BAILE FELIX HOSPITAL PROJECT
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PROJECT PLAN –ESTIMATED OPEN DATE 2021
Timeline of Investment Projectt Open 144 beds Trauma Recovery Hospital with modern recovery facilities that can serve in addition to the hospitalized patients other 300 out patients per day – Target open date 2021 Create a Cardio Vascular Surgery Center – Second Stage Create SpinologyCenter - Third Stage Create Advance Imaging and Radiology Center -Fourth Stage
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Why Baile Felix?
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Băile Felix is the second largest resort in Romania and currently the focal spa center in the country welcoming several million tourists annually. Felix is the national jewel of thermal waters with proven therapeutic factors that can be used for both internal and external cures. The area has a mild continental climate that favors year round tourism. Location is in the proximity of Oradea which is the Art Nouveau capital of Romania that gives tourists the feeling of walking in a large outdoor architecture museum Oradea represents a site of excellence with a strong tourist vocation with stable political scene and undeveloped potential opportunities for investors.
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Key Factors of Success Hospital project is lead by a highly skilled professional medical team with over 30 years of entrepreneurial and medical recovery experience. The increase in the aging population segment associated to an increase in development of chronic diseases: stroke, Parkinsons, cranio-cerebral trauma, spinal cord trauma, spinal vertebral trauma, multiple sclerosis, degenerative diseases, post operation status after endoprosthesis articulation replacement, etc. There are only a few specialized recovery hospitals in Romania whereas 1:5 Romanians is a senior.
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Targeged Areas of Recovery Neurological recovery from brain injuries including treatment of vegetative states Spinal Cord injury recovery Posttraumatic recovery Cardiovascular recovery
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Initial Investment Breakdown 15 million Euro Funds will be used to build a Trauma Recovery Hospital with modern recovery facilities. Services that will be offered by the new hospital: » hydrokinetic therapy using basins with thermal water » kinetic therapy » robotic therapy (Lokomat, DAVID concept for spinal cord diseases); augmented virtual reality » psychotherapy, speech therapy » therapeutic massage » aerosol therapy » electrotherapy » mud and paraffin packing » underwater shower massage and galvanic baths » laser therapy » transcranial stimulation lab with repetitive electrical/electromagnetic pulses » occupational therapy and occupational therapy rooms
Main Revenue Streams Reimbursements for health services covered by Romanian Insurance Agency (CAS) Full reimbursement of health services from patients Co-payments from insured patients based on the level of services provided and respectively the accommodations Reimbursements from private health insurance agencies or institutions
Future Spinology Center specialized in spinal cord traumatology Cardiovascular surgery center Imagery (MRI, CT, DEXA) and interventional radiology
This hospital was designed taking into consideration the high number of Romanian patients with recovery needs, which now are waiting at minimum 2-3 months in order to be admitted and receive treatment. The department for patients with vegetative states will be the first one ever to be developed in the country.
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Baile Felix, Bihor - România