Newsflash: Hempsons advises healthcare estates specialist on its Strategic Estates Partnership with Hinchingbrooke
Hinchingbrooke Healthcare NHS Trust is developing a £150m plan for Strategic Estates Partnership (SEP) with healthcare specialist Ryhurst Limited.
This ambitious project plans to develop a “health campus” which will integrate primary, secondary, community and social services together with residential and nursing home accommodation. The JV will also develop new estates management and back office services solutions. Although it still requires sign off from NHS Improvement and the Treasury.
Ryhurst managing director, Stephen Collinson, said: “NHS trusts across the country are facing unprecedented challenges to provide sustainable public health infrastructure for 21st century demands, whilst upholding the core values of our NHS. Our partnership with Hinchingbrooke will deliver an exciting and intelligent estates strategy that will respond to these challenges and support the trust’s long term clinical vision and community health strategy for the benefit of all staff and patients.”
Lance McCarthy, chief executive of Hinchingbrooke, said: “Approval of this scheme is an important stepping stone to supporting the trust’s ambitions for realising an innovative and sustainable health campus at Hinchingbrooke Hospital. We see this as an opportunity to create a ground breaking umbrella of care for the people of Huntingdonshire and to keep health and care services local.”
Crispin Pettifer, Partner at Hempsons, said: “We are pleased to be advising Ryhurst on this exciting project. It demonstrates how the SEPs can unlock opportunities for the NHS organisations and their partners and bring the benefits of commercial funding and external expertise to NHS patients.”
As specialist advisers in the SEP market since 2010, Hempsons welcome the growing interest in the SEP model, now that it has such a strong track record. The success of the SEP model is based on clear and distinctive principles.
Distinctive SEP Principles
Hempsons have advised on the procurement and formation of most of the SEPs formally established to date. We have an on-going involvement in the new projects and service initiatives that most of those SEPs are now delivering for trusts.
For more information on our specialist experience of advising on SEPs, please contact Crispin Pettifer.