The Royal Buckinghamshire Hospital has come back from closure and financial ruin to secure millions in expansion funding under new bosses.
The Buckingham Road hospital which specialises in spinal injuries and takes patients from private insurers and referrals and the NHS, was forced to close in 2012 until new owners Affinity Care took over.
And now the group has struck a deal with Santander Corporate and Commercial to bolster plans for a £14million upgrade of the historic facility, which was designed by Florence Nightingale.
Chris Bialan, chairman of the hospital, said: “We understand fully the huge significance of the Royal Buckinghamshore Hospital to the field of spinal and neuro-rehabilitation as well as its role in the local community in Aylesbury.
“There is no facility like this in the region, and the support from Santander Corporate and Commercial has been instrumental to our investment programme.”
Since re-opening last year, the hospital has re-employed 24 staff and currently has 64 staff on its books.
Bosses say that the planned expansion will create more jobs and provide a range of specialist outpatient facilities so that residents will no longer have to travel for treatment.
Murray Smith, relationship director at Santander Corporate and Commericial, said: “The Royal Buckinghamshire Hospital has a world-renowned reputation and provides specialist care for UK and international patients.
“The aquisition by Affinity enabled the previous employees to be re-employed with further job creation.
“The development loan is being used to refurbish the interior of this landmark building to create much needed neuro-rehabilitation care beds, for which there is a dearth of supply within the UK.”