This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.bbc.co.uk/news/uk-england-cambridgeshire-20595474

The article has changed 3 times. There is an RSS feed of changes available.

Version 0 Version 1
Hinchingbrooke: Ali Parsa steps down as chief executive Hinchingbrooke: Ali Parsa steps down as chief executive
(35 minutes later)
The chief executive of Hinchingbrooke Hospital in Cambridgeshire, the first NHS hospital to be run by a private company, has stepped down. The chief executive of the firm running Cambridgeshire's Hinchingbrooke Hospital, the first in the NHS managed by a private company, has stepped down.
Circle Holdings plc took over the hospital in February this year with a £1bn 10-year deal. Circle Holdings plc took over the hospital in February this year in a £1bn, 10-year deal.
Chief executive Ali Parsa will be replaced by Steve Melton, who will serve on an interim basis.Chief executive Ali Parsa will be replaced by Steve Melton, who will serve on an interim basis.
Mr Parsa will remain on the board of Circle as founder and a non-executive director, the company said.Mr Parsa will remain on the board of Circle as founder and a non-executive director, the company said.
Under the deal Circle assumed the financial risks of making the hospital more efficient and paying off its £40m of debts.Under the deal Circle assumed the financial risks of making the hospital more efficient and paying off its £40m of debts.
'Entrepreneurial vision''Entrepreneurial vision'
The company said the main reason for Mr Parsa to step down was to give him more time to fulfil "his passion for social entrepreneurship".The company said the main reason for Mr Parsa to step down was to give him more time to fulfil "his passion for social entrepreneurship".
"Ali has been instrumental in forming the entrepreneurial vision and early development of the company," Michael Kirkwood, chairman of Circle Holdings, said in a statement."Ali has been instrumental in forming the entrepreneurial vision and early development of the company," Michael Kirkwood, chairman of Circle Holdings, said in a statement.
"He has been a pioneer developing a business model which empowers doctors, nurses and healthcare professionals to redefine UK healthcare delivery for the benefit of their patients."He has been a pioneer developing a business model which empowers doctors, nurses and healthcare professionals to redefine UK healthcare delivery for the benefit of their patients.
"The board and Ali have agreed that now is the appropriate time for him to assume a non-executive role. "The board and Ali have agreed that now is the appropriate time for him to assume a non-executive role."
"Now he will be able to spend more time fulfilling his passion for social entrepreneurship." Mr Parsa said: "I wish to step down from my executive leadership role so that I have the time I need for other projects that now require some of my focus."
Mr Melton, who takes over, is currently Circle's head of mobilisation. He joined the company in February 2008.
Circle said it would recruit a permanent successor to Mr Ali, with candidates from both inside and outside the company.