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Spire Healthcare

Spire Healthcare
Type Public Company
Traded as LSE: SPI
Industry Healthcare
Founded 2007
Headquarters London, United Kingdom
Key people Garry Watts, Chairman
Rob Roger, CEO
Revenue £764.5 million (2013)[1]
Operating income £99.4 million (2013)[1]
Net income £99.7 million (2013)[1]
Website www.spirehealthcare.com

Spire Healthcare plc is the second largest provider of private healthcare in the United Kingdom. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Contents

  • History 1
  • Operations 2
  • Spire and the NHS 3
  • References 4
  • External links 5

History

Spire Healthcare was formed from the sale of Bupa Hospitals to Cinven in 2007,[2] followed by the purchase of Classic Hospitals and Thames Valley Hospital in 2008.[3]

In 2008 Spire Healthcare won the Independent Healthcare Award for Best Healthcare Outcomes and followed this in 2009 with the Nursing Practice award for their approach to infection prevention and control. In 2010, Spire won the Nursing Practice award for the second year in succession, together with the award for Excellence in Risk Management. Spire won the Innovation Award in 2011, before going on to win the Medical Practice award in 2012.[4]

Spire launched its Perform at St. George’s Park facility in September 2012.[5]

The company was the subject of an initial public offering in July 2014.[6]

Operations

It operates a network of 38 private hospitals and ten clinics across the UK,[3] as well as the Perform at St. George’s Park facility in Burton-Upon-Trent[7] and London Fertility Centre.[8]

Spire was the first private hospital provider to publish outcomes data on its website and is part of the Private Hospitals Alliance,[9] which is dedicated to better healthcare for Britons through private hospitals playing their part complementing the NHS.

Perform at St. George’s Park is a sports medicine and human performance facility based at The Football Association’s training home in Burton-upon-Trent.[7]

The Perform facility is open to everyone from elite athletes to members of the public. The centre provides sports and exercise medicine, rehabilitation, performance science, strength and conditioning. Facilities include: Alter G (Anti-Gravity Treadmill), altitude centre, underwater treadmill and dedicated hydrotherapy suite, biomechanics assessments, applied GPS and heart-rate monitors and a strength and conditioning gym.

There are also five other Perform centres across the UK. The sites combine cutting-edge technologies with elite physiotherapy and sports and exercise medicine expertise to help improve people’s performance in sport, life and work.

Spire and the NHS

The company alleged in 2013 that a block contract agreed between Blackpool Teaching Hospitals NHS Foundation Trust and the Clinical Commissioning Groups in Blackpool, and Fylde and Wyre – offered a “clear incentive” for GPs to refer patients to the foundation trust and that this was anti-competitive behaviour. The contract provided the trust with a guaranteed income regardless of the number of patients that chose to use its services. Monitor conducted an investigation and decided that there was no evidence to support the claim though they did conclude that Blackpool CCG’s plans did not “go far enough” to ensure patients would be offered choice, or that the right to choice would be “publicised and promoted”.[10]

References

  1. ^ a b c "Annual Report 2013". Retrieved 8 September 2014. 
  2. ^ "Private healthcare providers: BMI Healthcare, Cinven/Spire Healthcare and Circle Health". The Guardian. 2 February 2011. Retrieved 8 September 2014. 
  3. ^ a b "About Spire Healthcare". Spire Healthcare. Retrieved 8 September 2014. 
  4. ^ "Awards". Spire Healthcare. Retrieved 8 September 2014. 
  5. ^ "The England Lab: Our man tries out the FA's £100m St George's Park complex before Rooney, Gerrard and company move in". Daily Mail. 27 September 2012. Retrieved 8 September 2014. 
  6. ^ "Spire Healthcare to price UK float at 210 pence a share". 17 July 2014. Retrieved 8 September 2014. 
  7. ^ a b "Spire Perform". Spire Healthcare. Retrieved 8 September 2014. 
  8. ^ "London Fertility Centre". Spire Healthcare. Retrieved 8 September 2014. 
  9. ^ "Private Hospitals Alliance". Retrieved 8 September 2014. 
  10. ^ "Regulator rejects private hospital's complaint against CCGs". Health Service Journal. 25 September 2014. Retrieved 24 October 2014. 

External links

Media related to at Wikimedia Commons

  • Official site
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