Spire Healthcare

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Spire Healthcare
Public Company
Traded as LSESPI
Industry Healthcare
Founded 2007
Headquarters London, United Kingdom
Key people
Garry Watts, Chairman
Rob Roger, CEO
Revenue £926.4 million (2016)[1]
£108.2 million (2016)[1]
£53.6 million (2016)[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.

History[edit]

Spire Murrayfield Hospital, Wirral

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] The company launched its Perform at St. George’s Park facility in September 2012.[4] It was the subject of an initial public offering in July 2014.[5]

Facilities[edit]

Spire Healthcare 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[6] and London Fertility Centre.[7]

Ian Paterson[edit]

Ian Paterson, a breast surgeon who worked at Bupa hospitals in Solihull and Sutton Coldfield, latterly run by Spire Healthcare,[8] was convicted of 17 counts of wounding with intent and three counts of unlawful wounding against 10 patients. 350 patients who were treated privately at Spire clinics are taking civil action against him and the firm. According to Thompsons Solicitors Spire let him operate well after he was suspended by the General Medical Council in 2012.[9] Spire's statement was ""What Mr Paterson did in our hospitals, in other private hospitals and in the NHS, absolutely should not have happened and today justice has been done."[10]

Spire and the NHS[edit]

Spire Liverpool Hospital

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”.[11]

Its NHS business grew from £262 million in 2015 to £293 million in 2016. 20% is directly commissioned by NHS trusts and 80% comes from patients using the NHS e-Referral Service. Income from medical insurers reduced 1.3% to £429 million. Direct payments by patients increased 9% to £170 million.[12]

Awards[edit]

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.[13]

References[edit]

  1. ^ a b c "Annual Results 2016" (PDF). Retrieved 24 April 2017. 
  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. ^ "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. 
  5. ^ "Spire Healthcare to price UK float at 210 pence a share". 17 July 2014. Retrieved 8 September 2014. 
  6. ^ "Spire Perform". Spire Healthcare. Retrieved 8 September 2014. 
  7. ^ "London Fertility Centre". Spire Healthcare. Retrieved 8 September 2014. 
  8. ^ "Evil surgeon Ian Paterson built property fortune by 'playing God' with patients". Birmingham Mail. 28 April 2017. Retrieved 29 April 2017. 
  9. ^ "Hundreds seeking compensation over ops by convicted breast surgeon". Belfast Telegraph. 29 April 2017. Retrieved 29 April 2017. 
  10. ^ "Breast surgeon Ian Paterson case: 'Hundreds' of other victims". BBC. 29 April 2017. Retrieved 29 April 2017. 
  11. ^ "Regulator rejects private hospital's complaint against CCGs". Health Service Journal. 25 September 2014. Retrieved 24 October 2014. 
  12. ^ "Private hospital firm reports 13pc rise in NHS revenue". Health Service Journal. 2 March 2017. Retrieved 15 May 2017. 
  13. ^ "Awards". Spire Healthcare. Retrieved 8 September 2014. 

External links[edit]

Media related to Spire Healthcare at Wikimedia Commons