KMTC to intensify resource mobilisation for financial stability

Oct 9, 2024 - 16:56
 0
KMTC to intensify resource mobilisation for financial stability

By Peter Ochieng

The Kenya Medical Training College (KMTC) is working on an ambitious plan aimed at securing additional resources to address its financial shortfalls.

Through the plan, the institution seeks to raise Sh30 billion to support the implementation of its Strategic Plan 2023-2028.

Speaking during a training session for Principals and Managers on resource mobilisation on October 8, 2024, KMTC Chief Executive Officer (CEO) Dr. Kelly Oluoch called on staff to strengthen their efforts in generating funds for the College.

“Without adequate resources, the College cannot operate effectively or achieve its ambitious goals,” he stated, as highlighted on the institution’s social media platforms.

"We are focusing on intensifying our resource mobilisation efforts by exploring income-generating activities and optimising fee collection to secure the additional funds required."

Dr. Oluoch emphasised the importance of promoting environmental sustainability, encouraging campuses to partner with like-minded institutions to promote tree planting and establish tree nurseries, aligning the College with green initiatives.

The government’s austerity measures introduced in March 2024, he said, have led to a 30 percent reduction in approved recurrent budgets for state corporations for the 2024/2025 financial year, heightening the need for innovative resource mobilisation efforts at KMTC.

Dr. Oluoch urged the KMTC community to support the nationwide rollout of the Social Health Authority (SHA) program, which replaces the National Health Insurance Fund (NHIF). He revealed that KMTC has been tasked with leading SHA awareness and mobilisation efforts in Kisumu and Homa Bay counties.

To prepare for the transition, he added, KMTC has introduced a Diploma in Health Insurance Management to equip the healthcare workforce for the new scheme.

“This initiative is expected to significantly advance Kenya’s Universal Health Coverage (UHC) goals by making healthcare more affordable, accessible, and high-quality for all citizens,” said the CEO.

On her part, KMTC Deputy Director of Finance, Planning, and Administration Lucy Chebungei, highlighted said that the additional funds raised will be directed towards expanding and modernising KMTC’s facilities.

“If each Campus could raise as little as Sh2 million annually, it would collectively amount to a significant sum that could greatly help us meet key needs,” she said.

The College has 84 Campuses and 5 satellites, located in 45 of the 47 counties across the country.

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