Strategic Estates Partnerships (SEPs)
What is a SEP?
Strategic Estates Partnerships (SEPs) are joint ventures between NHS Trusts and private sector organisations, offering the NHS a new way to unlock the potential of its estate.
By combining the expertise and resources of the public and private sector, these long term partnerships enable Trusts to accelerate the process of aligning their estates and facilities with strategic aims, while improving the patient experience, optimising efficiency and seizing commercial opportunities.
Prime’s understanding of health economies, service modelling, operational requirements and public sector accounting means it brings a complete range of skills and solutions to a partnership – from property and commercial knowhow to access to flexible and affordable private finance.
The benefits of a SEP
With NHS Trusts facing greater pressures from increased demand and reduced access to capital funding, SEPs are a means of financing and developing new facilities to increase the pace of transformation.
As well as generating savings and efficiencies, they also offer Trusts the opportunity to find new ways to earn income from their estate, which can then be reinvested into frontline services.
Whatever the driver behind a SEP partnership, they offer a number of key benefits:
With a focus on healthcare and a shared partnership ethos, Prime is
working in a joint venture with international support services and construction group
Interserve to create long term estates partnerships with NHS Trusts.
To find out more, please visit the Interserve Prime page.