LycaHealth invests more than £140m in Kent hospital

LycaHealth
Simon James and Prema Subaskaran

LycaHealth is investing more than £140 million over the next five years, primarily in the Southeast, where LycaHealth will add independent hospital KIMS Hospital in Kent and its associated medical centre in Sevenoaks to its medical centres already operating in London.

LycaHealth offers comprehensive, multi-speciality consultations, diagnostic imaging facilities, endoscopy facilities, on-site treatment and wellness services.

Prema Subaskaran, LycaHealth’s chairperson, said: “At LycaHealth, we strongly believe that if we’re to give people access to truly high-quality and rapid medical care in the UK, then the private sector should work hand-in-hand with the NHS. Our investment in KIMS hospital is a step towards us achieving our long-term goal to provide a complete pathway from diagnosis through to treatment and aftercare for those patients that require it. Working with the KIMS team, we’ll be able to improve access to tech and strengthen the facilities on offer that ultimately improve each patient’s individual route to care, providing the best affordable healthcare for the local community.”

KIMS Hospital’s chief executive Simon James said: “LycaHealth’s investment comes at a time when demand for healthcare, both NHS and private, continues to grow. With the support and backing of LycaHealth, we have an excellent opportunity to build on our success to date. As the largest independent hospital in Kent, we play a critical role supporting the local community, both as a provider of outstanding healthcare and as a local employer, with over 400 employees. In partnership with LycaHealth, we have a fantastic opportunity to expand our healthcare provision across Kent, meeting the needs of local people.”

Macfarlanes acted as legal advisor to LycaHealth.

Date published: October 18, 2021

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