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Private equity firm set to buy SE1 NHS GP surgery from US conglomerate



Private equity firm set to buy SE1 NHS GP surgery from US conglomerate

In 2021 we reported on the sale of AT Medics – which runs plenty of London NHS GP surgical procedures, together with the Falmouth Highway Surgical procedure in SE1 – to the Centene Company of St Louis, Missouri.

The sale sparked considerations from the chief of Southwark Council who mentioned he was 'deeply apprehensive' in regards to the takeover of native NHS companies by a company based mostly so far-off.

Extra not too long ago Centene has signalled its intention to get out of the UK well being sector.

This week NHS South East London revealed a discover it had despatched to native politicians a couple of potential takeover of AT Medics' dad or mum agency Operose Well being by HCRG Care Group (previously Virgin Healthcare) which is owned by the Twenty20 personal fairness agency.

"All GP practices work underneath contract to the NHS and whether or not owned by GPs or different organisations they have to have the ability to meet strict requirements and laws that apply to all NHS suppliers," wrote NHS South East London.

"As beforehand, the contract will proceed to be held by AT Medics Ltd and they’ll proceed to be answerable for offering the first care companies. As a part of our assurance course of, we will likely be looking for assurance that sufferers will have the ability to proceed to entry the identical companies from the identical places as they do now."

The discover continues: "Below the phrases of the APMS contract, earlier than present process a change of management the contract holder should first get hold of our consent.

"NHS South East London will perform a due diligence course of to test that the proposed new proprietor of Operose Well being Ltd is of excellent standing. We may also search assurance that the change of management wouldn’t have an effect on service provision and that sufferers wouldn’t see any distinction of their GP apply, in order that sufferers will nonetheless entry care in the identical method and proceed to see the identical apply groups.

"When contemplating whether or not to consent to the change of management, we are going to assess the proposal rigorously and think about whether or not it’s needed to hunt any extra assurances.

"That call will likely be made by way of the south east London Native Care Partnerships which is able to meet in public to take the choice. Members of the general public will have the ability to attend and observe proceedings. We are going to publicise when the assembly happens and members of the general public will have the ability to submit feedback and questions prematurely of the assembly."

NHS South East London added: "Following the formal request for a change of management we are going to take steps to let AT Medics Ltd apply sufferers know in regards to the change of management and reply the questions that they’ve. It will embrace a NHS South East London huge webinar."

Twenty20's founder and chairman Tristan Ramus is a non-executive director of Greenpeace.

Ramus's personal CV on his LinkedIn web page describes him as "one of many UK’s most progressive and revered entrepreneurs".

It continues: "His prescient aptitude for uncovering alternatives in fast-growing sectors like recruitment, healthcare and advertising and marketing has been recognised, not solely by his fellow traders and companions all through his stellar profession of over 25 years, but in addition in peer evaluate at main enterprise awards…"



Source : https://www.se1.news/twenty20-falmouth-road-surgery-operose-centene/

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