Alliance Medical
Alliance Medical is a radiology services company founded in 1989 by Robert Waley-Cohen operating across Europe.
In 2010 Lloyds Bank, Commerzbank and M&G Investments acquired 85% of the company in a debt-for-equity swap.[1]
A consortium, called the Collaborative Network, between the company and Christie Hospital NHS Foundation Trust won a ten-year NHS contract to provide PET-CT scanning services across 30 locations in England in January 2015.[2] The contract provides for investment of £87 million over 10 years to install new scanners and improve the current infrastructure. Twenty four existing sites will remain where they are, and six new sites will be added at William Harvey Hospital; Cumberland Infirmary; Lincoln County Hospital; Southmead Hospital; Royal United Hospital; and Royal Cornwall Hospital.[3] The contract was awarded despite an NHS consortium bid being £7m cheaper.[4][5]
In 2013 the company acquired IBA Molecular UK and Erigal, two of the three companies in England that produce the radioactive isotope Fludeoxyglucose (18F), which is injected into patients as part of the imaging process. Siemens Healthcare is the only other UK producer.[6]
It was bought by LIFE Healthcare Group for about 10.4 billion rand (£584 million, €680 million, $727 million) in November 2016.[7]
References
- ^ "Lloyds-led debt-for-equity swap on Alliance Medical brings more woe for DIC". Daily Telegraph. 11 December 2010. Retrieved 22 February 2015.
- ^ "Alliance Medical-led consortium wins PET-CT contract". Health Investor. 29 January 2015. Retrieved 22 February 2015.
- ^ "Alliance Medical led consortium wins PET/CT contract from NHS England". Dot Med. 12 February 2015. Retrieved 22 February 2015.
- ^ "Stoke NHS hospital scanning contract won by private firm". The Sentinel. 8 December 2014. Archived from the original on 3 July 2015.
- ^ "PM challenged to clarify Malcolm Rifkind's involvement in £80m NHS deal". The Sentinel. 25 February 2015. Archived from the original on 31 March 2015.
- ^ "'Monopoly' fears over £350m scans contract". Local Government Chronicle. 12 February 2015. Retrieved 22 February 2015.
- ^ "South Africa's Life Healthcare to buy Britain's Alliance Medical for $727 million". Reuters. 16 November 2016. Retrieved 15 December 2016.
External links
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