Bupa has confirmed it is in preliminary discussions with potential bidders to sell off its hospitals.
The Board released a statement following speculation over the weekend confirming that it is undertaking a review to establish whether it would be more beneficial to the company to sell off its 26 hospitals.
The statement from Bupa says: “Bupa is in preliminary discussions with potential purchasers of Bupa Hospitals. Those discussions may or may not lead to a decision to sell Bupa hospitals. The Board is not considering the sale of any other part of the Bupa Group or a change in status of the Bupa Group as a whole.”
The healthcare provider says it is undertaking this review in light of the significant changes in the UK healthcare economy and particularly the increasing role the private sector is playing.
The company says a further announcement will be made in due course.