I don't like it.
Here is why:
Healthcare is one of those things that should be devolved. In fact I thought it was devolved. Different regions are going to have different health priorities. I gather these guys have gotten a loan to provide things like free maternity. What happens when the money runs out, the creditor comes calling and women are still giving birth?
Even if one ignores the devolution issue, I don't see it as sustainable or wise.