HEALTH & MEDTECH PROSPECTUS 2021/2022 - Invest Frankston
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HEALTH
& MEDTECH
PROSPECTUS
2021/2022
Invest Frankston Health & MedTech Prospectus 2
IF IT’S
INNOVATION
YOU’RE
AFTER,
INVEST
FRANKSTON
IF you’re looking to be part of a IF YOU’RE READY
dynamic and progressive health and TO BECOME PART
OF AN ESTABLISHED
medical services hub, Frankston City AND REPUTABLE
is just what the doctor ordered. HEALTH CARE
INDUSTRY, YOUR
Over the past decade Frankston City NEXT CHAPTER
has transformed into an industry- BEGINS IN
FRANKSTON.
leading health hub, servicing the
booming Mornington Peninsula and Frankston City has so much to offer,
Melbourne’s South East. including:
Our rapidly expanding health sector large and skilled health
A
presents a range of opportunities for sector recruitment pool
primary and allied health businesses ccess to industry leading
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to more specialised services, such MedTech manufacturers and
as hospitals and medical specialists. medical researchers
Frankston is set to be a health
Health and Education precinct
A
care leader long into the future. As
featuring some of Melbourne’s
Australia’s MedTech and Pharma
most reputable health education
capital, the Melbourne metro region
and health care facilities
has become renowned as a world-
class contributor with some of the pportunities to develop and
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best universities, teaching hospitals invest in Frankston becoming
and medical research facilities. a world leading health care city
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nrivaled work-life balance,
With a strong focus on fostering featuring coastal living and
cross-industry collaboration and a vibrant cultural scene
innovation, Frankston is set to
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roximity to infrastructure
continue growing as a health care
and transport
stronghold in Australia.
Invest Frankston Health & MedTech Prospectus
01.
THE IF
ADVANTAGE
Whether you’re a major player or new to the game, IF it’s a well
seasoned health care industry you’re after, Frankston is ready
for you.
The health care industry is a vital part In Frankston, inter-industry partnerships
of the fabric of Frankston, contributing are consistently being developed and
a massive $1.2 billion to the city’s annual strengthened. With all the right ingredients
$12.7 billion output. to support your growth, you’ll have access
to top tier, locally based, medical research
The Health Care and organisations, health care providers,
Social Assistance sector MedTech manufacturers and pharmaceutical
organisations.
is Frankston’s largest
employer, accounting for Located close to Frankston Hospital,
Frankston Private Hospital, and Monash
a significant 20 per cent University’s School of Primary and Allied
of the city’s employment. Health Care, Frankston is on track to become
Australia’s education and research leader.
$1.2 9,200 HOME TO
BILLION EMPLOYED MONASH
in health care and social assistance in health care and social assistance UNIVERSITY
output annually in Frankston one of the Group of 8 Universities
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Invest Frankston Health & MedTech Prospectus
5
CASE STUDY
Invest Frankston Health & MedTech Prospectus
LEARN AND
EDUCATE WITH
MONASH
UNIVERSITY
GET TO KNOW FRANKSTON
Featuring location and learning opportunities second to none, Monash’s
School of Primary and Allied Health successfully combines first class
education with an unrivalled lifestyle. With a uniquely Australian
environment, Head of the School of Primary and Allied Health, Professor
Terry Haines, shares what makes a Frankston education so special.
1. TELL US A BIT ABOUT 2. HOW DOES 3. WHAT BENEFITS
MONASH’S SCHOOL BEING BASED DOES BEING BASED
OF ALLIED AND IN FRANKSTON IN FRANKSTON BRING
PRIMARY CARE. SUPPORT THE TO THE UNIVERSITY?
The school is made up of six teaching EDUCATION Most of our students come from
departments and one research OF MONASH’S the South East corridor so getting to
centre. The teaching departments STUDENTS? the campus is very easy. There’s so
based in Frankston are physiotherapy, Being collocated at the Health and much potential for growth. We hope to
occupational therapy and paramedicine. Education Precinct is a distinct reach out into the areas of Pakenham,
Social work, medical imaging and advantage. You can get to the hospital Cranbourne and other growth spots to
general practice are based on other so quickly from the university, it’s just become the key education provider for
Monash campuses. Our Frankston based across the road. This makes it very these areas. We want to be catering for
research centre is The Rehabilitation, easy to take theory into practice. For growing populations.
