The Government of Queensland in Australia has announced an investment of $142m (A$200m) to further improve hospitals in the state.

This new investment will be directed to help the hospitals address increase in Covid-19 cases as well as any pressures on the health system.

The funding will be used in four areas including any increased costs in dealing with rising Covid-19 cases, capital works, to support for out of hospital care.

Additionally, it would be used to support virtual models of care such as virtual care hubs, IT platforms and engaging Health Direct.

Queensland’s new investment will add to the government’s allocation of more than $1.4bn (A$2bn) to manage Covid-19 and critical services.

It was made possible by the state’s strong economic recovery, which was revealed in mid-year fiscal and economic review.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

Queensland Premier Annastacia Palaszczuk said: “It’s because of our strong health response that we have such a strong economy.

“Strong and healthy Queenslanders make for a strong and healthy economy so it stands to reason that we should return some of those dividends to keeping Queenslanders healthy.”

Palaszczuk further added that the first dollars from this dividend will be spent on continuing to keep people in the state safe.

The government has committed to build new healthcare facilities in Springfield, Coomera and Bundaberg. It also unveiled plans to build seven new satellite hospitals in the state.

This year the state’s budget has increased to $15.7bn (A$22.2bn).

In August this year, Queensland government has announced an extra funding of $120m (A$163.7m) for the addition of 351 new beds across the state’s hospital network.