The Malta Independent 29 February 2024, Thursday
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Steward sets up website with ‘significant’ information on hospitals deal

Friday, 17 March 2023, 17:49 Last update: about 13 months ago

Steward International said Friday it is giving unprecedented public access to the financial details relating to the hospital concession under its management in Malta.

“This is part of our commitment to transparency and our duty to the Maltese people, who we believe deserve clarity over the use of taxpayer funds,” Steward said in an introduction to the website.

On Thursday Steward said it was terminating the concession for three hospitals a days after it filed an appeal to the judgment in which a court of law rescinded the agreement Steward had with the government.

On Friday, Steward said that it has set up a website “which contains significant amount of information relating to the hospitals concession’s finances and administration.”

This includes significant data relating to the management of Gozo General, Karin Grech, and St Luke’s hospitals during the period under its management and records relating to the preceding Vitals Global Healthcare (VGH) era, Steward said.

“We will update and expand the information provided on this site over time and strongly encourage the Government of Malta to publish all expenses and financial data for government-run hospitals for context, including Mater Dei Hospital,” the company said.

When Steward International arrived in Malta on completion of the VGH acquisition in 2018, “we found a concession in disarray,” Steward said.

“The administrative and financial structures were not fit for purpose, and there were no management accounts for the preceding three years,” it said.

Steward International said it has worked hard to transform and professionalise the administration of the concession in accordance with best international practice and standards.

The website may be accessed here

 

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