquisition of medical equipment on “a scale that is unheard of in the history of this country,” adding that key among the acquisition would be the procurement of two oxygen plants worth GH¢5.4 million solely from the internally generated funds.

The oxygen plants, he said, are expected to be delivered from the YSA by the end of 2018 and installed by the end of January 2019 to replace the more than 20 years old obsolete plant which was decommissioned 10 years ago.

An 11-member independent board of trustees made up of some distinguished sons and daughters of the country, had been set up to oversee the management of funds.

They include Dr. K. K. Sarpong, Chief Executive Officer of the Ghana National Petroleum Corporation, Mr. Opoku Boamah, Chief Executive of Opoku Trading Limited, Mrs. Gyamfua, Managing Director of Lamerta Hotel, Mr. Kwabena Kesse, Kessben Group of Companies and Nana Adwoa Dokua, Managing Director of Beauty Queen Hotel.


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