The private company that has just started running Hinchingbrooke Hospital says it wants to make it one of the country's top ten hospitals.
Hinchingbrooke Hospital has become the first NHS hospital in the country to be privately run.
Circle Healthcare has today started running the hospital.
Circle signed a contract to run the hospital in November last year following a 13 month process managed by the NHS.
Hinchingbrooke Hospital currently has debts of around £40,000,000.
Circle Chief Executive, Ali Parsa, said: "Today, an ambitious programme will be unveiled, to turn a hospital, once labelled as 'a basket case', into one of the top ten in the country.
The plan came together in unprecedented sessions with 1200 NHS staff, who gathered to share their vision for their hospital's transformation.
Like John Lewis, Circle are employee co-owned, and have a track record of creating best in class hospitals by devolving power to the clinicians and staff who are closest to patients.
We are confident that we can do it again in Hinchingbrooke."
Doctor Stephen Dunn, Director of Policy and Strategy at NHS Midlands and East, said: " With the challenges the NHS now faces, new solutions are needed so services can be provided how and where patients want them, but at a cost which taxpayers can afford.
Today heralds just that, a new chapter in creativity and partnership working.
Without this franchise, the future of Hinchingbrooke could have been uncertain.
We are not privatising, we are bringing in new management.
The hospital can plan a future where its staff and assets remain within the NHS, energised by the innovation which its new partner will bring.
NHS Midlands and East and its ground-breaking Strategic Projects Team are proud to have steered this opportunity, and we look forward to Hinchingbrooke going from strength to strength."
The union Unison has responded to the takeover, saying it "it would work with the private company now running Hinchingbrooke Hospital, to make sure it remains a good place to be a patient and member of staff."
The union reiterated its concerns about a private company taking over the hospital, warning that if it fails, the public sector, and ultimately the taxpayer, will have to come to the rescue or patients and the local community will suffer.
Karen Jennings, UNISON assistant general secretary, said: "We want, above all, to make sure Hinchingbrooke remains a good hospital – delivering for patients and investing in staff. We will work with Circle to achieve that.
But we know that many patients and staff will be worried today about a private company coming in to run their local hospital.
And rightly so.
Circle has never run an A&E or maternity ward, and its only other hospital has just 16 beds, and provides non-urgent surgery.
It’s not comparable to running a hospital of this size, or delivering services on this scale or of this complexity. UNISON wants to ensure the health and safety of all concerned."
Hinchingbrooke: Hospital Takeover Done
Final approval has been given for 'failing' Hinchingbrooke Hospital to be taken over by a private company.
Cambridgeshire: £5m transport windfall
Cambridgeshire County Council awarded Government cash to kick-start public transport projects.
Stansted: Business As Usual At Airport
Passengers were advised to check in as normal at Stansted despite the first of a wave of strikes by ground staff in a row over rotas.
Cambridge: Fifth Museum Arrest
A fifth man has been arrested in connection with a burglary at the Fitzwilliam Museum in Cambridge.
Cambridge: Boy Mugged At Knife Point
A 17 year old boy has been left with injuries to his face after being mugged at knife point in Cambridge.
Weather
Find out more about today's weather in your area plus the five day forecast.
Traffic and Travel
Want to avoid queues? Use our links to make your journey as smooth as possible.
Heart Wedding Directory
Check out some local companies who can make your big day a great day.
As Advertised
Find out more about some of the companies advertising on Heart 103
The singing fishmonger
A fish vendor in east London who sings to reel in the customers has become a YouTube sensation.
Watch the cat that loves to be hoovered!
Is this the world's cleanest cat?
Selma & Kenny Wedding Toast
With 72 years of marriage behind them, this couple could teach us all a thing or two about love....
Is this the world's coolest dad?
Watch this adorable video of a father who sings with his children every morning on the school run.
Top 10: Movie Soundtracks
We've picked ten of the best scores of all time, some of them will bring the tears back.
Top Ten: Best Dressed Men
Find out which male celebs have been voted best dressed men in a poll by Glamour magazine...
Top 10: Celebrity Bikini Bodies
We asked you whose celebrity body you'd like to have and flaunt on the beach and here are your answers....
Top 10 Love Songs
Find out what the top 10 romantic songs are as voted by you!
Comments