Private healthcare firm brings in administrators

Thu, 19 May 2016 | ADMINISTRATION

A private out-of-hours healthcare company based in Mansfield has entered administration, citing “unsustainable pressure” following significant cashflow problems.

Central Nottinghamshire Clinical Services (CNCS), which was previously criticised by the Care Quality Commission (CQC) for putting lives at risk, has appointed administrators from FRP Advisory. Chris Stirling and John Lowe will act as joint administrators for the distressed business following the loss of several major accounts.

CNCS has ceased trading, after it was revealed that the not-for-profit healthcare company had lost key contracts with the Clinical Commissioning Groups of East Leicestershire & Rutland, West Leicestershire, Leicester City, Newark & Sherwood and Mansfield & Ashfield.

The contracts were lost off the back of a damning report by the CQC, which placed special measure upon the out-of-hours and walk-in healthcare provider. The report cited one particular case in which a critically ill six-week-old baby was left without GP attention for five hours instead of the mandated one hour waiting time.

Furthermore, a whistleblower revealed to the CQC that only one GP was assigned to on-call duties covering 990,000 people across a 950-square-mile area during a Saturday night.

The administrators at FRP Advisory said the CNCS “faced an unsustainable pressure on its cashflow, which, without a radical change in the funding arrangements in place, undermined its ability to deliver the level of services required under its various agreements across the NHS”.

The joint administrators at FRP Advisory added: “As administrators, our priority remains in assisting all those involved with the now completed handover of services with patient care remaining the paramount driver of that process. We shall consult with the company’s remaining staff as we seek to realise assets in the interest of creditors.”

See the latest businesses in administration.


Share this article



Latest Businesses for Sale

CPQ Software as a Service Provider
East of England, UK

The company is a provider of Configure, Price, Quote (CPQ) Software as a Service (SaaS) and Data to drive eCommerce. ▸ Long-term framework agreements with key clients. High level of recurring income from contracts. Offers invited.

Asking Price: Offers Invited
Turnover: £3,350,000

LEASEHOLD


Energy Management Providing Meter Readings & Efficiency Analysis
North West, UK

Specialist engineers providing a range of energy management services including the supply & maintenance of electricity billing meters, energy reports & cost budgeting. Contracted to provide metering services on behalf of a major electricity distribut...

Asking Price: Offers Invited
Turnover: £720,000

Plumbing & Heating Engineers
Yorkshire and the Humber, UK

Plumbing & heating engineers offering specialist domestic & commercial services including repairs, breakdown assistance & installation of domestic kitchens, bathrooms & bedrooms, operating from two showrooms. Operates two strategically located showro...

Asking Price: Offers Invited
Turnover: £1,334,000


View more businesses for sale

News Search

Latest News

 
03
 
Apr
 

Chancellor bolsters CBILS for small firms and unveils new scheme for large companies | BUSINESS NEWS

Chancellor Rishi Sunak will today take new measures to suppo...

 
03
 
Apr
 

Benito’s Hat to continue trading despite entering administration | ADMINISTRATION

Fast-casual Mexican food chain Benito’s Hat has entere...

 
02
 
Apr
 

Next puts headquarters and three warehouses up for sale | COMMERCIAL PROPERTY

Fashion retailer Next has put its head office and three ware...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources