Case Study: The Kent Institute of Medicine and Surgery, UK The art of building a new, clinician led hospital The Kent Institute of Medicine and Surgery (KIMS) is a new £90m 15,000 square metre hospital campus, being built near Maidstone, Kent in the UK. KIMS has been designed by clinicians and will be a place of clinical excellence in providing acute care in areas such as cardiology, cardiac surgery, neurology, neurosurgery, orthopaedics and surgical oncology. Currently, there are no hospitals (public or private) in Kent that provide tertiary level specialist medical services to the local population. At present, both clinicians and patients in Kent have no alternative but to travel to London, which can mean the difference between life and death in critical cases. When it opens, KIMS will provide a ‘one-stop’ facility providing fast, efficient, onsite consultations, diagnostic testing and a comprehensive range of general and complex procedures. A long held ambition to best serve the community through a clinician-led approach President of KIMS – Franz Dickmann – explains the motivations for embarking on the challenge of creating a new hospital from scratch. “We have a strong desire to put the patient at the centre of healthcare – offering first class facilities and care through our team of clinicians. The only way to achieve this is to have clinicians fully bought-in from the outset.” Mr Dickmann, is being quite literal when referring to clinician ‘buy-in’. £5m has been invested in KIMS by the 350 or so consultants who will be practicing at KIMS. This is the first time that consultants have invested in a project of this kind and reflects the level of commitment from such a key group responsible for delivering patient care. “We are clinician owned and clinician led. The way KIMS is being built, designed and equipped is driven by our clinicians.” Indeed, when it came to selecting the healthcare equipment that will support the provision of world-class patient care, clinicians were at hub of the decision making process. Funding a new hospital Whilst having clinicians behind KIMS, significant other funding was required from the private sector in order to turn KIMS from an idea into reality. Mr Dickmann and his team saw 42 potential funders. However, securing the funding wasn’t without its challenges and timing did not help as this process was drawing to a close at the time of the financial crisis in 2008. Twice, KIMS thought they had “We have a strong desire to put the patient at the centre of healthcare – offering first class facilities and care through our team of clinicians. The only way to achieve this is to have clinicians fully bought-in from the outset.” Franz Dickmann, President of KIMS agreements in place with funders, and twice the deals fell through due to the tumultuous economic environment. Mr Dickmann and his team had to go out again to funders. “When it came to funding the healthcare equipment, we have found GE Capital to be an incredibly progressive company. GE Capital came up with the best deal in terms of price and service, and also have some excellent people, who have been trustworthy, supportive and patient throughout,” states Mr Dickmann. With building on schedule and an extensive equipment roll-out to happen in parallel, KIMS will open its doors to its first patients in April 2014. While the key benefits of KIMS will be for individual patients, it will also give a tremendous boost to the entire local medical community. The opportunity to interact on a regular basis with leading tertiary care experts will be enormously valuable to local doctors and hospital consultants. KIMS will invest 3% of revenue into research and development, featuring an on-site GE healthcare equipment training centre and offering a major programme of postgraduate medical education to ensure that local doctors are fully informed of developments at the cutting edge of modern medicine, ultimately to the benefit of their patients. Our Financial Solution •£11.5m leasing facility. •Funding of all medical equipment for the hospital. •Tailored to meet specific needs of KIMS, to scale and breadth required. •Essential medical equipment funded includes CT, MRI, X-ray, Ultrasound, and surgical equipment.