The Care Quality Commission (CQC) has appointed a new Director of Corporate Providers and Market Oversight.
Stuart Dean – an experienced financier and former leader of the corporate healthcare business at The Royal Bank of Scotland (RBS) – is expected to take up his new CQC role in May.
Following CQC's new responsibility for Market Oversight – overseeing the financial health of difficult-to-replace providers of adult social care services – Stuart will lead this new function that involves 43 corporate providers, including around 400 registered services operating from 4,000 locations.
Stuart has a wealth of experience across the public and private healthcare industry and was also a member of the Market Oversight and Provider Failure Working Group which contributed to the legislative framework and development of CQC's approach to the new Market Oversight scheme.
Speaking about his new position at CQC, Stuart said:
"I'm delighted to have been given this opportunity working with key stakeholders across the sector. I'm looking forward to ensuring CQC's new Market Oversight responsibilities are successfully implemented to provide both continuity of care and reduce uncertainty for people who use services in the event of providers facing financial distress."
Andrea Sutcliffe, Chief Inspector of Adult Social Care, added:
"I am really pleased to welcome Stuart who has the right experience and skills to deliver our new Market Oversight responsibilities.
"Being able to protect people in vulnerable circumstances by spotting if a difficult-to-replace provider may fail and making sure the right action is taken is such an important piece of work. I am looking forward to having Stuart on board and take on this new function."