What did the New Royal Hobart Hospital Business Case show?
The Business Case looked at building a new hospital on the Railyards site as well as redeveloping the current site. The Business Case found that a new hospital on a new site would provide the best quality outcome in the shortest time frame for the lowest capital cost. The Railyards option could have been completed by 2015-16 and was estimated to cost $1.5 billion plus site clean-up costs and relocation costs in the order of $100 million. Redevelopment options on the current site could be completed by between 2018 and 2022 and were estimated to cost between $1.8 and $2.1 billion. However, both the Railyards option and immediate redevelopment on the current site have now been overtaken by the impact of the global financial crisis. So while the Business Case recommends building a new hospital on the Railyards site, the State Government can no longer afford the massive upfront investment and is examining alternative models to deliver a new hospital on the current site over a longer period