Interserve Prime (IP) and Dorset County Hospital NHS Foundation Trust (DCH) have announced a new joint venture (JV) partnership, to enable the strategic transformation of the Dorchester hospital estate.
The 10-year agreement will see IP – a JV between Interserve and healthcare property company Prime – work with the Trust to develop and deliver its estate strategy and in line with Dorset’s Sustainability and Transformation Plan (STP), support its vision to be at the heart of an integrated, patient-centred health and care system. Dorset is one of eight areas nationally leading the way to become an Accountable Care System, an ‘evolved’ version of an STP which will integrate care at a local level.
The partnership will design, build and secure finance for new facilities required by DCH, as well as providing the Trust with a spectrum of estates and support services. It will also support DCH to realise a number of commercial opportunities within its estate, which will allow the Trust to generate additional income to help deliver its wider healthcare strategy.
The partnership’s immediate focus will be the development of a site-wide masterplan in consultation with health and care system partners and local stakeholders. The masterplan will enable the Trust to develop new facilities, deliver its clinical aspirations and create a more welcoming environment for patients, visitors and staff.
Nick Johnson, Director of Strategy and Business Development at DCH said: “This partnership will help us to retain and maximise the value of our estate and develop the site in line with the wider health and care system plans in Dorset and we are looking forward to working with Interserve Prime.”
The 10-year deal with DCH is the company’s third Strategic Estates Partnership, following joint ventures with University Hospital Southampton NHS Foundation Trust and Yeovil District Hospital NHS Foundation Trust.