Trust eyes new private finance model to build hospital

An acute trust is hoping to be among the first organisations to use a new form of private financing to help fund a replacement hospital.

Princess Alexandra Hospital Trust is considering whether it can generate part of the funding for a new facility in east Harlow through a new “regional health infrastructure company”.

Last year, the chancellor said the private finance initiative (PFI/PF2) would no longer be used for such projects.

RHICs have been proposed by Community Health Partnerships, a government subsidiary, as a way of raising private capital for NHS infrastructure projects in a new form of public-private partnership. HSJ has previously reported that CHP plans to establish six RHICs in England.

Full story in The HSJ, 11 March 2019

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