After the approval of a joint venture between John Laing and the Cambridge University Hospitals NHS Trust, Laing O’Rourke will construct the £120 million Forum development on the Cambridge Biomedical Campus. A private hospital, 198 hotel rooms, a conference centre with 55 seats, a post-graduate medical education centre, and a hotel are all part of the Forum development.
After funding has been finalised and planning approval has been obtained, construction is scheduled to begin in spring 2014. John Laing will secure private funding for the £120 million project; no public money will be used to pay for it. It will be the first significant project of its sort for the NHS. To fund patient care at other hospitals, CUH will receive an annual salary and a portion of the project’s revenues.
Almost 300 people will be engaged during construction, and more than 500 people will work at the finished facility. Ramsay Health Care UK will manage the private hospital as part of the initiative, reports Contract Journal.
The Forum will serve as a social core for the biomedical campus, giving Cambridge a centre for postgraduate medical education that mirrors the standards of its teaching and produce significant revenue for NHS treatment, according to Peter Ward, director of healthcare projects at John Laing. It will demonstrate the potential advantages innovation may bring to CUH patients and the people who care for them, and it is an essential component of the hospital’s goal.