Selling your care business, buying a care business from another provider.
What do you need to do to ensure a smooth transition of your commissioned business?
In order to ensure a smooth transition, it would help to receive formal notification as far in advance of any sale completion date as possible. We realise that matters are subject to satisfactory commercial negotiations and that the situation may change, however we are required to carry out due diligence in respect of any new care provider before agreeing to novate contracts, and this takes time. In order to avoid delays after the sale, including payment of invoices, it is in everyone’s interest to commence the process as soon as possible.
The formal notification must come from the current care provider and provide information on the new care provider including:
We would also suggest that the new care provider meets with Commissioners to ensure that there is mutual understanding around current and future commissioning intentions and future business plans. This would be the start of a process of regular engagement. Please contact the Business Relations Team