Totally acquires Pioneer Health Care Limited
Acquisition enables Totally to offer broader range of specialities and offer outsourcing and AQP services.
Derby: 07 March 2022: Totally has today announced the acquisition of Pioneer Health Care Limited, an independent provider of insourcing and outsourcing services to the NHS. Completion will take place on 10 March 2022.
Pioneer Healthcare delivers insourcing and outsourcing services across a wide range of surgical and medical specialities to NHS patients and holds contracts with NHS Foundation Trusts and CCGs, predominantly across the North of England. Pioneer also holds the difficult-to-acquire Any Qualified Provider status, which enables it to offer services direct to NHS patients across the whole of England, free at the point of delivery, where there is sufficient demand. The business is led by three experienced, senior NHS consultants, Mr Hesham Zaki, Professor Prasad Godbole and Mr John McMullan, who are well recognised in their chosen fields, and will continue to hold senior leadership roles within the business following the Acquisition.
Post-acquisition, Pioneer Healthcare and Totally Healthcare, which forms Totally's Insourcing division, will be brought together to create a single, established, provider of insourcing and outsourcing services under the Pioneer brand. This combined business will leverage the strengths within each organisation to deliver its combined range of services to new and existing NHS foundation trusts, hospitals and CCGs across the UK and Ireland.
Why Pioneer Healthcare?
Pioneer Healthcare is a highly reputable and independent healthcare provider of specialist NHS secondary care services, free at the point of delivery. The acquisition of Pioneer creates new opportunities for the Group:
- The NHS is set to receive the bulk of a new £36 billion health and social care funding package over the next three years, with the intention of addressing the growing backlog and waiting list position.
- Pioneer, along with Totally Healthcare, holds contracts with NHS foundation trusts, hospitals and CCGs across a wide range of surgical and medical specialties, with significant opportunities to expand services regionally, nationally and into new clinical specialisms.
- Pioneer's AQP status offers patients the choice of choosing Pioneer as their elective service provider. Such accreditation is now difficult to achieve, and Pioneer is one of a limited number of independent providers across England with this qualification. Totally will now be able to offer its existing specialties direct to patients as a result of Pioneer's AQP status.
- Pioneer is CQC-registered and is listed on key frameworks which present a barrier to entry for new entrants. It is listed as one of 18 providers on the 2018 NHS Insourced Clinical Services Framework and one of 37 providers on the 2020 Outsourced Clinical Services Framework nationally. These positions on key frameworks reflect Pioneer's credentials in this market, with a track record of delivery and access to a large pool of qualified staff.
- Pioneer's core USP is its ability to access the best consultants and theatre staff combined with the benefit from several agreements with public and private healthcare facilities, enabling Pioneer to undertake the procedures required by its patients.
- Pioneer has been established and run by NHS consultants, who will remain with the business in senior leadership roles, presenting an excellent opportunity to expand the business through increased management focus and acceleration of the growth plan, supported by the expertise of staff within Totally's existing insourcing business, Totally Healthcare, which will become part of the Pioneer brand.
Pioneer Health Care International Limited, a company with overseas operations in which some of the Vendors have an interest, is not part of the Acquisition.
Wendy Lawrence, Chief Executive Officer of Totally, said:
We are delighted to welcome Pioneer Healthcare into the Totally Group.
The Acquisition creates new opportunities for the Group and will ensure we can continue giving vital support to the NHS as it recovers from the COVID-19 pandemic.
Pioneer's services closely complement those provided by Totally Healthcare. The combined insourcing and outsourcing business will benefit from its stronger footprint across the UK and Ireland and the additional significant experience of the Pioneer leadership team. Pioneer has an excellent reputation in the market and we look forward delivering on the undeniable potential that is available to the combined business.