ABOUT - Bahamas Securities Exchange

ABOUT DOCTORS HOSPITAL HEALTH SYSTEM

MISSION

Doctors Hospital Health System exists to provide a network of healthcare facilities which meet and exceed the healthcare needs and expectations of our patients, provides an enriching and rewarding professional work environment for our Associates and Physicians, makes a positive contribution to the advancement of healthcare in the Region, and provides increasing value to our shareholders.

VISION

Doctors Hospital Health System will be the best healthcare provider in the Region.

STRATEGIC PRIORITIES

Using the acronym G.L.O.W. (see below) and outlined in the G.L.O.W. Vision 2025 and beyond, Doctors Hospital has focused its strategic priorities to produce enhanced growth and development within the health system. THE GLOW TENETS REPRESENT: G - GROWING L - LEARNING O - OUTREACHING W - WOW!

OUR CORE VALUES

The phrase "We Care" is more than just a slogan to us, it is an acronym for the behaviors we believe are essential to our business: W - WELCOMING E - EMPATHETIC C - COMMITTED A - ACCOUNTABLE R - RESPECTFUL E - EXCELLENT

OUR BRAND PROMISE

To provide a safe, high-touch, high-tech, high quality and upscale healthcare experience.

WORDS WE OWN

Trusted and Best Care Now, Isn't Your Health Worth It?

TABLE OF CONTENTS

COVID-19: NAVIGATING THE PANDEMIC

2

EARLY STAGES

2

DH WEST

2

TESTING

3

RE-OPENING & THE NEW NORMAL

3

THE ROAD AHEAD

3

COVID-19 TIMELINE

4

CHAIRMAN'S REPORT

6

MANAGEMENT'S DISCUSSION AND ANALYSIS OF

THE FINANCIAL STATEMENTS

8

CONTEXT FOR FISCAL RESPONSE TO A GLOBAL CRISIS

8

KEY STRATEGIES AND RESULTING FISCAL PERFORMANCE

8

POISED FOR GROWTH

9

FINANCIAL STATEMENTS

10

BOARD OF DIRECTORS ANNUAL ATTESTATION

52

PROFESSIONAL ADVISORS

53

EXECUTIVE TEAM & BOARD

54

NOTATION

55

NAVIGATING THE PANDEMIC

EARLY STAGES

In December of 2019, the Wuhan Municipal Health Commission, China, reported a cluster of cases of pneumonia in Wuhan, Hubei Province. A novel coronavirus was eventually identified. Between December 2019 and March 2020 the novel coronavirus eventually identified as SARS-CoV-2 and later COVID-19, began spreading around the world ultimately culminating in being declared a pandemic on March 11th. As the pandemic arrived in The Bahamas, Emergency Orders, lockdowns, masks and social distancing became the norm.

Doctors Hospital responded quickly by implementing COVID-19 protocols which included the closure of the Shirley Street entrance, placing hand and feet sanitizing stations at the main entrance, screening Associates, patients and visitors upon entry for fever and other symptoms and the temporary suspension of in-room visitors to the hospital. During this time, the hospital also began identifying opportunities to diversify its offerings as inpatient and outpatient visits declined.

DH WEST

As The Bahamas fully entered its first wave of cases, Doctors Hospital entered into a form of public-private partnership for the use of our Doctors Hospital West facility on Blake Road. This location was to be used for the accommodation and treatment of moderately to severely ill COVID-19 patients. As at January 31, 2021 Doctors Hospital West has treated 220 COVID-19 patients. This partnership continued into FYE 2022.

TESTING

COVID-19

RAPIDTEST

COVID-19

COVID-19

As the medical community around the world learned more about the virus, testing became a critical component of managing the spread. Doctors Hospital entered this space by first offering the gold standard, confirmatory, Real-Time Reverse Transcription Polymerase Chain Reaction(RT-PCR) and eventually the Rapid Antigen (RA) test.

Throughout the remainder of FYE 2021 Doctors Hospital expanded its testing to include drive through locations at Doctors Hospital West, Town Centre Mall and Baha Mar (for guests and patrons) and a variety of other private businesses across the country. As at January 31, 2020 Doctors Hospital had administered nearly 200,000 COVID-19 tests.

Doctors Hospital continued to explore avenues for the expansion of testing and related services as it entered FYE 2022.

RE-OPENING & THE NEW NORMAL

Towards the end of summer, as the first wave of cases was coming to an end, The Government of The Bahamas began easing certain restrictions in the country leading to the re-opening of many businesses. At this time Doctors Hospital began offering screening and Rapid Antigen Testing services to business to assist in transitioning to a new normal. The most common of these services was the creation and adaptation of COVID-19 screening forms for staff, patrons, students and vendors of a variety of business, resorts and other institutions

THE ROAD AHEAD

At each turn of the COVID-19 pandemic Doctors Hospital has planned, prepared and positioned itself to thrive and to provide Trusted and Best Care. Doctors Hospital clearly remains integral in the treatment of serious and severe COVID-19 illness at our DH West facility. Our massive (>1000/day) testing initiative has led us into the hospitality industry with fixed partners like Baha Mar, Atlantis and floating partners like the cruise ships. The Health System remains committed to working as a partner with The Government of The Bahamas as evidenced by its work on the booking platform for the COVID-19 vaccine. Doctors Hospital is also poised to continue its diversification of services and plans exist to extend the Health System's footprint both in New Providence and around the country.

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download