Ageing and Independent Living Research example, our physiotherapy course has
Centre. Its focus is very much aligned a very high rating and draws in people 4. WHAT ARE SOME
with the activities of physiotherapy, from all of Melbourne. It’s the leading OF THE LIFESTYLE
occupational therapy and the nursing program in the country in terms of BENEFITS OF
departments on campus. student satisfaction. People come from BEING BASED IN
far and wide to participate in it. FRANKSTON?
Frankston was viewed as being the The Frankston campus is a really
most appropriate location for this, given Our other faculties are also big draw Australian environment. You’ve got an
the city’s ageing population and also cards, including business, nursing and abundance of gum trees and native
the need to provide research leadership midwifery, and education. We have a birds. At the Frankston campus you get
for providers of services in the area. wide set of offerings at the Frankston a beautifully serene, native landscape
We also have the National Centre campus. We’ve also got a growing to enjoy while you study.
for Healthy Ageing, which the school international student population, with
and research centre are a part of. The people coming from other countries to Around the corner from the campus is
centre was established as part of a $32 study the courses that we have at the Jubilee Park and the bay is nearby, so
million investment. Frankston campus. there’s lots of access to open spaces.
Being here really gives people the
opportunity to live and study at an
enjoyable pace.
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Invest Frankston Health & MedTech Prospectus 8
Invest Frankston Health & MedTech Prospectus
02.
IF MEDICAL
RESEARCH
IF you’re looking to get into the medical research game,
Frankston’s the name!
As a leader in the region for health research models of care for those who need it
and clinical trials, Frankston offers researchers most. Prioritising aged care, mental health
unique and exciting opportunities. Monash and addiction, successful models will be
University Peninsula Campus and Frankston scaled up and rolled out across Australia.
Hospital are set up to accommodate a range
of projects and programs. Bringing together Monash University and
Frankston Hospital, this facility will play a
Demographic factors also provide a unique vital role in securing better health outcomes
research pool. The Mornington Peninsula for local and national residents alike.
region has a higher ageing population than
the state average with one in five people over 2. National Centre
the age of 65. for Healthy Ageing
Included within the Health Future Hub,
Frankston is proud to be the National Centre for Healthy Ageing
the home of a community of will be the first of its kind in Australia.
thriving medical research The National Centre for Healthy Ageing
organisations, including will fast track and improve the health
care of the nation’s most vulnerable
Peninsula Health which has people. It will bring together major
been conducting clinical health training, education and research
trials for over 20 years. activities at Monash University and
Frankston Hospital.
Already Peninsula Health, Frankston
Hospital and Monash University Peninsula Through the use of state-of-the-art
Campus have formed a Centre of Excellence ‘living labs’ and technology, new models
for Alcohol and Other Drugs, looking to of care will focus on delivering greater
gain an international reputation for research independence so people can stay at
specific to this health area. home for longer and avoid unnecessary
hospitalisations.
To create opportunities for more research
and clinical trials in the future, Frankston is The centre will work on industry leading
becoming home to a series of new facilities: studies including two comprehensively
funded dementia research projects. One
1. Health Futures Hub of which will be the first in Australia to
Thanks to a $55 million investment use electronic data to develop ways of
by the Federal Government, Peninsula monitoring the prevalence of dementia.
Health and Monash University, this
hub will be dedicated to designing and
delivering improved and integrated
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Invest Frankston Health & MedTech Prospectus 03. IF OPPORTUNITY With our finger on the pulse of what’s to come, IF you’re next generation health, make an appointment with Frankston City today. The health care sector has been invaluable Here in Frankston, you’ll to Frankston City’s rapid growth. This is aided by the impressive level of investment the find the land of opportunity. industry is currently experiencing, including three major private hospitals committing millions towards redevelopments. 10
FRANKSTON HEALTH PRIORITIES
AND EDUCATION FOR THE
PRECINCT PRECINCT’S
FUTURE
Playing a vital role in supporting the health THE FUTURE IS BRIGHT
and wellbeing of the wider South East A high-level feasibility study has illustrated
INCLUDE:
Melbourne region, Frankston’s Health and the council’s ability to develop and deliver
Education Precinct supports a collaborative a Frankston Health and Education Precinct
and integrated approach to health care and to guide us into the future. With the precinct
reating opportunity
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learning. Already featuring many industry- already an invaluable asset to Frankston City for all
leading initiatives, this health and education and the wider Melbourne region, over the
hub represents a bright new future for coming years the precinct will continue to
Australian health care. grow in all the right directions.
