“International Diagnostic Center” Project

The project was developed in 2013 to be realized in Moscow. The total floor area of the International Diagnostic Center equals 18 000 m2. The Center consisted of 40-bed in-patient clinic, 4 operating rooms (angiographic, arthroscopic, ophthalmologic, endoscopic), out-patient department with 60 consulting rooms, diagnostic department with heavy and light diagnostic equipment (MRI, CT and ultrasound scanners, Х-ray devices, mammography unit, densimeter) and own laboratory facility.

We have provided the following services to the Customer - construction of the business plan, development of the medical concept, financial feasibility study of the project. The investment memorandum for finding and attracting partner or financing was also prepared.

Design solutions for the International Diagnostic Center were developed in co-operation with Russian representative office of Austrian company “VAMED”.

The main idea of the project was to develop a medical diagnostic hub in Moscow, which will be able unite Russian and World healthcare systems. The concept was bases on following background:

1. Center of integrated hi-tech diagnostic, operating according to the modern standards of patient examination. Aims to establish diagnosis and to make decisions on the choice of tactics for the further treatment.
2. Center of Specialized Hi-tech Surgery, operating according to the international quality standards.
3. Hub of medical treatment abroad by means of partnership with world`s leading clinics and through applying unified guidelines for patient`s examination and telemedicine consultations.

The total amount of funding for the medical organizations is estimated as 3 200 million rubles, including capital and operating expenditures (working capital formation and losses in the first period of the project), 3 000 and 200 million rubles respectively.

Meanwhile the net present value of the medical center project, including the terminal value, is estimated as 480 million rubles with internal rate of return of 19% and payback period of 7,5 years. Project income after achieving operational effectiveness (in around 4 years) is estimated as 2 200 million rubles with EBITDA Margin of 35% (building is being owned by the Customer)