Industry healthcare Revenue £855m (2010) Parent organization Netcare | Headquarters London, UK Founded 1993 | |
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Key people Peter Gershon, Chairman
Jill Watts, Chief Executive Website www.generalhealthcare.co.uk Subsidiaries BMI Healthcare, BMI Mount Alvernia Hospital Ltd | ||
General healthcare group case study
General Healthcare Group PLC (GHG) is a British healthcare company. It owns BMI Healthcare, the UKs largest private hospital group. BMI runs around 70 hospitals nationwide.
Contents
History
The name "General Healthcare Group" dates to 1993, when AMI, a US for-profit hospital provider which had expanded into the UK in the 1970s, renamed itself BMI Healthcare, creating GHG as its corporate group name. AMI had been floated on the London Stock Exchange in 1988, and acquired by Generale de Santé (a subsidiary of Generale des Eaux) in 1990.
In 1997 both Generale de Santé and GHG were acquired by private equity group Cinven, with BMI's international activities transferred to Generale de Santé, leaving BMI Healthcare active only in the UK. In 1998 Amicus Healthcare Group was acquired from Compass Group and merged into GHG. Cinven sold GHG to another private equity group in 2000, and a consortium led by South African healthcare group Netcare acquired the company in 2006.
In 2008 BMI purchased nine hospitals in Birmingham, Bury St Edmunds, Gerrards Cross, Harrogate, Huddersfield, Lancaster, Lincoln, North London and Nottingham from Nuffield Health to build on their existing BMI Healthcare business.
In 2011 Stephen Collier was appointed chief executive. BMI showed a strong performance in FY2013, with revenue up by 2.1% (to £851.3 million). The firm has developed its delivery channels, and in 2013 began work with Medopad to pilot an integrated mobile health solution.