The Chief Executive of the Circle Partnership, a private company which runs Hinchingbrooke Hospital in Huntingdon says its future with the NHS hospital is 'unsustainable' and that 'with great regret' it is looking to withdraw from its contract.
"After considerable thought and with great regret we have concluded that Circle’s involvement in Hinchingbrooke does not have a sustainable future in its existing form, and have entered into discussions with the Trust Development Authority with a view to withdrawing from the current contract."
Circle took over the running of Hinchingbrooke in 2012 making it the only NHS hospital to be run privately in the UK.
The Chief Executive also said that times have changed since they took over the contract.
"Like most hospitals, over the past year we have seen unprecedented A&E attendances – at times up to 30% higher, year-on-year - and not enough care places for healthy patients who await discharge. Second, at the same time, our funding has been cut by approximately 10.1% this year. With these pressures on the system, to maintain the standards our patients deserve requires significant further investment, on top of the £4.84 million and considerable resources Circle have invested in the hospital to date."
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