According to an article on the Devonlive news website, Chime, an ‘award-winning Devon NHS service,’ faces insolvency. The article says:

Devon’s award-winning NHS hearing services provider Chime claims it is being ‘forced’ into insolvency by the region’s health commissioner. The reason, they say, is that it hasn’t received enough funding to cope with increasing patient referrals.

It alleges it is being unfairly blamed by Devon Integrated Care Board (ICB), the local NHS body with responsibility for funding healthcare services in Devon, for causing ‘significant’ waiting times and is now unable to bid to keep its £4m contract to run the service because it is financially unviable.

Chime, which has had a contract to offer NHS adult and children’s audiology services on behalf of NHS Devon in Exeter and east Devon since 2011, is a Community Interest Company (CIC). It means that any surplus it makes is invested back into the service for hearing impaired patients.