Circle to Build another Hospital
Having opened its new hospital in Bath earlier this year – and set up a challenge to existing private hospital relationships with private medical insurers – Ali Parsa’s Circle has secured £50m funding from the BP pension fund to build another facility in Reading. It’s due to open autumn 2012.
Circle intend to build 30 hospitals across the UK in the coming years which is pretty ambitious. They may have an advantage over older private hospital stock, in that each hospital can be designed to meet the challenges of increased support for the NHS and new clinical developments. Only time will tell.