Opportunity

“Secret Plan for £22bn of NHS Cuts”

DC Surgical Supplies NHS Cuts Article Daily MirrorIn November 2015 the government set the NHS a target to achieve savings of £22 billion by 2020/21. Just a few years in and it is struggling to achieve that objective.

An area where costs could be reduced is the procurement of orthopaedic equipment. Every year the NHS spends £500 million to £1 billion a year on such devices with each trust spending between £3 million and £4 million per annum. This figure is growing year on year.

A close examination of the situation leaves no doubt that the NHS is paying more in this area than should be considered acceptable. Part of the problem is the fact that the orthopaedic equipment market is dominated and dependent on large players such as Depuy Synthes, Zimmer Biomet, Stryker, Medtronic and Smith & Nephew and they do not compete on price.

Read our Business Plan for more information: DC Surgical Supplies – June 2018

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Investor Information

  • Investors will subscribe for a package of ordinary shares.
  • The funding will be allocated to ordinary shares.
  • The share structure will be tailored to allow investors to recover their capital before any gains are distributed.
  • Management’s share of the profits will be via ordinary shares to align their interests with shareholders.

Solution

DC Surgical Supplies

Start-up
EIS Approved

DC Surgical Supplies Ltd is a start-up company that will help NHS Trusts to make significant cost reductions by offering a new range of titanium maxiangle locking plates and compression screws that will be available at a price point which is 35% less than the NHS currently pays.

The company is able to bring this solution to the market having secured the license to be the sole and exclusive UK and Eire agent for the Palmer & Baker brand of orthopaedic internal fixation devices. DC Surgical Supplies will operate as a sales agency and a distribution company that will supply its products on a contractual basis. The initial renewable term of this agreement is five years.

DC Surgical Supplies’ key competitive edge is price. The pressure on NHS Acute Trusts to cut costs has never been greater. According to the King’s Fund, 44% of trusts were in deficit in 2016/17 with acute hospitals accounting for nearly 80% of that figure. As a lean and flexible start-up, DC Surgical Supplies is able to enter the market offering low prices for high quality and CE approved orthopaedic plates and screws. With a low priced option being available, Acute Trusts will find it difficult to justify spending more on orthopaedic devices than they have to, particularly those that are running with a deficit.