Tusa Private Hospital (TPH) in Lae is planning to sell its four properties to expand its business and to cater for the growing number of patients going to Angau General Hospital.
TPH general manager Henry Aikebuse Jnr. revealed this during an interview with the Post-Courier yesterday.
"These are the only assets that we’ve got but because we’ve got major plans underway to refurbish our hospital here in Lae, we’ve decided to do so.
"Talks and negotiations are still underway but everything should be finalised by early next year.
He further stated that that the hospital had been dealing with several administrative and legal issues during the past three years of its closure.
"We’ve managed to finally settle these issues and we are currently arranging to have the three properties in Goroka sold.
Mr Aikebuse said the decision came after an overall analysis of the hospital’s growth plan and a drastic measure had to be taken to deal with the current state of the hospital in Lae.
"The funds taken from the sale of these properties will enable us to further expand the hospital and have a few medical equipment added to the ones that we already have," he added.
The properties have been estimated to be over K7 million and a proper notice is expected to be put out for bidders to consider.
"We are also considering establishing a public and private partnership with other stakeholders and business houses so as to have the hospital fully operating again," Mr Aikebuse added.