The following press statement has been released by the Administrators in response to incorrect articles released in the press.
David Chubb, partner and joint administrator, PricewaterhouseCoopers LLP said:
"The New Victoria hospital is a leading private hospital with an excellent clinical reputation. Administrators have been appointed to restructure the business and seek an investor for the hospital in order to unlock its full potential, enable its long-term survival, maintain its commitment to its patients at the highest level and preserve the jobs of the staff. Patient care and continuing to deliver high quality services continue to be the top priority for both the administrators and hospital staff and the appointment is unrelated to the impact of the recession on businesses more generally.
The administrators have obtained the full support of the stakeholders, including clinicians and major private medical insurers to enable business to continue as usual. The lenders have agreed to provide additional funding to the hospital to enable the administrators to continue to invest in the ongoing development of high quality facilities for patient care.
While an investor for the hospital is being sought, we are continuing to run the hospital as normal and we will look to work with the hospital’s clinicians, management team, suppliers, employees and patients to ensure that we achieve a positive outcome. Indeed we have already received firm indications of interest."
