Summary: done properly it’s too expensive – a private company wouldn’t buy it because there was no massive profit for them.
“Almost 60 jobs have been lost at a company which provided acute hospital-at-home care after a deal to secure the service collapsed, forcing it to appoint administrators.
ORLA Healthcare Ltd, in partnership with University Hospitals Bristol NHS Foundation Trust, operated a ‘virtual ward’ service providing in-home care for patients deemed to need admission to an acute bed.
The service was provided by an experienced team of consultants, middle-grade doctors, qualified nursing staff and healthcare assistants 24/7, 365 days a year.
The team used state-of-the-art technology offering the same level of care available in hospital and was also supported by pharmacists, physiotherapists and occupational therapists.
Partner Graham Randall and director Simon Campbell, of restructuring and insolvency specialists Quantuma, were appointed joint administrators of ORLA on 4 May 2017 following the last minute collapse in negotiations with a buyer.
The company’s 59 employees have been made redundant and Quantuma is assisting them with making their claims and taking all steps necessary to maximise recoveries for creditors.
Graham Randall said: “Patient feedback showed 100 per cent satisfaction with the service.
“Enabling patients to be treated at home rather than cared for in hospital improves their outcomes, releases hospital beds and reduces the risks of cross infection.
“The business works as an operating model and given time I am sure this will have translated into a successful financial performance.
“However, as a result of a last minute breakdown in negotiations with a buyer, the company was running out of cash so it had no alternative other than to wind down the business quickly and relocate patients.”