HC-One

HC-One is a British healthcare management company, due to become operational on 1 November 2011. The name stands for Health and Care.[1] It will be one of Britain's largest care home companies.[2]

It was formed in 2011, following the collapse of the UK's largest nursing home operator, Southern Cross Healthcare. The homes managed by Southern Cross were mostly owned by other companies, and when it became insolvent these landlord companies then needed to set up or contract with alternative operators to run the homes. The largest of these landlords was NHP (Nursing Home Properties), with 249 homes previously run by Southern Cross.

Entrepreneur Chai Patel, a doctor and former Chief Executive of Priory Group, formed a consultancy in the name of his old company Court Cavendish, and joined with NHP to form HC-One to manage these homes.[2][3]

Patel also offered the company's services to run the 90 homes owned by London & Regional Properties,[4] but that landlord chose to split its nursing home portfolio between two other operators.[3]

References

  1. ^ "Southern Cross FD moves to new NHP venture". HealthInvestor. 8 September 2011. Archived from the original on 2011-09-13. http://www.webcitation.org/61fQiqaAk. Retrieved 2011-09-13. 
  2. ^ a b Dr Chai Patel moves from Kate Moss to Southern Cross care homes, Daily Telegraph, 30 July 2011
  3. ^ a b Southern Cross wins new rent reprieve worth £18m, This is Money, 4 September 2011
  4. ^ Goodley, Simon (13 July 2011). "Southern Cross shareholders told of NHP role in closure". The Guardian. http://www.guardian.co.uk/business/2011/jul/12/southern-cross-shareholders-break-up. Retrieved 6 September 2011. 

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