Chai Patel

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Chaitanya Patel CBE FRCP (born 14 September 1954) is a British doctor, businessman and philanthropist. Born in Uganda to Indian parents, he obtained medical qualifications at the University of Southampton in 1979 and previously worked in the National Health Service. He currently is Chairman of Elysian Capital an independent, private equity firm specialising in investing in the UK lower mid-market in deals of between £10m and £100m, and Chairman of HC-One, a nursing home management company.[citation needed] In August 2019, Chai announced his plans to retire from HC-One the following year.[1]

After working for some years at the Private Clients office of Lehman Brothers in London as part of a small team including Bruce Berkowitz, in 1988 he founded Court Cavendish, which was rapidly recognised as a high quality continuing care company. In 1996 he merged it with Takare to create Care First, the UK's largest continuing care company. He remained as Chief Executive until it was taken over by Bupa in 1997. In 1999 he acquired and became Chief Executive of Westminster Health Care plc, the largest publicly quoted healthcare services group in the UK, which acquired Priory Hospitals in 2000. After a management buyout of the Care Home division in 2002, Patel continued as Chief Executive of the Priory Group, the UK's largest independent specialist mental health and education services group. On 5 March 2007 Patel and his management team resigned from Priory Healthcare.

In 2011, following the collapse of Southern Cross Healthcare, he re-formed Court Cavendish as a consultancy and joined with the landlord company NHP (Nursing Home Properties) to form HC-One, managing 249 of Southern Cross' former homes.[2] Patel is on the Advisory Council of The Front Row Group of Companies. In January 2013, Patel became a trustee at the Bright Future Trust.[3]

Policy work and honours

For many years he has been involved in healthcare policy issues, working on numerous government task forces and action groups. He has received an honorary doctorate from the Open University. He is a keen supporter of Labour's private finance initiative[4] and of private provision of NHS services. He was secretary to the Institute for Public Policy Research, a progressive think tank with close links to the Labour Party. In 1999 he was appointed a CBE for his services to the development of social care policies. In 2018, he joined a panel hosted by Knight Frank to discuss the future of the health and social care sector.[5]

Controversy

References

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