The Circle partnership model
Driving ownership of healthcare
Circle is structured as a partnership of clinicians and other professionals. Being a partner means you share in the ownership of Circle, with shareholder voting rights to help direct the company.
- 49.9% of Circle is owned by Circle Partnership Ltd, which is owned by everyone who works in clinical services, directly or indirectly and at every level.
- 50.1% is owned by Circle International plc. This is the investment vehicle that blue chip City institutional investors have subscribed to for shares by providing the capital for Circle. They ensure that any refinancing is achieved without diluting partners' 49.9% ownership.
- The investment needed to buy land and build hospitals, clinics and invest in infrastructure is raised by Health Properties Ltd, a separate business.
Every year from 2003-2015, up to ten million shares will be available for allocation to partners until 100 million shares have been issued.
Consultant Partners
Consultant partners commit to bringing a percentage of their private practice to their Circle hospital, once it has been opened, for an initial period of two years. They contribute to the planning and design of the hospital to reflect the procedures and equipment that they and their team require.
Consultant partners without significant private practice are also welcomed by Circle, and receive shares for contributions to developing and delivering services, clinical governance and further partnership development. For more information about how we work with Consultants, see For Consultants.
