STRUCTURE: The “commercially sensitive” terms of the merger between Barnet and Chase Farm and the Royal Free London Foundation Trust will be discussed at a meeting of the latter’s board on Friday.
NHS London has approved the strategic outline case for a merger between the two north London trusts but at the end of this week the Barnet and Chase Farm board will hear the “Heads of Terms Agreement” between the trusts.
This will be held in the private part of the meeting, the chief executive’s report said, because of its commercial sensitivity.
Barnet and Chase Farm chief executive Mark Easton stood down in November and the interim chief executive has been Dr Tim Peachey, urgent care director of the Royal Free, on secondment.
The report said “Confidentiality and conflict of interests agreements [were] in place” regarding his role in the merger.
The due diligence for the work has been carried out for the Royal Free by Boston Consulting Group and Ernst and Young.