§ Lord Jacobsasked Her Majesty's Government:
What is the approximate total cost of constructing a 1,000-bed fully equipped hospital, including some provision for land. [HL3328]
§ Lord Hunt of Kings HeathEach hospital development is unique, reflecting local requirements and circumstances. We are therefore unable to give an approximate cost. A 1,000 bed hospital would almost certainly be procured through the Private Finance Initiative route. The capital value would be dependent on many factors such as location, with the land and construction costs varying considerably, with inner London prices at over 25 per cent, higher than in many other parts of the country. Other factors include the geography and nature of the site chosen, and whether it is new build on an existing hospital site a greenfield site or a major refurbishment project.