The National Health Service (NHS) is the UK government organisation with responsibility for providing free primary healthcare services, including dentistry. The NHS is a national service providing services to some 60 million people in the UK, employing 1.4 million people and with a total budget of 110 billion British pounds. The NHS has contracts with dental practices to provide dental treatment to patients and the contract is linked to properties (Not to the dentist).
Dentists provide patients with both NHS and private services simultaneously. The same dentist can therefore carry out private care and NHS care in one location. This enables practices to generate significant income exceeding that received from NHS contracts.
The UK dental sector is ranked as low risk by banks and credit agencies and the sector provides predictable, long-term revenues. By taking a portfolio approach DPI will create cost and management efficiencies and will create a portfolio of assets of a size and profile attractive to institutional investors that should significantly enhance the value of the individual properties.