Circle Holdings became the only private company running an NHS hospital last year when it began a 10 year contract to run Hinchingbrooke Hospital, Cambridgeshire.
But new NHS figures show it is now ranked as one of the highest for patient happiness and has also recorded shorter waiting times.
Circle Holdings, whose operating subsidiary is 49.9pc owned by a staff partnership, has also dramatically cut losses at the hospital by 60 per cent and will soon begin to pay off burgeoning debts racked up from years of mismanagement.
According to new figures, patient satisfaction has risen to 85 per cent, placing Hinchingbrooke in the top six of the East of England’s 46 hospitals. It was previously recorded one of the lowest rankings.
When Circle started managing the hospital, it also consistently ranked near the bottom of the 46 trusts for waiting times, with many patients forced to endure more than four hours in A&E.
It now tops the list for short waiting times, seeing 98.2 per cent of patients within the required window, according to the newspaper.
Cancer testing has also increased while millions of pounds has been saved from cutting paperwork.
Really, what can have happened? It\’s almost as though who say that incentives matter are correct. And if that\’s true then where does that leave the NHS, that wonder of the world?