General_Healthcare_Group

General Healthcare Group

General Healthcare Group

British healthcare company

General Healthcare Group PLC (GHG) is a British healthcare company. It owns BMI Healthcare. As of 2019 BMI operates 54 hospitals and clinics in the United Kingdom.[2]

Quick Facts Industry, Founded ...

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 was acquired by Generale de Santé (a subsidiary of Compagnie Générale des Eaux) in 1990.[3]

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.[4] 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.[3]

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.[5]

In 2018, BMI sold 35 of its hospitals to Hospital Topco Limited.[2]

See also

References

  1. [1]
    GHG, Group profit and loss Archived 2012-03-24 at the Wayback Machine
  2. [2]
    "About BMI". www.bmihealthcare.co.uk. BMI Healthcare UK. Archived from the original on 2019-10-16. Retrieved 2019-11-12.
  3. [3]
    BMI Healthcare, Company History Archived 2010-11-20 at the Wayback Machine
  4. [4]
    Newswires, Dow Jones (1997-07-02). "Generale des Eaux Sells Assets To Cinven Ltd. for $1.8 Billion". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-04-13.
  5. [5]
    "Netcare buys nine UK hospitals". Fin24. 14 December 2007. Archived from the original on 26 October 2014. Retrieved 16 October 2014.
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