Interserve has signed a shared services deal worth up to £700 million with a group of Leicestershire NHS trusts.

It sees Interserve working with Leicestershire Partnership Trust, University Hospitals of Leicester Trust and the Leicester City, Leicestershire County and Rutland primary care trust cluster, in the first joined up deal of its kind in the NHS.

The contract, which followed a two-year procurement process, will provide investment to improve the buildings and facilities used to deliver NHS services to thousands of patients every day.

The first part of the seven-year contract, worth £300m, will see Interserve provide FM services - including catering, cleaning, maintenance and security services - in more than 550 NHS buildings in the county.

The second part of the contract is a new partnership “to make the best use of the NHS buildings and estate”. It will use Interserve’s supply-chain provider Capita Symonds to support the NHS in delivering major modernisation projects.

That takes the maximum value of the contract to £700m over seven years.

Consultation with public sector staff will be completed in January, with proposals to transfer 2,000 people to Interserve at the start of the contract.

Adrian Ringrose, chief executive for Interserve, said: “This joined up approach of combining facilities and estates services is the first of its kind in the UK, supporting the efforts of the NHS to shape services around the patient experience.

“As an experienced provider in delivering services in a clinical environment, this is a great opportunity for Interserve to work with the Trusts to redefine their services and their hospitals.”

Sue Bishop, director of finance for the PCT cluster, who chairs the programme board, said the deal offers the “best possible quality and value for money”.

A number of councils have already gone down the shared services route.