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Circle (healthcare Partnership)
Circle Health Group is a private healthcare provider in the United Kingdom, and is the country's biggest private hospital provider. The company was founded in 2004 and rebranded as Circle Health Group in 2019 after acquiring a rival, BMI Healthcare; in the same year it began an expansion in China. In 2023 the company was acquired by PureHealth, an Abu Dhabi-based holding company. Circle Health ran an independent sector treatment centre delivering dermatology services in Nottingham from 2008 until 2019, when operation of the services was returned to Nottingham University Hospitals NHS Trust. The services during the period in which they were run by Circle Health were described as an "unmitigated disaster" in an independent report commissioned by the local clinical commissioning group which ran health services in the county. In November 2011 the company was awarded a contract to run Hinchingbrooke Hospital in Cambridgeshire, the first NHS England hospital to be operated by a p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ali Parsa
Ali Parsadoust (commonly known as Ali Parsa; born 24 January 1965) is a British-Iranian healthcare entrepreneur and former investment banker. He is the founder and CEO of the bankrupt digital healthcare company Babylon Health and the co-founder and former CEO of hospital operator Circle Health. Career Early career Parsa was born in Rasht, Gilan Province, Iran to ethnic Persian middle-class parents. In 1981, he left Iran in the aftermath of the Iranian revolution. After teaching himself O and A-levels, he attended University College London (UCL), where he studied civil and environmental engineering and wrote for the student newspaper '' Pi''. After completing his bachelor's degree in 1987, he continued at UCL, earning a PhD in engineering physics in 1995. During his studies Parsa co-founded Victoria & Gilan (V&G), a media promotion company for which he won the Royal Award for the Young Entrepreneur of the Year in 1993. Parsa sold V&G in 1995 to join Credit Suisse First Bosto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alternative Investment Market
AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market, Unlisted Securities Market (USM) that had been in operation since 1980. It allows Company, companies that are smaller, less-developed, or want/need a more flexible approach to governance to Initial public offering, float stock, shares with a more flexible financial regulation, regulatory system than is applicable on the main market. At launch, AIM comprised only 10 companies valued collectively at £82.2 million. As at May 2021, 821 companies comprised the sub-market, with an average market cap of £80 million per listing. AIM has also started to become an international exchange, often due to its low regulatory burden, especially in relation to the US Sarbanes–Oxley Act (though only a quarter of AIM-listed companies would qualify to be listed on a US stock exchange even prior to passage of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toscafund Asset Management
Toscafund Asset Management is a British specialist investment firm which is a major investor in a number of companies including Circle Health Ltd. , it had assets of £4 billion. The Chief Executive is ex Tiger Management employee, Martin Hughes, nicknamed, according to ''The Times'', the 'Rottweiler'. Dr Savvas P Savouri is the chief economist and a partner in the firm. History Starting in 2016, it was involved in a long term argument with Speedy Hire, where it was a major investor, attempting to replace the chairman, Jan Astrand, whom it accuses of “egregious corporate governance failings”. In September 2017, Toscafund Asset Management launched 300 million euro ($359.34 million) private equity fund that focus on small and mid-sized companies. In December 2019, Toscafund purchased 12% of Ted Baker following the decline in the company's share price. In January 2020, Toscafund announced that it owned 11.70% of the Stobart Group, this was subsequently increased to 18.8%. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Competition And Markets Authority
The Competition and Markets Authority (CMA) is the principal competition regulator in the United Kingdom. It is a non-ministerial government department in the United Kingdom, responsible for promoting competitive markets and tackling unfair behaviour. The CMA launched in shadow form on 1 October 2013 and began operating fully on 1 April 2014, when it assumed many of the functions of the previously existing Competition Commission and Office of Fair Trading, which were abolished. The CMA also has consumer protection responsibilities and took on new digital markets regulation responsibilities in late 2024 under the Digital Markets, Competition and Consumers Act 2024. The CMA alongside the European Commission, the United States Department of Justice and the Federal Trade Commission, is a globally important antitrust agency. History On 15 March 2012, the UK Government's Department for Business, Innovation and Skills (BIS) announced proposals for strengthening competition in the U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steve Melton (businessman)
