Saturday, August 24, 2019

Westfield diversifies as competition hits 2018 earnings

Increased market competition has dented earnings at health cash plan provider Westfield Contributory Health Scheme. The company reported a...

Contract mobilisation costs dampen Medvivo profits

Out-of-hours care provider Medvivo has reported a 20% rise in revenue to £17m for the year ended 30 June 2018 following the...

Apposite invests in dental group

Apposite Capital today announced it has made a ‘substantial investment’ in clinically-led dental care group Riverdale Healthcare to help fund its newly...

Advanced Oncotherapy plans to raise £10m through direct subscription

Advanced Oncotherapy has announced plans to raise £10m through a direct subscription of 25 million shares. The company, whose...

Acadia to take ‘new approach’ to Priory after ousting CEO

Acadia Healthcare has hinted it will take a fresh approach to its UK business, Priory Group, after ousting CEO and chairman Joey Jacobs. Jacobs, who...

Landlords take ownership of BMI

BMI Healthcare will be boosted by a cash injection of £60m alongside a £65m a year rent reduction following transfer of ownership to its...

Health Shield revenue hits record high

Health cash plan provider Health Shield has reported solid results for the year ended 31 December 2017. The company, which acquired health screening and...

NMC Health reiterates guidance after rating downgraded

NMC Health has reiterated its guidance for 2018 and 2019, saying management remains comfortable with anticipated year-on-year EBITDA growth of 36% in 2018 and...

Rise in rental income and portfolio value drive growth at MedicX

Primary care REIT MedicX has reported a 35% surge in EBITDA to £65.5m for the year ended 30 September 2018 on the back of...

AMG grows on the back of increasing PET-CT demand

Diagnostics and imaging firm Alliance Medical Group (AMG) has posted an 8.4% jump in revenue to £283m for the year ended 30 September 2018...