Integrated quality assets

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Why it is important

A key part of Ramsay’s business strategy is driving stronger growth from the core and developing new growth platforms. This includes a pipeline of developments and potential acquisitions of additional hospitals, health services or businesses with relevant adjacencies. Ensuring these assets and new infrastructure are efficient and future-fit is essential to maintaining a resilient asset base.

Our management approach

Regional Development Committees are responsible for the development pipeline in our regional businesses. The Chief Business Development Officer has oversight across Australia and the UK and sits on the regional committees for Ramsay Australia and Ramsay UK (Acute).

Significant projects are overseen and approved by the Group Development Committee at a global level. Major acquisitions and developments are provided to the Board for approval.

Ecologically sustainable development (ESD) requirements are considered on a case-by-case basis; we see this as a growing opportunity and a focus going forward. Innovation and new models of care are also important  considerations in the development pipeline.

Impact boundary and stakeholders

  1. Patients
  2. Doctors
  3. Employees
  4. Government and regulators
  5. Funding partners
  6. Investors

Alignment

  • GRI disclosures: 203-1 Infrastructure investments and services supported, 203-2 Indirect economic impacts
  • SASB topic areas: Climate Change Impacts on Human Health and
    Infrastructure
  • SDGs: 8, 12, 13