HOSPITAL PPP: PERSPECTIVE OF FINANCIERS Frederico Araujo Turolla [email protected] PPP for hospitals versus other infrastructure •Different forms of hospital PPPs and specific features •The distribution of OPEX and CAPEX over project life •The impacts of the dynamics of the hospital business and health care policies 2 Securing funding for hospital projects •General bankability issues in hospital projects •Brazil’s health systems and PPPs •Issues in financing OPEX •Beyond the official funding agency: investment funds and capital markets •Demand risk allocation •Project support and credibility •Scaling up PPPs in Brazil 3 Frederico Araujo Turolla [email protected]