National 'PropCo' to manage NHS primary care estate

摘要

A new national property company is to be set up to manage the NHS primary care trust estate. Cat's sister title Health Service Journal has learned that the "PropCo" - a generic working name for an asset holding firmwill take the form of a company wholly owned by the Department of Health, which is expected to make an announcement in the next few weeks. The move will solve the problem of who takes over billions of pounds worth of property, such as primary care centres, clinics, community hospitals and offices, after PCTs are abolished in April 2013 and replaced with groups of commissioning GPs. The PropCo will also take ownership of the public shares of assets built under the Local Improvement Finance Trust scheme. LIFT properties are 60 per cent privately owned, with the remainder split equally between PCTs and the DoH.