ontinuing to grow
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as a world class
Employing a significant The development of the precinct will centre
regional education
number of Frankston on the creation of inviting streetscapes and
accessible transport connections between destination
residents, the precinct has precinct facilities and the wider community.
been an important part of
Placing people at the heart of the upporting the
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Frankston’s revitalisation. development, the precinct will offer an
longevity and vitality
unparalleled environment for health care
IF you want to play a role in making
and education workers, precinct residents, of Frankston and
Frankston a health care world-leader, your
expertise will be welcomed.
as well as the entire Frankston population. wider communities
Combining high quality commercial offerings
The precinct has received a resounding and amenities, alongside industry leading
vote of confidence from both the Victorian innovation, the precinct represents a unique roviding lively,
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and Federal Governments with upcoming opportunity to make your mark in a rapid modern and high
developments including: growth environment.
quality amenities
$
562 million redevelopment of The long-term vision for the precinct includes:
Frankston Hospital, including 120
Improved and expanded accommodation eveloping a
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additional beds, two new operating
theatres, a women’s clinic and special
options for students and health care collaborative
workers
care nursery, maternity, obstetrics and environment that
children’s wards. ccess to a diverse range of amenities
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benefits the whole
$
32 million for an industry leading reater connectivity to Frankston’s CBD
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‘Health Futures Hub’ operated by and beyond health care sector
Peninsula Health and Monash University ngaging and modern urban planning
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$
10 million for a Paediatric Emergency uilding a cohesive
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Centre at Frankston Hospital
environment for the
whole community
to enjoy
11Invest Frankston Health & MedTech Prospectus
A HISTORY OF has affiliations with leading academic Highly sophisticated computerised
EXCELLENCE institutions such as Monash University human simulators provide students
With a 40 year education history, the Health and Deakin University. the opportunity for hands-on training
and Education Precinct is a destination for in emergency situations.
The hospital is a multidisciplinary facility
high quality education and training and plays
providing services including medical and 2. Monash University
an essential role in meeting the demands of
surgical, mental health, maternity, and With a longstanding reputation for
Frankston’s growing health and education
paediatric. The hospital includes: excellence in nursing, allied health,
sector. Offering the chance to provide and
experience successful and exciting careers, education and business, Group of
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54 beds providing general and
the precinct attracts first-class health and 8 University, Monash, provides a
specialist medical and surgical
education workers. variety of courses for all levels of
services
study. Approximately 58 per cent of
Within the Health and Education Precinct T
he academic centre is a shared the 4,500 students at the campus are
you’ll find: facility that accommodates enrolled in courses relating to health
professional development for care professions, including nursing,
1. Frankston Hospital Peninsula Health clinical staff, midwifery, physiotherapy, occupational
Operated by Peninsula Health, the teaching of Monash University health therapy and paramedicine.
hospital is the major provider of acute professional students and expanded
secondary and tertiary hospital services joint research activities. 3. Chisholm
in South East Melbourne. In its role as T
he Simulation Centre enables Home to 12,000 students in 131 courses,
a major teaching centre, the hospital learning to be realistically replicated. Chisholm is one of the largest providers
12Invest Frankston Health & MedTech Prospectus
of vocational education and retraining and ENT, as well as day surgery and rovide support and access to
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in Victoria. Their significant focus on oncology services. In 2017, the hospital commercialisation activities and health
health and community services includes completed a major redevelopment and care expertise
courses relating to alcohol and other expansion project, to improve its ability
evelop commercial accommodation,
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drugs, mental health, community to service the wider community.
health care facilities and retail property
services, working with disability, health
rovide amenities and hospitality
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services assistance, dental assistance THE TIME IS NOW
and nursing. The Frankston Campus has
The precinct represents an opportunity to As the precinct expands there will be a
recently undergone a major $75 million
strengthen Frankston’s role as a major health greater demand for expertise and services
redevelopment with a future $64 million
and education hub in Australia. Exciting across a range of industries. IF you’re ready
Stage 2 development confirmed.
opportunities exist across a range of sectors to help build healthier futures, we’re ready
in health services, technologies, property for you.
