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Very interesting to gain an insight into the actual make up of this deal. Thanks Crispin - a good find in the Commons Library! Many working in the private sector have wondered how this could be made commercially viable - and on the basis of this, whilst it looks like Circle could theoretically make good return on their investment, the risk profile still looks very high indeed. Interestingly the model works best with complete clinical engagement in the changes (and incentivisation?) - a great follow up story to write would be what are they actually doing at Hinchingbrooke now to create the performance improvements Ali mentions.

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