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Cambridge trust partners with private firms to deliver £120m ‘Forum’

Cambridge University Hospitals (CUH) Foundation Trust has announced a joint venture with infrastructure firm John Laing to develop a £120 million complex with a private hospital, post-graduate medical education centre and hotel, called the Forum.

Ramsay Health Care UK will run the private hospital once it is built, while CUH will manage the education centre.

The Forum, which will be situated on the Cambridge Biomedical Campus, will also have a conference centre, a car park, restaurants and shops.

The endeavour is the first of its kind in the NHS.
 

John Laing is responsible for the funding of the project and no public money will be spent on it.

CUH will receive an annual income and a share in the profits from the Forum, which money will be invested back into its hospitals.

Keith McNeil, chief executive of CUH, said: “The Forum will be at the physical heart of the already established and world-renowned biomedical campus. It will provide a fantastic opportunity for clinicians and research professionals from Cambridge and around the world to come together to present and discuss research and innovative practice. This will inevitably lead to new treatments and clinical practices, which will translate into an even better quality of care for not only our patients, but for those across the NHS as a whole.

“One of the great advantages of this project, is that it won’t cost the taxpayer a penny, and a share of the profits will be ploughed directly back into the hospitals to the benefit of all the patients we look after here.”

Ramsay Health Care UK chief executive Jill Watts (pictured) added: “Ramsay Health Care UK is delighted to be part of this partnership and to be the operator of the new private hospital at the Forum. Through our experience and expertise we will provide the highest possible quality healthcare to our patients and are proud to be part of the creation of one of the best and most innovative healthcare campuses in the world.”

The contracts for the deal are expected to be formally signed this summer with building work due to start in spring 2014. The planned completion date for the Forum is summer 2016.


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Posted on: 30/04/2013

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