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Press Release

Interserve and Prime sign 25 year agreement with University Hospital Southampton NHS Foundation Trust

by Interserve Press Office | Jun 03, 2014

Interserve and UHS working with PrimeUniversity Hospital Southampton NHS Foundation Trust (UHS) has selected the international support services and construction group Interserve as its long term commercial estates development partner in a joint venture. 

The partnership, which is for up to 25 years and worth in the region of £150m in total, will see Interserve and UHS working with health and social care property company Prime to secure funding for new development projects. 

The initial programme of projects includes the construction of a new main entrance, a welcome centre, shops and a multi-storey car park, as well as an on-site hotel capable of accommodating at least 24 private patients undergoing tests or treatment at UHS. 

The partnership will design, build, finance and operate new facilities required by UHS, as well as providing the Trust with a spectrum of estates and support services. 

UHS will receive an annual income from partnership activities and a share of the profits over the contract’s term, which will go towards supporting and enhancing the delivery of NHS care at UHS. 

Adrian Ringrose, Interserve Chief Executive said: 

“We are excited to be working with UHS in this important partnership, which will help deliver top quality, sustainable public infrastructure and services for the people of Southampton, Hampshire and the surrounding area. Our partnership with Prime will benefit UHS patients and the staff who care for them as well as generating important additional income for the Trust.” 

Fiona Dalton, chief executive of UHS, said: 

“We are delighted to have reached this key milestone in our project to improve the patient, visitor and staff experience and form the Commercial Estate Development Partnership (CEDP) joint venture with Interserve. This is an innovative and ground-breaking partnership which will see both organisations combining their capabilities and capacity to contribute towards the Trust's 2020 Vision. We are looking forward to the CEDP successfully delivering its first scheme, the redevelopment of our main entrance.”

Ends 

For further information please contact:

Nicola Savage
Head of Corporate Communications, Interserve
0787 2158 849
nicola.savage@interserve.com

Matthew Watts
Media Manager, UHS
023 8120 8756
matthew.watts@uhs.nhs.uk                   

About Interserve 

Interserve's vision is to redefine the future for people and places. We are one of the world's foremost support services and construction companies, operating in the public and private sectors in the UK and internationally. We offer advice, design, construction, equipment, facilities management and front-line public services. Interserve is based in the UK and is listed in the FTSE 250 index. We have gross revenue of £3.1 billion and a workforce of over 75,000 people worldwide. 
www.interserve.com
For all news follow: @interservenews

About Prime 

The group was formed in 1996 bringing together expertise in property investment, design, development and healthcare. This diversity affords the agility to swiftly adapt services and business models to help clients improve patient and staff experience and deliver more for their local health economy. Its focus is strategic planning, sourcing, design, development, funding, ownership and management of UK health and social care properties. The group acts as a strategic and commercial property partner for NHS trust, local authorities, GPs and other providers who can source all their property and estates services from Prime: from strategic planning to project delivery. Employing more than 100 skilled professionals including chartered surveying, engineering, architecture, design, construction, legal, finance, healthcare, marketing and communications allows the group to provide quality end-to-end solutions for clients quickly and cost-effectively. www.primeplc.com 

About UHS NHS Foundation Trust 

University Hospital Southampton NHS Foundation Trust is one of the largest acute teaching trusts in England, with an annual spend of £572 million at three sites across the city of Southampton. It provides hospital services for 1.3 million people living in Southampton and southern Hampshire and specialist services including neurosciences, respiratory medicine, cancer, cardiovascular, obstetrics and specialist children’s services to more than 3.5 million people in central southern England and the Channel Islands.

Every year more than 9,500 staff, including nearly 700 consultants, professors and senior lecturers, see 460,000 people at outpatient appointments, deal with 120,000 attendances at the emergency department and treat 140,000 admitted emergency, inpatient or day case patients. In addition, the Trust delivers more than 100 outpatient clinics across the South of England to keep services local for patients. Providing these services costs £1.6 million per day. http://www.uhs.nhs.uk

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