Doctor’s Hospital has received a $4.1 million injection through the sale of 500,000 voting participating common shares to Health City Cayman Islands Ltd.

Doctor’s Hospital President and Chief Executive Officer, Dr. Charles Diggis told ZNS News the new development creates an affordable option for Bahamians and patients in The Bahamas.

Dr. Diggis also spoke about the possible expansion of the health care facility outside of the jurisdiction. He said, “for us to move beyond the boundaries of The Bahamas we will require a well positioned partner and there’s no question that that’s Health City.”

According to the hospital CEO the cash injection will assist in the upgrade of services at Doctor’s Hospital. “This injection does enable us to effect the expansion in surgical services to include robotic surgery for example which is a reason why quite a number of Bahamians continue to travel to the US.”

Doctor’s Hospital Chief Financial Officer, Dennis Deveaux assured that despite this latest move Bahamians will continue to manage the hospital. He said, “Bahamians include significant shareholding blocks that are Bahamian would represent approximately 80% of the total shares outstanding for Doctor’s Hospital.”

Construction is currently underway on Doctor’s Hospital healthcare facility on the island of Grand Bahama.

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