LaingBuisson is appointing former health secretary Stephen Dorrell as chairman as the company’s founder William Laing steps down from a full time executive role
The healthcare market intelligence provider is also appointing Henry Elphick as CEO.
Dorrell was an MP for 36 years, holding the positions of Secretary of State for Health and Chair of the House of Commons Health Committee.
Elphick joins from Jefferies International Limited where he was European joint head of healthcare investment banking, advising healthcare companies on mergers and acquisitions and capital raising in the debt and equity markets across Europe.
The appointments are effective immediately and are part of an ordered succession plan. Laing will remain on the board as a director.
LaingBuisson has been providing insight, data and analysis on health and social care market structures, policy and strategy for the past 30 years. Its clients include the major independent sector healthcare providers in the UK as well as investors, government and regulators.
Dorrell says: “This is a time of immense change in the healthcare sector. There are multiple challenges, including demand pressures, rising costs, and an increasing willingness among citizens to challenge traditional decision-making processes. This is all against a backdrop of severely constrained resources and now, Brexit. I believe that LaingBuisson is in a unique position to advise its clients on how to manage the implications of these substantial market, economic and policy challenges.”
“William Laing has created an extraordinary company and I am delighted to be appointed as chairman. Henry and I bring extensive and complementary skills and networks. Together, we are well positioned to take the business forward.”
Elphick says: “LaingBuisson is already a trusted advisor to its clients and plays a major role in the UK’s healthcare sector as the definitive source of market information and data.”
“Our immediate focus will be to continue acting as close advisors to our clients. However, in these changeable times, we believe there is further potential for adapting and broadening our offering of products and services to help our clients better understand the complex challenges and opportunities of the market today.”