International Infrastructure and Capital Investment

Kentrik is an economic development company with a unique vision. We and our partners—educational, business, financial, government and non-government institutions—work together to achieve both non- and for-profit goals that are beneficial to all partners, parties and communities involved.

The Kentrik Economic Development Plan

The Kentrik Economic Development Plan consists of complimentary programs: The Kentrik Educational Exchange Program or KEEP™ and the Kentrik First Response Program or KFR™.

KEEP™ is a true educational exchange program that is designed to give the best and brightest medical professionals further educational and academic training in the United States on a full scholarship. At the completion of their course of study, Kentrik Scholars will return to their country of origin to become professional leaders in their particular medical field.

KFR™ is a major infrastructure, training and system investment project to revitalize and reorganize pre-hospital and emergency-room medical services. The project, depending upon the parameters determined in the Feasibility and Comprehensive Design Studies, will mean tens of millions of USD foreign direct investment for procurement of necessary equipment for both medical and centralized telecommunications dispatch, training of EMTs, nurses and physicians, build-out of modular emergency-room hospitals and ambulance dispatch centers. Once fully operational, KFR™ will provide more than one thousand new and better paying jobs for the country partner in which we invest.

The Kentrik Economic Development Plan can be described as a PPP or public-private partnership or multi-sector partnership that will require careful coordination with existing government and non-government programs. In this regard, our executives make preliminary visits to a potential partner country and conduct numerous meetings with foundations, business leaders, financial, educational and governmental institutions and other stakeholders working to develop sectors of the host country’s economy, its infrastructure and educational institutions. We identify opportunities for cooperation and coordination of mutual efforts with the objective of ensuring the most effective investment of resources and efficient achievement of goals.

Kentrik Educational Exchange Program - KEEP™

KEEP™ is a non-profit self-sustaining educational exchange program conceived as an ethical response and balanced approach to meet the needs for medical professional support in medical-staffing shortage communities while providing a true educational and experience exchange for medical professionals from economies in transition from which medical professional emigrate to find improved working conditions. Medical Staff recruiting firms have for decades recruited tens of thousands of foreign medical professionals, especially nurses, for permanent or temporary placement and work in the United States.

How KEEP™ works

Rather than charging recruitment fees as recruiting agencies do, Kentrik asks medical-institution partners to make a contribution to the program for each candidate enrolled. That contribution covers the cost of tuition and travel for each KEEP Scholar and the operational costs of the program. Kentrik covers the costs of candidate preparation such as language training and certification requirements, acclimation and further incidentals associated with transition into the educational environment in the US. Operational profits are shared with educational partners in the source country for the purpose of assisting the institution with infrastructure improvements, equipment purchases and enhancing teaching facilities, salaries and establishing new teaching positions and scholarships for deserving students.

In return for their involvement in the program, KEEP Participants receive a full scholarship to a renowned US educational institution for a certificate- or degree-granting program. They will, as an essential part of their curriculum and integral part of value of the exchange program, receive hands-on training and experience on campus at participating hospitals and clinics. This hands-on training experience in a US clinical environment is an essential part of the benefits the KEEP™ program is designed to furnish and a key element of the benefits which participating countries receive in terms of their participation in the program. It is the goal of the program to foster substantial improvements in professional qualifications and medical services which will translate into improved outcomes for source country patients and more efficient system-wide practices in its medical facilities.

Contributing partners in the United States will receive well-qualified medical personnel for temporary assignments to receive training a clinical setting that will assist contributing partners with understaffing in clinical environments. Participants will receive remuneration for academic training as is authorized under the auspices of their visa.

At the completion of the educational program, each participant will be required either by law or by the terms of the award of their scholarship to return to the country of origin where they will be given a leadership role either in a clinical or educational setting or both.

Retention of medical professionals in the source country long-term will depend upon a number of factors, one of the most important of which will be the possibility of presenting all professional and especially returning Kentrik Scholars with attractive career paths. Elements key to presenting attractive career paths are better infrastructure and wages as well as improved levels of professionalism and service to patients. Considering disparate rates of wages and infrastructure transition and improvements being achieved in various transition economies, it is by no means certain that returning scholars can be retained beyond the two-year cooling-off period.

Kentrik First Response - KFR™

By partnering with leading medical, financial and educational institutions, Kentrik has achieved unprecedented success in its medical business projects. The KFR™ Team has designed the BiH/RS innovative pre-hospital emergency services and central telecommunications dispatch system and successfully executed a project to reorganize of the Republic of Srpska health insurance laws and policies that led to annual savings in the tens of millions of Euros for the Republic of Srpska and its Health Insurance Fund.

Kentrik will bring the same successful management and expert team to the creation of the KFR pre-hospital and emergency room medical service project for its other partner countries.

KFR™ is executed in three distinct phases: (1) Feasibility and Design, upon execution of an MoU with the host government; (2) Build-out and Operation, upon execution of a long-term services agreement with the host government; and (3) Reinvestment of Profits and Further Development, under the auspices of the long-term services agreement with the host government.

Funding for the project will be achieved through Kentrik investment leveraged by stakeholder and partner institution support.

There are three distinct parts to KFR: (1) Centralized and universal nation-wide emergency telecommunications dispatch and routing; (2) Pre-hospital emergency medical care; and (3) Emergency room emergency, ICU and PCU medical care.

Each part of KFR™ will require intensive feasibility and design study to determine total resource commitments which include training and education requirements and infrastructure, equipment, hard and software procurement requirements and human resource requirements. Typically, each part will require, for instance, significant outlays for telecommunications hard and software, purchase, operation and maintenance of a fleet of new ground and air ambulances, hiring and training of hundreds to thousands local medical professionals, call dispatch operators, managers and other support staff to operate and manage the system.

The KFR™ expert team will work with government, world renowned financial institutions and experts and other stakeholders to assist with the creation of necessary programs, policies whether taxation, insurance or other appropriate funding mechanisms to ensure the most efficient means of funding the payment of services provided under the operation of the project leading to earliest appropriate ROI, loan payment maintenance, profitability and reinvestment of profits.

 



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