Scottish private hospital calls in receivers

BMJ 1994; 309 doi: (Published 19 November 1994) Cite this as: BMJ 1994;309:1319
  1. B Christie

    Receivers have been called in to a pounds sterling 180m private hospital run by Americans in Scotland only four months after it opened officially. The Health Care International hospital, founded by two former Harvard professors, was built to treat patients from overseas but has failed to attract them in anything like the numbers predicted.

    A banking consortium, which has invested almost pounds sterling 100m in the project, decided last week to call in the receivers after failing to agree a rescue plan that would have required further investment in the hospital. The British government has already spent pounds sterling 30m of taxpayers' money in industrial aid to attract the hospital to Scotland. Patients are continuing to be treated as the receivers try to find a buyer for the hospital, which was built at Clydebank on the outskirts of Glasgow.

    The idea …

    View Full Text

    Log in

    Log in through your institution


    * For online subscription