Steven Melton (born 6 January 1962) is CEO of Exemplar Healthcare, former Managing Director of MyDentist, and the former Chief Executive of Circle Health Ltd, the first private company to take over an NHS Hospital, namely Hinchingbrooke Hospital. Biography Melton was born in Turkey on 6 January 1962 and educated at Bedford Modern School and the University of Cambridge. Melton began his working life in the personal care division of Unilever. After 11 years he moved to Asda where he worked alongside Archie Norman at a critical juncture in the life of that company. Melton’s peers at Asda included Justin King, Mike Coupe and Richard Baker. Melton joined Circle Health Ltd in 2008 and became CEO after the departure of Ali Parsa. Being CEO of a private owner of a former NHS Hospital is arguably not without controversy and in an interview with The Sunday Times ''The Sunday Times'' is a British Sunday newspaper whose circulation makes it the largest in Britain's quality p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harley Street
Harley Street is a street in Marylebone, Central London, named after Edward Harley, 2nd Earl of Oxford and Earl Mortimer."Harley Street" in Since the 19th century it has housed a large number of private specialists in and . Overview Since the 19th century, the number of doctors, hospitals, and medical organisations in and around Harley Street has greatly increased. Records show that there were around 20 doctors in 1860, 80 by 1900, and almost 200 by ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tech Mahindra
Tech Mahindra is an Indian multinational information technology services and consulting company. It was formed in 1986 as a joint venture between Mahindra & Mahindra and BT Group. Part of the Mahindra Group, the company is headquartered in Pune and has its registered office in Mumbai. History In 1986, Mahindra & Mahindra started a 60:40 joint venture technology services outsourcing firm with British Telecom named Mahindra British Telecom (MBT). In 2000, British Telecom committed business of at least £105 million over three years; as a consideration, British Telecom's stake in MBT increased to 43%. MBT primarily served the telecommunications industry in its early years, with British Telecom as its largest client. In 2006, MBT was renamed as Tech Mahindra, and it became a public company via an initial public offering. In December 2010, British Telecom sold 5.5% of its stake in Tech Mahindra to Mahindra & Mahindra for 451 crore. In August 2012, British Telecom sold 14.1% of i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NHS Trust
An NHS trust is an organisational unit within the National Health Services of England and Wales, generally serving either a geographical area or a specialised function (such as an ambulance service). In any particular location there may be several trusts involved in the different aspects of providing healthcare to the local population. , there were altogether 217 trusts, and they employ around 800,000 of the NHS's 1.2 million staff. History NHS trusts were established under the National Health Service and Community Care Act 1990 and were set up in five waves. Each one was established by a statutory instrument. NHS trusts are not trusts in the legal sense but are in effect public sector corporations. Each trust is headed by a board consisting of executive and non-executive directors, and is chaired by a non-executive director. There were about 2,200 non-executives across 470 organisations in the NHS in England in 2015. Non-executive directors are recruited by open advertise ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gordon Brown
James Gordon Brown (born 20 February 1951) is a British politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party (UK), Leader of the Labour Party from 2007 to 2010. Previously, he was Chancellor of the Exchequer from 1997 to 2007 under Tony Blair. Brown was Member of Parliament (United Kingdom), Member of Parliament (MP) for Dunfermline East (UK Parliament constituency), Dunfermline East from 1983 to 2005 and for Kirkcaldy and Cowdenbeath from 2005 to 2015. He has served as Special Envoy of the Secretary-General, United Nations Special Envoy for Global Education since 2012, and he was appointed as WHO Goodwill Ambassador, World Health Organization Ambassador for Global Health Financing in 2021. A Doctor of Philosophy, doctoral graduate, Brown studied history at the University of Edinburgh. He spent his early career as a lecturer at a further education college and as a television journalist. Brown was elected to the House of Commons of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
