Friday, March 29, 2024
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iPP buoyed by Covid testing and recovery in core services

Significant growth in Covid-19 testing combined with gradual recovery in pathology services and entry into the sexual health testing market has boosted revenue at...

PHP sells off smaller facilities

Primary Health Properties (PHP) has exchanged contracts to sell a portfolio of 13 smaller medical centres located across England and Wales for £27.7m. The sale price is...

Ascenti expands with London acquisition

Physiotherapy group Ascenti has acquired London-based Six Physio in a bid to expand its presence in the capital. Financial details of the transaction have not...

MedicX reaches refinancing agreement with Aviva

Primary care REIT MedicX has successfully refinanced £233.7m of existing Aviva loan facilities, increasing them by £30.8m. The refinancing, conducted without incurring break fees, combined...

Practice Plus Group reports growth across all divisions

Practice Plus Group has reported ‘strong performance’ in 2022 with growth across all of its core business lines. Group revenue was up 12% to £460.6m...

Waypoint planning to deploy more capital in healthcare real estate

Real estate asset manager and advisor Waypoint Asset Management has said it is looking to deploy more capital in healthcare property over the next...

Vitality posts strong revenue growth but warns of new claims baseline

VitalityHealth has booked an 11.3% jump in net earned premiums to £534.8m for the year ended 30 June 2023 – almost 40% higher than pre-pandemic...

Investment in service reconfiguration impacts St Andrew’s

Charitable mental health provider St Andrew’s Healthcare (STAH) has reported a 2% rise in total income to £205.1m for the year ended 31 March...

Canadian REIT enters UK hospital market with BMI acquisition

Toronto-based NorthWest Healthcare Properties Real Estate Investment Trust has entered the UK private hospital market with the acquisition of six BMI properties for £97.8m. The...

Portman Dental Care continues expansion

Portman Dental Care continued its expansion with the acquisition of St Michael’s Dental Practice and St Michael’s Orthodontics Ltd in Wakefield, West Yorkshire. Financial details of...