Caritas – Hong Kong and Parkway Medical Services collaborate to redevelop Precious Blood Hospital (Caritas) to provide excellent and comprehensive healthcare services

Rev Joseph Yim, Chief Executive of Caritas – Hong Kong
(left), and Dr Kenneth Tsang, Chief Executive Officer of Parkway Medical Services (Hong Kong) Limited
(right) sign a Memorandum of Understanding on the redevelopment project of Precious Blood Hospital (Caritas) 

(23 May 2024 - Hong Kong) Caritas – Hong Kong (“Caritas”) and Parkway Medical Services (Hong Kong) Limited (“PMS”) signed a Memorandum of Understanding (“MOU”) today (23 May), marking a new milestone in the cooperation between Caritas and PMS on the redevelopment project of Precious Blood Hospital (Caritas) (the “Hospital”).

This MOU was signed by Rev Joseph Yim, Chief Executive of Caritas – Hong Kong and Dr Kenneth Tsang, Chief Executive Officer of PMS. Through this partnership, Caritas and PMS will co-create a new hospital campus which will involve creating new space for inpatient and ambulatory services. The clinical services of the redeveloped Hospital will focus on the provision of outpatient consultation, elderly healthcare services, and high volume day and elective operations or procedures. The key strategies of the collaboration include providing more affordable and high-quality private healthcare services to the community and actively participating in Public-Private Partnership (“PPP”) Programmes to provide timely care for patients and help relieve pressure on services of public hospitals.

The redevelopment project will be implemented in phases. The initial phase will focus on the creation of a new inpatient clinical space, which will involve moving outpatient services and non-clinical functions to an offsite location and setting up a new offsite ambulatory care centre. Current facilities such as the operating theatres will be upgraded. The next phase will involve renovation of the Hospital to allow provision of more beds and day procedures. The project also aims to develop a new ambulatory clinical block on a site adjacent to the Hospital in the longer run.

In his address at the signing ceremony, Rev Joseph Yim said, “We are delighted to join hands with PMS to initiate a series of collaborations that capitalize on each other's strengths in medical services. Our ultimate goal is to provide more professional and comprehensive medical services to the community through a better development of the Hospital.”

Dr Kenneth Tsang, Chief Executive Officer of PMS and Regional Chief Executive Officer of IHH Healthcare North Asia, said, “We strive to make high-quality healthcare more accessible to a wider community through engaging in various collaborative initiatives. We are delighted to partner with Caritas whereby we can contribute to the project our experience in hospital development and operation, as well as in delivering excellent and seamless service experience. We believe that the redeveloped Hospital will aptly address the healthcare needs of patients in the neighbourhood and beyond.”

Dr Joseph Lui, Caritas’ Medical Services Director, expects a strong synergy can be achieved through the partnership with PMS. The latter will play a key role in planning and management of the redevelopment project, as well as hospital operation. The Hospital will continue to be a “Catholic Hospital” maintaining its religious value and mission to serve the local population and those in need. A hospital board with the participation of both Caritas and PMS will also be formed to govern the operations of the Hospital in future. Dr Lui looks forward to exchanging knowledge and expertise with PMS to enhance the Hospital's service quality.