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Erasmus MC prepares for long-term investments in the healthcare of tomorrow

Annual report 2024

 

The healthcare sector faces significant societal pressures, including an aging population, workforce shortages, and rising costs. Ensuring that care remains accessible and affordable is critical. ‘This requires sustainable investments in infrastructure and accelerated innovation,’ says Paul Boomkamp, CFO and member of the Executive Board of Erasmus MC.

Groundbreaking scientific research, innovative technologies, and the intelligent use of data are essential to achieving major medical breakthroughs. These elements are also key to transforming the healthcare landscape. Digital advancements play a pivotal role in reducing demand for care, alleviating workloads, and empowering patients to take greater control over their treatment.

To realize its ambitious future plans, Erasmus MC is investing in a state-of-the-art children’s hospital, a pioneering environment for psychiatric care, and an innovative research tower. These projects require a total investment of €700 million. In these new facilities, we will collaborate on concrete healthcare challenges, advance digitalization, and foster cross-disciplinary innovation through shared facilities and equipment.

To sustainably finance such investments in the future, a structurally positive financial result is essential in the coming years. The 2024 result stands at €71.7 million, as reported in the annual report. This represents 2.9% of total revenue, which amounted to €2.5 billion – an operating margin in line with Erasmus MC’s multi-year financial plan. The result includes a €6.6 million contribution from the Admiraal De Ruyter Hospital.

‘Our strong financial performance enables us to continue investing in a solid future, and this is thanks to the dedication of all our colleagues in patient care, research, and education,’ says Boomkamp. He extends his gratitude to all 18,000 Erasmus MC employees: ‘Together, we achieved an incredible amount in 2024.’

Additional information

Below you will find our annual reports, the environmental annual report, focusing on the various aspects of Erasmus MC's Environmental Care System, and the Erasmus MC public annual report, in which our own patients talk extensively about their illnesses and the treatment(s) they receive in our hospital.