CIC Association

Serving Community Enterprise

CICs can help in situations like debt-ridden Hinchingbrooke Hospital, due to be run by a private company

Could the CIC asset lock help reduce the fear of privatisation in these types of circumstance? this is likely to be the first of a number of funding strains within the NHS, and it's probably going to be be a growing concern

The ability to raise capital in the marketplace is undoubtedly an advantage for private companies at the moment, but we could raise bonds against the NHS contracts to make it work. The asset lock also allows some assets to be transferred and protected, if your local hospital comes up for bid wouldnt you want all the options fully developed?

The Times Article

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