Welcome to the about us section of the website which includes corporate information on our history, objectives, structure, ownership and finances.
BMI Healthcare in numbers
59 hospitals and clinics throughout the UK
Looking after the local community since the 1970s
115 different specialties and services, with centres of excellence in spinal, orthopaedic, neuro, cardiac and cancer care.
90% of adults in the UK who have PMI live less than an hour from a BMI hospital
1,500,000 outpatient visits per year
276,000 inpatient visits per year
6,000+ consultant specialists
We have a 0% MRSA bacteremia record**
The national average number of required physiotherapy sessions is 4-6, our average is 3.2. We can help you get better quicker
The 1st independent healthcare group to be awarded VTE exemplar status
97.3% of our patients rated our overall quality of care as very good or excellent*
98% of our patients say they would recommend us to family and friends*
*Patient satisfaction survey 2014,
**Quality and risk report February 2014-2015
BMI Healthcare: transfer of ownership and major recapitalisation
Date: 14 December 2018
BMI Healthcare Limited (“BMI Healthcare”), one of the UK’s largest private hospital operators, is pleased to confirm the previously announced transfer of ownership of BMI Healthcare to Hospital Topco Limited (“HTL”), the parent company of the landlords to 35 of BMI Healthcare’s hospitals.
As a result of the transaction completing, BMI Healthcare has received a capital injection of c.£60 million from its new owners, HTL, a rent reduction of £65 million per annum from the 35 HTL-owned hospitals and an extension of its senior banking facilities (a drawn £85 million term loan and an initially undrawn £30 million RCF, with headroom for up to a further £20 million RCF on top) for a further five years to 2023. The transaction will also result in obligations in excess of £500 million being extinguished from the BMI Healthcare group’s balance sheet.
This major re-capitalisation of BMI Healthcare is transformational for the business and will, as previously announced, enable a £250 million capital investment programme to be implemented over the next four years. The capital investment programme will deliver new equipment to hospitals and accelerate the reconfiguration and refurbishment of the Group’s extensive estate and will underpin the continued delivery of excellent patient care.
Commenting on the agreement, Dr Karen Prins, CEO of BMI Healthcare said:
“I would like to thank all parties involved in the transaction. This major recapitalisation of the business has already allowed BMI to start to deliver new equipment and will provide further infrastructure for our consultants and staff to continue to provide the very best care to our patients. The new investment, together with the current structure and facilities BMI has in place, will enable us to strengthen our market leading position, and we are very excited about the future.”
November 2018 update
BMI Healthcare: agreement on financial restructuring
Date: 1 October 2018
BMI Healthcare Limited (“BMI Healthcare”) is pleased to announce agreement on its financial restructuring, which will see a major recapitalisation of the business, a rent reduction of £65 million per annum and an extension of its senior banking facilities to 2024.
Hospital Topco Limited ("Hospital Topco"), the parent company of the landlords for 35 of BMI Healthcare’s hospitals (the "Theatre Properties"), and its stakeholders and BMI Healthcare’s lenders have agreed to a transaction which will bring BMI Healthcare’s operations and the 35 Theatre Properties back under common ownership.
The agreement, which is supported and underwritten by stakeholders of Hospital Topco, includes:
- a capital injection of at least £58 million of new money into BMI Healthcare
- the extension of BMI Healthcare’s bank facilities to 2024
- and a £65 million per annum rent reduction
These contributions will fund the previously announced £250 million capital investment programme. This programme is now underway to deliver new equipment to hospitals, to accelerate the reconfiguration and refurbishment of BMI Healthcare’s extensive estate and to underpin the continued delivery of excellent patient care.
Commenting on the conclusion of negotiations, Dr Karen Prins, CEO of BMI Healthcare said: “This is a significant positive development for BMI Healthcare, for our staff, for the consultants who practice in our hospitals and above all for our patients. I am excited to lead BMI as we look forward to a period of sustained investment through our £250 million capital programme across the hospital estate, supported by a committed, expert and caring BMI Healthcare team.”
Key Hospital Topco group stakeholders have agreed to defer October’s rent payment to provide time for the deal to be documented. The agreement remains subject to the completion of final long-form documentation and certain other conditions in the normal course of transaction closing, including regulatory clearances.