Torbay and South Devon NHS Foundation Trust (TSDFT) has announced it will be entering into a 50:50 strategic estates partnership and joint venture with Health Innovation Partners to support the development of its estate and delivery of the community’s ambitious estates strategy.
This flexible, non-exclusive partnership is for an initial period of fifteen years and follows a successful public procurement and competitive dialogue process.
This joint venture approach will allow the Trust and its care model partners to draw on the commercial expertise of Health Innovation Partners, and its parent companies, Arcadis and Morgan Sindall Investments.
The Trust and its partners and stakeholders will be working together to review, plan and develop the estate in line with modern health care delivery practices, as well as current and projected future health and care needs. The partnership will also help to broker affordable solutions, reduce costs and maximise revenue, which can be reinvested into healthcare delivery.
Most of the Trust’s sites and healthcare buildings were developed to support people’s healthcare needs several decades ago, and many of them are now unsuitable for modern needs in terms of their access, size and flexible delivery spaces.
Initially the partnership will prioritise the provision of new build Health and Wellbeing Centres in Dartmouth and in Teignmouth and the much needed development of a new Emergency Department on the Torbay Hospital site. It will shortly agree its longer-term plans, which will include further development of new community facilities and investment in the Torbay Hospital site.
Lesley Darke, Executive Director of Estates and Commercial Development at TSDFT said: “We are delighted to be creating this exciting partnership with Health Innovation Partners. It will give us access to additional expertise and resource, so that we can forge ahead with bringing our estate up to date for the benefit of the people we serve and to provide new and exciting facilities at the heart of the local communities we work and live in.”