New Nationwide Maternity Hospital additionally heading in the right direction to be the costliest of its sort on the planet, based on new report
The associated fee per sq. metre of deliberate new elective hospitals in Cork and Galway are on monitor to be twice as excessive as comparable amenities in different nations, an Oireachtas report has discovered.
The report on hospital building prices revealed by the Parliamentary Finances Workplace discovered that, when transformed for buying energy parity (PPP), the proposed new hospitals will price US$40,000 per sq. metre. This compares to the less-than-US$20,000-per-square-metre price of the Jim Pattison Outpatient Care and Surgical procedure Centre in Canada, which opened in 2011.

Comparability of elective care hospitals by estimated price per m2 (in 2024 $ PPP)
The indicative price of the 2 deliberate Irish elective hospitals have been in contrast with the precise prices of 19 comparable hospitals accomplished within the US, Canada, the UK and Spain. Throughout the 21 websites, the common building price per sq. metre was below US$10,000.
“The indicative up-front prices of the proposed new elective hospitals in Cork and Galway look like excessive on a per sq. metre foundation compared with different comparable hospitals within the dataset,” the report concluded.
The doc additionally in contrast the anticipated building prices of the deliberate new Nationwide Maternity Hospital (NMH) in Dublin with comparable accomplished initiatives in Northern Eire, the US, Canada and Kuwait.
Once more, the NMH had the very best per-square-metre price, at US$20,000. Compared, the Regional Maternity Hospital in Belfast was constructed at a price of lower than US$10,000.

Comparability of maternity hospitals by estimated price per m2 (in 2024 $ PPP)
Constructing contractors handed over the Northern Eire hospital to Belfast Well being and Social Care Belief final April. Nevertheless, its opening faces important delays after excessive ranges of the micro organism pseudomonas have been found in its water system.
Whereas Eire’s new Nationwide Youngsters’s Hospital (NCH) has been beset by its personal delays and excessive construct prices, the report discovered that, opposite to standard opinion, it’s not set to be the costliest youngsters’s hospital on the planet.
As a substitute, that title goes to the UCSF Benioff Youngsters’s Hospital in Oakland, California, which price over US$55,000 per sq. metre. This compares to US$15,000 per sq. metre for the brand new Dublin-based youngsters’s facility.

Comparability of youngsters’s hospitals by estimated price per m2 (in 2024 $ PPP)
An evaluation of 40 youngsters’s hospitals the world over discovered the common price per sq. metre for building was round US$11,000, with the brand new (NCH) the thirteenth costliest.
Nevertheless, when prices are in contrast on a per-bed foundation, the NCH is available in because the sixth costliest, at US$5,000 per mattress. The typical per-bed price throughout the 40 hospitals was round US$2,800, whereas the costliest, the Youngsters’s Well being Hospital in Dallas, Texas, got here in at a price of US$9,000 per mattress.
Whereas it’s now anticipated the price of finishing and opening the NCH will attain €2.24 billion, this contains the prices of merging three current youngsters’s hospitals into one at a company stage, in addition to the opening of two satellite tv for pc centres in Blanchardstown and Tallaght.
When these prices have been eliminated the PBO calculate the price of planning, designing, constructing and equipping the NCH at €1.794 billion, which is the price it has utilized in its evaluation.
Throughout all hospital sorts, the report discovered that capital expenditure for a brand new constructing is equal to round 5-10 per cent of its lifetime operational prices.
Charts: Parliamentary Finances Workplace report on Hospital Development Prices