Dacre Bleugh wrote:
Yes, Hinchingbrooke hospital will be run privately. No, that's not a bad thing
*In its running of the NHS hospital, Circle wants to empower clinicians. It will not profit at the expense of patientshttp://www.guardian.co.uk/commentisfree ... nhs-circle
The author (who happens one of the Trust's head honchos) gives the impression he's a "Doctor", but seems more focused on Post-Keynesian Economics rather than health.http://www.amazon.co.uk/Uncertain-Found ... 0415588790
It's encouraging to see him getting a caning in the comments though. One of the top rated is for someone calling him an "arrogant bean-counter more interested in money than the well-being of patients."
From his Linkedin profile:
September 2003 – November 2004 (1 year 3 months)http://uk.linkedin.com/pub/stephen-dunn/21/127/b46
Commonwealth Fund Harkness Fellow, visiting fellow, Graduate School of Business, Stanford, 2003/4
Examined US regulatory framework and lessons and evolving trends in their payment systems and drew out policy implications for England. Key lessons were presented to ministers and fed into the assurance framework for the NHS finance system, payment by results, and the Our Health, Our Care, Our Say White Paper. Mentors: Prof. Alain Enthoven (Graduate School of Business, Stanford University) and Prof. Hal Luft (Institute for Health Policy Studies, UCSF).
Meanwhile, here's a bit more about Circle and its backers:
Circle Health, called the "John Lewis of health" as it is 49.9% owned by clinicians, has been described as "at the cutting edge of reshaping healthcare". But the Bureau of Investigative Journalism has found it is just one subsidiary in a complex corporate structure that spans the British Virgin Isles and Jersey.http://www.guardian.co.uk/business/2011 ... cle-health
Circle's backers include Paul Ruddock, whose company, Lansdowne UK, owns 18.9% of Circle Holdings. Ruddock is one of the Conservative party's most generous donors. Other shareholders include Odey Asset Management with a 21.4% share; its founder, Crispin Odey, pocketed £28m in 2008 after betting correctly that Bear Stearns would collapse. He also funds the Tories.
Circle's accounts reveal it was forced to delay a number of key hospital building projects as finance dried up, incurring hefty interest charges. While the company has recently secured £50m institutional funding for a hospital in Reading, last year it was forced to put a project in Edinburgh on ice after the collapse of its developer. Developments in Manchester, Plymouth and Tunbridge Wells have also been delayed.