Bupa is close to selling about half of its care homes to the former chief executive of Priory Clinics. HC-One, led by Chai Patel, is in advanced discussions to buy 150 homes from Bupa. HC-One was created in 2011 out of the rubble of Southern Cross, which collapsed. The deal, which has been mooted at £450 million, would make HC-One Britain’s largest care home operator.
HC-One Chairman and CEO, Dr Chai Patel, explains how his turnaround formula has improved care quality and helped conserve and transform valuable care assets.