Richard Branson has sold Virgin Care to US private equity company Twenty20 Capital. Its new name is HCRG Care Group. The US outfit will be responsible for around £2bn of NHS contracts.
HCRG Care group are now one of the UK’s leading private providers of community health and care services.
Basically it's our NHS being handed to the private health sector on a platter...
HCRG Services ....
■ adult and children community health services,
■primary care services including urgent care,
■ sexual health, dermatology and MSK services,
■ adult social care and wellbeing services.
Twenty20 Capital Ltd, the current owner of HCRG Care Group, is a private equity investment company. The company aims to make as much profit for shareholders in as short a time as possible. Such companies often buy businesses that are either non-profitable or failing and use strategies, such as asset selling, redundancies, and mergers, to create shareholder value.
Links to the new NHS U.S. Integrated Care System (ICS)
In May 2021, Virgin Care representatives were reported to be on the board of the fledgling ICS in the Bath and North East Somerset, Swindon and Wiltshire region. A report in The Lowdown noted that Virgin Care’s local managing director Julia Clarke is already listed as a member of the Integrated Care Partnership Board, the unitary Board which currently runs the ICS covering Bath and North East Somerset, Swindon and Wiltshire (BSW).
source: NHSforsale.info
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