4. Frankston Private Hospital
and lifestyle services. IF you’re ready to
Supporting a range of private health
help shape the future of health care and
needs, Frankston Private Hospital
education, opportunities exist to:
houses acute medical and surgical
patient beds, a High Dependency Unit, ommercialise ideas coming through
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operating theatres and a pathology research or clinical experience
laboratory operated by Australian
ndertake R&D by capitalising on
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Clinical Labs. The hospital offers
the expertise of the city’s universities,
orthopaedics, urology, general surgery
hospitals and workforce
13Invest Frankston Health & MedTech Prospectus
IF MEDTECH
MANUFACTURING
AND SERVICES
Frankston is home to an abundance of 3. Alphacare
highly skilled and specialised manufacturers. Servicing the aged care, hospital,
Whether you’re seeking MedTech services allied health and wholesale markets,
or a MedTech manufacturer looking to join a Alphacare is a specialist provider of
thriving community, right here in Frankston medical and rehabilitation equipment.
you’ll find:
4. Frankston’s Industrial precincts
1. Lovell Surgical Solutions
Frankston’s industrial precincts at
A leading developer of innovative Seaford and Carrum Downs include a
surgical devices, from surgical procedure wide range of available modern and
kits for ophthalmic, heart and lung brand new industrial buildings, in a
and gynaecology to DNA testing kits. variety of sizes that would suit MedTech
Lovell are the Australian distributor of and Pharma new investments or
the Xenios range of integrated heart expansions. The city’s precincts feature:
and lung therapy solutions. If it’s
something specific you’re after, Lovell omponent manufacturers and
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offers contract manufacturing both suppliers with a history of innovation
domestically and internationally.
xisting MedTech and Pharma
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manufacturers and distribution bases
2. Hodei
Hodei specialises in the design and skilled manufacturing workforce
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commercialisation of innovative products raining opportunities for staff
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for the health care sector and have
grown to become the largest supplier of
infant feeders to Australian hospitals.
14Invest Frankston Health & MedTech Prospectus
15Invest Frankston Health & MedTech Prospectus
04.
IF LIFESTYLE
IF you’re looking for a place that makes a statement, for your
team to live, play and enjoy, Invest Frankston.
Frankston has it all; pristine beaches, access beer and distilled gin. What’s more, all this
to great education, connectivity sure to boost action is just a stone’s throw away from the
your productivity and a calendar packed crisp country air.
with cultural events to keep your business
flourishing and your family busy. All brought Here you’ll find an oasis of work-life balance
to you with affordability and convenience. where your passions are fostered and
interests are catered to. Stretching along
Want to swim in the ocean after work on 11km of stunning coastline, within easy reach
a hot day, or enjoy dinner with family and of Metro Melbourne, Frankston combines the
friends at a local eatery by the water after a best of coastal and city living.
long day? It’s all possible in Frankston.
With unparalleled access to transport,
Frankston’s buzzing city centre features the education and health care, you and your
works of local street artists and enviable team will want for nothing.
artisan cafes and bars serving locally brewed
16Invest Frankston Health & MedTech Prospectus
IF you need to get from A to B? No problem. We’ll get you there.
With expanding road infrastructure and an The award-winning Frankston Station
enviable public transport network, wherever has given a fresh face to public transport.
you need to go is always within arms reach. Here you’ll find trains departing Frankston
With Melbourne CBD and many other Station to Melbourne every ten minutes,
South Eastern suburbs under an hour away, with the Stony Point service connecting
travelling to and throughout Frankston is the Mornington Peninsula to Frankston.
easier than ever.
Regular local bus services, including
The EastLink tollway is the fastest and a Skybus connection to Tullamarine airport,
most direct route from Melbourne to means public transport offers a convenient
Frankston City. With Nepean Highway alternative to getting around.
a scenic alternative, taking you along the
coast and through inner city suburbs from The Victorian and Australian Governments
Melbourne through Frankston towards the are also undertaking extensive upgrades to
Mornington Peninsula. Frankston’s transport networks, meaning the
city’s connectivity and livability is set to soar
The alternative is Peninsula Link, directly even higher!
connecting Frankston and outer Melbourne
suburbs to the Mornington Peninsula
through winding country roads past world
class vineyards.
WITHIN LESS THAN AN HOUR YOU CAN REACH:
FROM FRANKSTON TO JOURNEY TIME (APPROX.)
Airport (Tullamarine) 55 minutes
Melbourne (CBD) 50 minutes
Dandenong 19 minutes
Ringwood 28 minutes
Cranbourne 19 minutes
Mornington 16 minutes
Doncaster 34 minutes
Rosebud 27 minutes
17CASE STUDY
Invest Frankston Health & MedTech Prospectus
FRANKSTON
HOSPITAL
REDEVELOPMENT
GET TO KNOW FRANKSTON
The $562 million redevelopment of Frankston Hospital will mean improved
health care for all. The bigger and better Frankston Hospital will bring together
enhanced services and new capabilities to ensure Peninsula Health can
continue to provide exceptional care to a growing community for generations
to come. Peninsula Health’s Director, Redevelopment, Bridget Rusling,
provides us with a glimpse of what’s to come.
