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Serco bought out of joint venture by Trusts

HSJ has revealed that King’s College Hospital FT and Guy’s and St Thomas’ FT will pay an undisclosed sum to Serco for its share of Viapath, the firm they co-own.

Viapath was set up in 2009 to run the pathology labs at the two south London trusts, however lost the bid for a further 15 year £2.25 billion contract to another bidder earlier this year.

The preferred bidder, Synlab, will take over the running of the services from September. HSJ understands that the buyout will mean there will be no “challenge” to the start of the new contract.

Full story in The HSJ, 18 June 2020

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