In 1980 the Priory Hospital in Roehampton was acquired by Community Psychiatric, an American healthcare company, and became the first clinic in what was to become the Priory Group. The Priory Group was the subject of a management buyout, funded by Mercury Asset Management and several banks, in 1994. In 2000 Westminster Healthcare Group acquired Priory Hospitals from the management team and from Mercury Asset Management for £96 million. In 2002, the company was the subject of another management buyout, this time led by Doughty Hanson & Co, for £289 million. The company was sold again in July 2005 for £875 million to ABN Amro, netting the five company directors over £50 million. Royal Bank of Scotland Group sold Priory to Advent International in 2011. In October 2014, former Chief Executive, Tom Riall announced that the group was planning a significant expansion into the mental health community services market and would bid in partnership with “incumbent” NHS providers, an approach that would allow them to come up with new models of care. He expected more services to be put out to tender by Clinical commissioning groups. Priory could contribute their "considerable commercial bidding expertise”. Riall wants Priory to be the “overflow provider of choice” for the NHS. Acadia Healthcare bought the business for £1.3 billion in January 2016.
Performance
After the suicide of a 14-year old girl, Amy El-Keria, funded by the NHS, at the group’s Ticehurst House hospital in East Sussex in 2012, a prosecution was brought by the Health and Safety Executive. The company pleaded guilty to a charge of being an employer failing to discharge its duty to ensure people were not exposed to risk. It faced a fine of at least £2.4 million. The inquest jury found that the staff had failed to dial 999 quickly enough, had failed to call a doctor promptly and were not trained in CPR. Its hospital in High Wycombe, a 12-bed low-security unit for young people with learning disabilities or autism, which opened in April 2018 was closed in February 2019 after the Care Quality Commission rated it inadequate and said the staff lacked appropriate experience and skills. The company said that it could not recruit "an experienced, settled team of core nursing and clinical staff.” The CQC rated three units run by Priory Group inadequate. Two of its hospitals, Kneesworth House in Hertfordshire and Priory Hospital Blandford, were rated “inadequate” by the Care Quality Commission in July 2019. Admissions to Priory Hospital were suspended “until further notice”. The greatest problems at Kneesworth house were on the forensic wards. Ellingham Hospital, in Attleborough was rated inadequate in November 2019. According to Priory “the fundamental issue . . . was structural: there are simply not enough skilled staff in the region to meet the highly specialised needs of the young people at Ellingham”. 88.2% of its 93 mental healthcare facilities in the UK have received the equivalent of good or better ratings.