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Spire looks to develop new hospital in Milton Keynes

07 July 2017 13:54

Spire Healthcare has announced that it plans to develop a new state-of-the-art hospital in the Milton Keynes area, subject to planning approval.

This follows the development of newly opened facilities in Manchester and Nottingham.

The Company said the Milton Keynes site will incorporate the most modern healthcare technology, with a capital investment planned to be around £70m.

A formal planning application will be submitted in autumn 2017, and the hospital is expected to open in early 2020.

Simon Gordon, Spire Healthcare's Interim Chief Executive Officer, said: "Spire Healthcare has been working closely with Milton Keynes Development Partnership (MKDP) for several months on our plans to develop a leading centre for healthcare in Milton Keynes.

"Our recent experience of opening hospitals in other parts of the country shows that these projects bring significant employment and economic benefits to the local community as well as much needed additional capacity to the local healthcare system. As a resident in the area for over 40 years I have seen Milton Keynes grow into an incredibly successful, diverse and vibrant place and I expect our hospital to compliment the excellent services available to the local community.

"We are delighted to be joining the Kents Hill development and I'm sure MKDP will help ensure that this project maximises the benefits for the local community and surrounding area."

At 1:54pm: (LON:SPI) Spire Healthcare Group share price was +7.4p at 334.6p

Story provided by StockMarketWire.com

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