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Southern Cross FD moves to new NHP venture

Southern Cross’s finance director is to move to the new care home company set up by landlord NHP.

David Smith is to serve as finance director of NHP's new operating venture, which has been named HC-One.

NHP announced in July that it would form the company from the 249 care homes it leases to Southern Cross after the struggling operator reneged on its rent payments earlier this summer.

HC-One, which is due to begin trading on 1 November, is recruiting for a number of senior positions through a new website. The jobs include head of healthcare, head of quality inspection and operations directors.

Smith took on his current role at Southern Cross earlier this year as the group sought to fend off insolvency through a major restructuring of operations and management.

However, the company was forced to announce in July that it will cease trading by the end of the year after talks with landlords broke down.

HC-One has been set up in partnership with Court Cavendish, the healthcare consultancy business run by former Priory chief executive Chai Patel (pictured).

Patel and NHP have both insisted that the new business can provide stability and quality care. Explaining the company name, the website states: “Our name stands for 'Health' and 'Care': it symbolises that we are focused upon individual residents and the importance of one-to-one care.”

Posted on: 08/09/2011

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