Spire Healthcare has stated that it is “cautiously optimistic” that trading and profits will bounce back to 2019 levels after reporting income down by 6.2% to £920m during 2020, not least because … Read more
Financial insecurity
The care home company Advinia is under investigation by the Care Quality Commission (CQC) following concerns that the company is financially unstable, according to a report in The Guardian. Documents … Read more
One to One Midwives – private midwifery firm delivering NHS contract – has gone bust. The company implied that this was influenced by an “unsustainable financial structure” between the NHS … Read more
Private providers that have been awarded NHS contracts can be one of the following: Charities; Not-for-profit/community enterprises; Privately owned; Companies listed on a public stock exchange These organisations are funded … Read more
The collapse of multiple contracts held by Allied Healthcare and its subsidiaries has led to four clinical commissioning groups appointing new organisations to run GP out of hours services. In … Read more
Thousands of patients could be left without GP out of hours services after a cash-strapped private provider said it would cease operations by the end of the month. Primecare, a … Read more
Allied Healthcare is seeking to transfer or sell all of its home care contracts to other providers in the wake of CQC’s damning notice on its finances. The care regulator issued … Read more
England’s care regulator has warned that one of the country’s largest home care providers, private equity-owned Allied Healthcare, could stop operating at the end of the month. The Care Quality … Read more
Britain’s largest private healthcare group, BMI Healthcare, said on Monday it had agreed a deal with its creditors and landlords that would include recapitalising the business. Hospital Topco, the parent … Read more
BMI Healthcare, which operates 59 hospitals and clinics across the UK, is within days of announcing that it has reached agreement with its landlords and other creditors about a deal … Read more
The chairman of the BMA is concerned about the future of the building of two major hospitals previously contracted out to the now liquidated Carillion construction company. He said, “this … Read more
A deal has been agreed to stave off the collapse of Four Seasons Health Care, which looks after 17,000 elderly and vulnerable people, after the company’s largest creditor agreed to … Read more
Some 27,000 patients are at risk of losing their GP practice as a provider has decided to hand back a contract it says is ‘not fit for purpose’. Greenbrook Healthcare, … Read more
An out of hours provider has been forced to end provision of services across the East Midlands after it announced it intends to file for administration. Central Nottinghamshire Clinical Services … Read more
Patients are facing an uncertain future after a private company that runs health care services in east Cleveland revealed it was in financial difficulty. The future of Marske Medical Centre is in … Read more
A GP federation providing APMS services for 37,000 patients has gone into administration after running into financial difficulties leaving local GPs thousands of pounds out of pocket. Danum Medical Services … Read more
The future care of 11,400 residents has been thrown into doubt after a health group announced it would stop running five GP surgeries. The Practice Group has announced its intention … Read more
