Tuesday, April 23, 2024
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‘Perfect storm’ plunges BHSF into deficit

BHSF said it experienced ‘a perfect storm’ last year after a significant rise in its claims ratio and a 12% reduction in the value...

PHP on firm footing following ‘transformational’ MedicX merger

Primary Health Properties (PHP) said today that 2019 had been a ‘transformational year in its history’ as it announced a 62.2% leap in adjusted...

RBC downgrades Spire as analysts reassess outlook post Covid-19

Royal Bank of Canada (RBC) has downgraded its rating for Spire Healthcare to ‘sector perform’ amid the continued uncertainty of the Covid-19 outbreak. The bank,...

Spire expecting pre-tax losses as Covid-19 pandemic dents earnings

The impact of the Covid-19 pandemic on the independent hospital sector is beginning to emerge after one of the UK’s largest groups, Spire Healthcare,...

Advanced Oncotherapy raises £7.7m

Proton beam therapy specialist Advanced Oncotherapy (AVO) has raised £7.7m through a direct subscription. The company said in a statement the funds raised will...

Circle posts 2% rise in revenue as self-pay growth slows

Circle Health has reported a 2% increase in revenue from continued operations as significant growth in self-pay activity posted in the prior year fell...

PHP demonstrates resilience with earnings up 22.4% in FY 20

Primary Health Properties (PHP) said today that the business had proved ‘extremely resilient’ in the face of the Covid-19 pandemic, with adjusted earnings up 22.4%...

DCA reports strong Q1 performance driven by post-Covid adoption of telehealth

Digital health provider Doctor Care Anywhere has reported a 16.5% jump in underlying revenue to £4.4m in Q1 2021 as the Covid-19 pandemic accelerates...

Assura announces pricing of first ‘Sustainability Bond’

Specialist primary care REIT Assura plc has announced the pricing of its ‘Sustainability Bond’ – the first issued under its Sustainable Finance Framework, which...

Covid expenses drive Denplan into loss

The Covid-19 pandemic pushed dental capitation plan provider Denplan into an operating loss of £6.6m in the year to 31 December 2020. The company,...