20 September 2010,

Elevate Partnerships LIFTCo - Construction to start on the Finchley Memorial Hospital

NHS Barnet is delighted to announce that the Government has granted approval for the redevelopment of Finchley Memorial Hospital as part of a Local Improvement Finance Trust (LIFT) Private Finance Initiative scheme.

This is excellent news for NHS Barnet and means that construction of the new hospital can begin as soon as the final legal and financial formalities are completed in the next few weeks. The redevelopment project represents a significant investment in local health services with a construction cost of around £28 million. It is anticipated that construction will begin in late September 2010 with the new hospital being operational towards the end of 2012.

Local residents will benefit from this redevelopment, as it will transform the outdated hospital into a high quality, state-of-the-art building, equipped to provide a range of health care services. These will include;

  • specialist rehabilitation and intermediate care

  • primary care services (booked and unscheduled, including GP services)

  • outpatients

  • therapies

  • diagnostics

  • pharmacy dispensary

  • and an infusion suite. NHS Barnet will be working closely with Barnet GPs to commission these services.

In addition to the new hospital building, the land surrounding the site will be developed into communal green space as well as sports pitches for use by local schools during term time.

David Riddle, Chair of NHS Barnet says, "We are extremely pleased and grateful to have received approval for this project. I would like to thank all staff, patients, local residents, partners and key stakeholders, including London Borough of Barnet and Friends of Finchley Memorial Hospital who have been involved with this project for their continued interest. I would also like to thank Mike Freer MP, for supporting this scheme and raising awareness of this substantial investment in healthcare in Barnet. Our LIFT partner, Elevate, have also made a significant positive contribution to getting this project to where it is now. This is a very exciting project which will help to ensure that local health services meet the future healthcare needs of the people of Barnet."

For further information please contact Elevate Partnerships Ltd