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Komfo Anokye Teaching Hospital (KATH) has seen a substantial increase in its internally generated revenue over the past six months, with weekly earnings now ranging between 2.9 and 3.2 million cedis, compared to the previous average of 1.2 million cedis.
This represents a remarkable growth of over 150% in revenue, reflecting the hospital’s enhanced financial performance and operational efficiency.
Chief Executive Officer, Prof. Otchere Addai-Mensah, explains, “the revenue base of the hospital has improved since I came in. If we spend 42 or 45 thousand cedis to feed them occasionally, though it is not much, they appreciate it.”
The mid-year performance review of the Komfo Anokye Teaching Hospital was themed “The New KATH Agenda: Recalibrating Efforts for Enhanced Health Service Outcomes.”
During the reporting period, the hospital’s management highlighted significant progress, primarily in infrastructure development, funded through internally generated funds.
A total of 2.6 million cedis was invested in renovating the Physiotherapy Centre and Laundry Unit.
Additional renovation work on the old Dialysis Centre, Main Theatre, and the establishment of a new 24-hour laboratory and Assisted Reproductive Technology (ART) Centre is nearing completion.
Despite these investments, the hospital remains financially stable. Service delivery has also improved, with outpatient and diagnostic services exceeding their targets.
“The attitude of some workers, doctors, and nurses has improved because when wrongdoings are brought to management, punitive measures are taken so that these things are not associated with us as a hospital,” he added.
Meanwhile, management is working towards improving synergy with staff and enhancing professionalism among team members.
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