BSP Life (Fiji) Limited (BSP Life) as owners of Suva Private Hospital Limited (SPHL) is pleased to announce that effective from 1st January 2017 the ownership of the operational assets, staff and business of SPHL has been acquired by a new entity called Oceania Hospitals Pte Limited (Oceania Hospitals).
Oceania Hospitals is a new private Hospital partnership between BSP Life in partnership with MIOT International through their investment arm MIOT Investments Limited. Oceania Hospitals will be trading as MIOT Pacific Hospitals.
MIOT Pacific Hospitals will be fully managed by MIOT under a management contract. MIOT will bring their key personnel and clinicians to manage and compliment the local team.
Today's announcement is to inform the general public and key stakeholders of this important milestone. BSP Life has always had the intention to support any initiative that will provide better healthcare to the people of Fiji and the Pacific region. This partnership with MIOT International, a 1000 bed quaternary care hospital offering 63 specialists in Chennai, India, will bring about the much needed and previously unavailable medical services and facilities to the Fijian people.
The Fijian Government has continued to encourage investment in the healthcare sector and we are pleased that we could take the lead in this initiative. MIOT has committed to invest with BSP Life in this partnership towards developing the current infrastructure of the Suva Private Hospital to a modern hospital.
The new MIOT Pacific Hospital will, over the next few months, bring about more specific specialist skills to complement and improve our healthcare industry. The intention of MIOT Pacific Hospitals is to also fill the void in the Specialist areas where there is a significant skill shortage. All the staff of SPHL have been engaged in the new entity without loss of any employment. MIOT will be further complimenting the current resources with additional human and technical resources.
An official launch of the services and the personnel of the new Oceania Hospitals Limited t/a MIOT Pacific Hospitals will be held on the 18th January 2017. We are pleased that the Honourable Attorney General and Minister of Economy Mr. Aiyaz Saiyed Khaiyum has agreed to officiate at the event.
We wish to thank all Government agencies that have been involved in assisting the Oceania Hospitals in the various rigid processes that we had to undergo to bring this new venture to fruition.
We also would like to thank all those that have had a part in contributing towards the growth and development of SPHL.
MIOT Pacific Hospitals will be changing the landscape of the healthcare industry for the benefit of all Fijians. More will be revealed at the official opening on the 18th of January 2017.