News
7 key risks in PPP health care projects
- Author: Pavel Karpunin
- Services: Health Care and Pharmaceutical Industry, Project financing / Public-Private Partnership
- Date: 28.10.2019
Pavel Karpunin, Partner at Capital Legal Services, spoke about the key potential risks when structuring the legal model in health care at the III Industry Forum on Public and Private Partnerships: “Invest in Health” in Kazan.
The Head of the PPP and Project Finance practice at Capital Legal Services named the following key risks:
- The risk of the mandatory medical insurance tariff not being enough to provide financing.
- The mandatory medical insurance tariff and double financing.
- Commercial activity by a private operator.
- Liability of the parties.
- The target operation of the facility and technical maintenance.
- Procedure for using the property and transferring it from the private party to the public party.
- Technical maintenance and servicing of the object of the agreement.
We should note that the Capital Legal Services PPP team indeed has substantial expertise: in 10 years, over 60 PPP projects have been implemented. In particular, CLS is providing legal support for the first Russian PPP project in health care – the construction and servicing of seven medical institutions in Novosibirsk.
Pavel Karpunin, the Head of the PPP and Project Finance practice at Capital Legal Services, in Kazan