FINANCE & LEASING SERVICES
Graham Pink, chief executive of LSHP Ltd (Liverpool & Sefton Health Partnership), a successful LIFTCo in the Merseyside region, discusses its latest development and looks to the future.
W
ork started this summer on the demolition of the old Walton Hos-
pital in Liverpool, with services already transferred to another site, in preparation for a new 85-bed mental health facility to be constructed on the site from the begin- ning of next year.
The new facility – which does not yet have a name – is the latest in a string of develop- ments by LSHP, the developer and health partnership that holds the franchise for the NHS Local Improvement Finance Trust (LIFT) for the Liverpool and Sefton areas.
NHE asked LSHP chief executive Graham Pink what he saw as his role in helping the NHS deliver efficiency savings and make better use of facilities.
He told us: “We can be of great assistance to the NHS. Because we’re a public-private partnership, we’ve been working and build- ing relationships with our clients and part- ners over a five year period now, so we tend to know businesses from the inside out and we understand what makes them tick and what their requirements are.
“It’s that spirit and that partnership we’ve developed with them that gives them a ser- vice that they can’t really get from anyone else. You can post people in and have one- off consultancies, but there’s no substitute for having a partner in which you’ve got a financial stake. Clearly the PCTs have got a stake in us – though who knows where that stake will go in the future when the PCTs disappear – and then you’ve got com-
munity health partnerships. The key point is, we’re 40% owned by the public sector, and that really drives how we behave and interact with them.”
The company’s structure is a public private partnership (PPP), with the private sector holding a 60% shareholding and the pub- lic sector 40%. Its shareholders include gb Consortium, Community Health Partner- ships, Liverpool Primary Care Trust and Sefton Primary Care Trust. The PPP model means the developer retains the long-term responsibility for maintenance over a 25- year or 30-year period – including the ‘hard’ facilities management (the structural issues and building fabric) though not ‘soft’ (cleaning, security, catering and so on).
national health executive Sep/Oct 11 | 47
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