Bedford Hospital Trust invites merger interest
Foundation Trusts have been invited to express their interest in merging with Bedford Hospital Trust.
Bedford Hospital Trust may soon require merger and acquisition advisors, after it announced it was looking for a merger partner.
The Health Service Journal reports how the trust has invited foundation trusts to express their interest in amalgamating with the district general hospital.
Despite a £145 million turnover, the hospital has conceded it cannot become a foundation trust (FT) alone, but has ruled out bids from private franchise managements.
Bedford Hospital Trust's chief executive Joe Harrison said: "We are in the really fortunate position of being able ... to control and manage how Bedford becomes an FT ... because our clinical and financial performance is good."
However, he noted the trust lacks the clinical critical mass and long-term financial viability due to its size to go it alone.
The hospital is required to become an FT under a policy announced by former health secretary Andrew Lansley, who called for the move to be made by all trusts by April 2014.
Source: Health Service Journal, September 6th