1. TELL US A BIT ABOUT 2. WHAT WILL BE The new facility will be more inviting
THE FRANKSTON INCLUDED IN THE and easier to navigate, and will include
HOSPITAL REDEVELOPMENT? more parking, making it easier to visit
REDEVELOPMENT. The Frankston Hospital redevelopment family and friends, while providing
Frankston Hospital was originally built will bring together health care services comprehensive services.
in 1941. While it has undergone periodic from across the existing hospital to
3. WHAT ARE SOME OF
developments, this redevelopment will offer more streamlined and connected
THE BENEFITS THE
create a space that really meets the services for patients. It’s a hugely
REDEVELOPMENT
needs of the growing community of diverse and large-scale redevelopment
WILL PROVIDE
Frankston and the Mornington Peninsula. that will vastly improve the experience
FRANKSTON
The priorities for the project are to ensure of patients, visitors and staff. A multi-
RESIDENTS WITH?
everyone in the local community has level tower will provide dedicated space
equitable access to high-quality health for enhanced mental health services, The redevelopment will give local
care services. It will be a world-class capacity for an additional 120 beds, residents easy access to high-quality
facility for patients, staff and visitors. new operating theatres and new and health care, close to home. It will also
improved oncology facilities. provide better working conditions
Led by the Victorian Health and Human and access to newer technology for
Services Building Authority (VHHSBA), With around 3,000 babies born at staff. The project will boost the local
the redevelopment will transform health Frankston Hospital each year, the economy and create up to 1,700 jobs
care services for Frankston and the redevelopment will also deliver at the peak of construction and in new
Mornington Peninsula. expanded women’s and children’s opportunities for the health care sector.
services. These improvements will
include new maternity, obstetrics and
paediatric wards, a women’s clinic and
a special care nursery.Invest Frankston Health & MedTech Prospectus 20
Invest Frankston Health & MedTech Prospectus
05.
IF GRANTS
AND SUPPORT
IF you need help bringing your ‘what if’ to life,
you’ll be in good company
With a strong commitment to helping dvice on potential sources of
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investors secure the best opportunities the discretionary grants to support your
area has to offer, Frankston City Council’s business’s proposed investment
Investment Attraction Team provides support
ssistance with other requirements,
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programs to facilitate investment enquiries.
such as staff recruitment, training,
Our skilled team will work closely with you links to state and federal programs
to develop a bespoke and flexible support of assistance and publicity
program to ensure you’re armed with the
Evidence of Frankston City Council’s
best information to make an investment
commitment to providing dynamic assistance
decision. These programs offer:
to business is nowhere better illustrated than
by the creation of our priority planning initiative.
ccess to a network of commercial
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This initiative allows major development
property agents
applications demonstrating significant
‘Investor visits’, giving you the opportunity economic benefit to the region to be decided
to be hosted and shown the Frankston within 60 statutory days.
property market and solutions
uration of information, specific to
C Additionally, after eight years of business
your business’s investment making grants, Frankston City Council has stepped up
considerations its commitment to support business growth
and attracting new businesses and startups to
ssistance in navigating Council and
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our city by increasing the business grants pool
other regulatory requirements that may
to a total of $160,000.
impact you
21IF YOU’RE READY TO THRIVE, INVEST FRANKSTON Invest Frankston is our commitment We will continue to work with the to creating the most robust, forward Victorian and Australian governments thinking, energetic, exciting, to ensure we remain at the forefront progressive suburb, city, municipality of infrastructure and investment and region in Melbourne. facilitation, now and into the future. We aim to become an epicentre We are committed. We are dedicated. of innovation, growth, industry, We are unswerving. IF you share the modernity and thinking. Fully vision and the passion for what can supported by Council, this is our be, Invest Frankston. ethos; the mantra we live, grow and develop by. We will continue to support and encourage the people and businesses of Frankston City to make it happen, through our highly innovative and successful support programs. frankston.vic.gov.au business@frankston.vic.gov.au 1300 322 322 PO Box 490 Frankston VIC 3199
Invest Frankston Health & MedTech Prospectus
23frankston.vic.gov.au business@frankston.vic.gov.au 1300 322 322 PO Box 490 Frankston VIC 3199
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