BMI Healthcare
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| Private | |
| Industry | Healthcare |
| Founded | 1970 |
| Headquarters | London, United Kingdom |
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Area served
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UK and International |
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Key people
|
Jill Watts (Group Chief Executive) |
| Revenue | £834.0 million (2012) |
| £106.1 million (2012) | |
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Number of employees
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9,500 |
| Website | www |
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Footnotes / references |
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BMI Healthcare is an independent provider of private healthcare, offering treatment to private patients, medically insured patients, and NHS patients. It is a subsidiary of General Healthcare Group (GHG), forming the majority of the operations (OpCo) side of GHG, which owns and operates the hospital business. As of 2016 it has 59 hospitals and healthcare facilities across the UK with headquarters based in London.
BMI Healthcare was formed in 1970, when US hospital group AMI acquired its first hospital in the UK, the Harley Street Clinic. By 1983 the AMI group had grown to 13 hospitals and by 1988 had created a psychiatric division, health services division and floated on the .
In 1990 AMI was purchased by then Generale des Eaux. AMI was renamed BMI Healthcare in 1993 and its new corporate group named General Healthcare Group. In 1997 funds managed by Cinven Ltd acquired GHG. After a further period of expansion GHG merged with Amicus Healthcare group in 1998 and the group grew its portfolio to over 40 hospitals.
In 2000 Cinven Ltd sold its investment to funds advised by BC Partners and in 2005 BMI Healthcare's health services, Occupational Health division was sold to the Capita Group Plc. GHG was bought from BC Partners by a consortium led by Netcare (Network Healthcare Holdings Limited), a large South African Healthcare company, in 2006.
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).
As a private healthcare provider, the bulk of BMI Healthcare's revenue is generated through the treatment of insured and self-pay patients, with many being surgical in nature. As with other private healthcare providers in 2012/13, recessionary pressures have led to declining numbers of private patients, leading to an increased push towards securing NHS funded business.
BMI Healthcare also offers health services to corporate clients, providing health assessments, on-site education days, physiotherapy, GP Services, occupational health services and flu clinics to company employees.
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Wikipedia