Regulatory Approval

RNS Number : 5306S

Spire Healthcare Group PLC

24 September 2014

 



Spire Healthcare's acquisition of St Anthony's Hospital is cleared by the Competition and Markets Authority

Spire Healthcare, the UK private hospitals group, announces that it has received clearance from the Competition and Markets Authority today in relation to the acquisition of St Anthony's Hospital in North Cheam, Surrey.

Named Private Hospital Group of the Year by HealthInvestor in 2014, Spire Healthcare will retain St Anthony's unique ethos of patient care, expand clinical expertise and empower staff and consultants to run their departments in the best interests of patients.

Melvin Robson, Hospital Director said: "Delivering the highest quality patient care is our mission and we'll build on St Anthony's standards of care, and provide long-term investment and the latest clinical expertise."

"Spire Healthcare is built on a proud heritage of over 30 years of experience of running successful private hospitals which deliver high quality clinical outcomes and high levels of patient satisfaction. For us, it's more than just treating patients. It is about looking after people."

St Anthony's is a 92-bed private hospital which provides a range of services including health screening, diagnostic treatments, medical and surgical services.

St Anthony's was originally owned by the trustees of the Daughters of the Cross of Liege who decided to sell St Anthony's hospital in 2012.

Rob Roger, Chief Executive of Spire Healthcare, said: "We are delighted to have acquired St Anthony's, which will be a central platform for Spire's continued growth in cardiology and other areas of acute care. Its reputation is well founded and we look forward to welcoming the staff and patients into the Spire family."

The acquisition of St Anthony's was announced in March and completed in May 2014 but was submitted to the merger review process of the CMA.

About Spire Healthcare

Spire Healthcare is one of the UK's largest private hospital providers with 39 hospitals, and 12 clinics nationwide. The company offers a full range of integrated surgical, medical and diagnostic services.

The company was formed from the sale of BUPA Hospitals to private equity company Cinven in 2007, followed by the purchase of Classic Hospitals and Thames Valley Hospital in 2008. Spire has since built Spire Shawfair Park Hospital (Edinburgh), the Montefiore Hospital in Brighton, and acquired Lifescan.  In July 2014 Spire Healthcare floated on the London Stock Exchange.

Since Spire was formed, performance improvements have included:

·    Multiple Independent Healthcare Awards: 'Excellence in Training' (2013) 'Medical Practice' (2012) 'Innovation' (2011), 'Risk Management' and 'Nursing Practice' (2010), 'Nursing Practice' (2009), and 'Healthcare Outcomes' (2008)

·    Increase in percentage of patients rating Spire 'excellent' or 'very good' - from 88% in 2008 to 92% in 2013* 

·    Increase in percentage of consultant surgeons rating Spire 'excellent' or 'very good' - from 51% in 2008 to 78% in 2013* 

·    Increase in percentage of employees who think Spire is a 'great place to work' - from 62% in 2009 to 72% in 2013.

For further information please visit: www.spirehealthcare.com.

* Rating options include 'excellent', 'very good', 'quite good', 'quite poor', 'very poor' and 'totally unacceptable'

For further information please contact:

Martin Barrow, Maitland

020 7395 0444

07843 068912

 

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