Who owns circle healthcare




















On-site parking provides easy access. Our buildings have a calming atmosphere and beautiful architecture, with the layout of theatres, rooms and services designed for ease of patient journeys around the hospital. Our forthcoming Circle Birmingham Hospital is being constructed to allow for future expansion as required, and to be adaptable as medicine and technology evolve. Circle Birmingham Hospital is a centre of excellence, providing a peaceful and comfortable place for clinicians and patients alike.

Circle Birmingham Hospital is packed with the latest technology — and with the capacity to extend theatres and inpatient facilities as demand increases. The state-of-the-art rehabilitation centre for MSK and neurological patients is across two floors. Opened in , Circle Reading Hospital has 30 inpatient beds, 20 daycase beds and 15 consultation rooms for outpatient appointments.

This state-of-the-art building has five theatres, equipped with the latest technologies and an extensive rehabilitation department. Designed to feel modern, relaxed and homely so you can enjoy your stay in comfort. We offer a wide range of surgical and non-surgical treatments, delivered by some of Berkshire's leading consultants.

Circle Reading developed the look and feel of care first tried in Bath and sees approximately 4, patients each month and around of these are daycase patients.

Circle Rehabilitation was launched in March , built on a medically led, international best practice model for rehabilitation, with the service offering residential and outpatient care for patients following surgery or injury, covering three key areas of MSK, neurological and sports treatments.

First launched in Circle Reading Hospital, it combines a luxurious hospitality experience, expert consultants and state-of-the-art technology to aid patient recovery. Circle Birmingham Hospital contains two separate floors dedicated to rehabilitation. It follows a successful introduction of this service in our hospital in Reading, which has transformed lives by helping patients keep their independence.

Incorporating best practice from the continent, our approach will deliver a new standard for how rehabilitation is provided in the Midlands by following the European model of rehabilitation. This places Circle in charge of organising the system and integrating all the providers around a central service. Any patient requiring treatment for MSK is referred to the hub for specialist triage by their GP, and they are sent on to the right care.

The patients are then offered choice over who provides the service, being able, for example, to choose which hospital they attend. Circle Integrated Care also provides a referral management service in Northamptonshire and an integrated provider hub for the population of Rushcliffe in Nottinghamshire. At the heart of every great company is a set of shared beliefs. We call ours The Circle Credo and it guides everything we do.

Our purpose. Most of the consultants treating patients in our facilities are not Circle employees but rather self-employed practitioners. They practice their specialities in accordance with the terms of our Practicing Privileges policy. Click here to read about the arrangements we have with referring clinicians. Circle Health Group supports equality through fair pay. We ensure our male and female employees are paid equally for the same roles and responsibilities by regularly undertaking internal audits and reviewing pay rates.

Circle has a robust recruitment process and policies that promote and embed a culture of diversity and inclusion, where the outcome of any selection, promotion and remuneration decision is based on merit, underpinned by objective criteria and free from bias. The company won the contract to run Hinchingbrooke Hospital in , however Circle terminated this contract in early BMI Healthcare has 59 healthcare facilities.

The hospitals are then leased back to Circle under new leasehold agreements. The latter company lends money to Circle Partnership to enable it to carry out the business, with Circle Partnership paying interest on the loan. In addition, since Circle has bought a considerable number of sites for building new hospitals with each acquisition being financed via the company Health Properties domiciled in Jersey.

Circle views the NHS as an opportunity to make money, although to date its success in this endeavour has been mixed. Over the years the company has run treatment centres in Burton and Bradford, but by late Circle only had a contract for one treatment centre in Nottingham, and this was not renewed in early Its most notable NHS contract to date was the disastrous contract for Hinchingbrooke hospital.

In , Circle won the contract to run the debt-ridden hospital, however the company abandoned this ten year contract in early after only two years.

The hospital received a damning CQC report after the announcement by Circle that it was quitting the contract see below for details.

Circle also manages Bedfordshire's integrated musculoskeletal MSK service on behalf of local commissioners. The idea is to build rehabilitation centres close to large NHS hospitals and then offer the NHS use of these centres to alleviate the problems it faces with delayed discharge - patients who no longer need acute care, but who are not fit enough to go home. A bed NHS trust could save millions of pounds a year by moving patients to dedicated rehabilitation facilities, using the latest technology, which would give them better patient outcomes.

The company's rehabilitation services are run by the subsidiary Circle Rehabilitation Ltd. The company has a rehabilitation centre in Reading, and its plan was to add a bed rehabilitation centre to its planned bed private hospital in Birmingham.

However, Circle completed and opened its bed rehabilitation facility in July The site is no longer owned by Circle, but Circle Rehabilitation Services Ltd has entered into an agreement for a sub-underlease granting it the right to operate a stand-alone rehabilitation facility within part of the building.

Circle Health Rehabilitation is interested in working in rehabilitation for several different conditions, including musculoskeletal and neurological conditions, cardiology and oncology, and Covid infection. Circle plans to build more centres aligned to post-acute bed shortages as demand builds and payors come to realise the extent of the financial savings alongside improved outcomes for patients.

The company thinks that both the NHS and insurance companies will begin to see the value in rehabilitation beds soon. Circle Harmony's first facility in Shanghai was launched in April By late it had two facilities in China, along with a clinical partnership with the Ruijin Hospital.

Investors in the joint venture come from private and state investors in China and the objective is to create a network of small facilities aimed at premium end of market. Circle plans further international expansion, which includes a pipeline of 20 clinics and research facilities in China across the next three to four years.

However since then Circle has moved to reduce the equity owned by its employees. It is not reported in the accounts how much of the company's revenue is from the NHS or other public body. Circle had listed on AIM following a limited public offering in June That said, as Circle management insists, this equity structure is a radical departure from ownership models on offer elsewhere in British healthcare.

This is a company that appears to be able to recruit the cream of the investment world as well as offering significant, if opaque, ownership rights to hospital staff. The model is unproven, but it is a pioneering concept in a politically sensitive arena.

If it proves successful, and genuinely delivers meaningful rewards for staff as well as investors — without upsetting patient care or taxpayers — Circle could yet spawn a host of imitators.

If any one of these stakeholders are short-changed, however, the model will quickly be condemned to the dustbin. The stakes are high.

He was referring to the pressure for investment banks to be scaled back and take fewer risks. It's a pressure UBS is feeling domestically but one that is also very relevant in the UK following the report by Sir John Vickers, whose independent commission on banking might have stepped back from full-scale separation but came up with an idea to ring-fence high-street banks from the "casinos". At the event in New York, UBS is not expected to kill its investment bank off, but curtail some of the most risky and capital-intensive businesses.

They reckon it could pull back from fixed-income — the bonds businesses that require lots of capital and have been hard hit by the eurozone crisis — and focus on operations which can be used to support its private banking clients: equities and foreign exchange, for instance.

The bank has hinted as much. But the action UBS takes will also be watched closely by rivals around the world, all facing the same constraints on capital and pressures from regulators. Ask Silvio Berlusconi. On capital markets this week, gilts became the surprise bedfellow to German bunds, with yields pushed down to levels last seen when Queen Victoria was on the throne. Britain's total personal, corporate and government debt is substantially worse than Italy's, but the bond markets now freakishly rate London a safe haven, with the interest rate on gilts falling to 2.



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