HCA looks across the pond
Deal to develop U.K. cancer center: report
HCA, Nashville, is negotiating a deal with a Manchester, Englandbased provider that would broaden HCA’s involvement in the delivery of privatized healthcare services in the U.K. The joint venture, according to a story published in Modern Healthcare sister publication Crain’s Manchester Business, calls for HCA to invest roughly $21.5 million to develop the Christie NHS Foundation Trust’s private patient services division, which is part of the U.K.’s National Health Service. The facility is one of England’s largest cancer centers, and hospital officials said expanding private patient services would ideally help bring in more revenue that would go toward an acrossthe-board improvement of patient services.
Representatives at both HCA and Christie NHS declined to be interviewed about the deal, but in an e-mail HCA International spokesman Neil Huband said the two organizations are still “in negotiations with … a view to entering into a joint venture to open a major private patients cancer unit at the hospital.”
HCA, which owns 162 hospitals in the U.S. and 105 surgical centers in the U.S. and England, currently operates several U.K.based healthcare facilities, including the London Bridge and Princess Grace hospitals, as well as a private cancer treatment center at the University College London. The proposed Christie NHS joint venture would further expand HCA’s involvement in private cancer-care services in the U.K.
In addition to the $21.5 million investment, the proposed deal also calls for HCA to provide a separate investment for capital improvements and purchases for the hospital, according to Crain’s Manchester.
Under the working agreement, HCA and Christie NHS would each own 50% of the private patient services venture, according to Crain’s Manchester.