PureHealth, the largest integrated healthcare network in the Middle East, has acquired Circle Health, one of the UK's largest independent operators of hospitals, from Centene Corporation.
The acquisition deal is valued at Dh4.41 billion ($1.2 billion) and “reflects Centene's continued execution of its value creation efforts as the company refocuses its portfolio on core lines of business,” according to the press release.
This acquisition marks an important milestone in our journey towards creating a global healthcare network which revolutionises patient care
The acquisition was first announced in August 2023 and was completed in January 2024.
Sarah London, Chief Executive Officer of Centene, said: “Circle Health is well positioned to continue delivering clinical excellence and driving market impact under Pure Health ownership. The close of the transaction reflects Centene's steadfast focus on and commitment to our core business operations as we continue to execute against our long-term strategy.”
Circle Health operates 53 hospitals across every region of Great Britain, providing a wide range of surgery and treatments to privately insured, self-pay and NHS patients. The organisation sees two million patients annually and has more than 6,000 consultant specialists.
Circle Health operates 53 hospitals across every region of Great Britain
Farhan Malik, Managing Director and Group Chief Executive Officer of PureHealth, said: “We are delighted to welcome Circle Health Group into the PureHealth family. This acquisition marks an important milestone in our journey towards creating a global healthcare network which revolutionises patient care. Our mission at PureHealth is to drive scientific innovation to unlock longevity and greater quality of life for humankind. Through integrating the expertise of both organisations, we positively impact the lives of patients globally.”