Improved occupancy rates pushes Nightingale into profit
Improved occupancy rates have driven a 12% rise in turnover for central-London psychiatric hospital Florence Nightingale. The Marylebone-based facility, which trades as Nightingale Hospital, said occupancy rates increased from 61% to 69% in the year ended 31 December 2017 pushing up revenue to £17.4m. The…
Montreux Healthcare acquires staffing agency
Care investor Montreux Healthcare Fund has bought Chester Healthcare Limited (CHL), a healthcare staffing business, for an undisclosed sum. CHL operates in the North West and South West of England and is part of care services provider Jane Lewis. The deal is expected to add…
Paying your way
As NHS work declines, major hospital operators are increasingly looking to take advantage of the uplift in self-pay by offering easy payment options. Anna Cole-Bailey finds out why making self-funded treatment more accessible could be the key to keeping the sector in rude health All…...
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HCA results confirm wobble in central London hospital market
Continued decline in inpatient numbers dented revenue across HCA’s central London hospital business in 2017. HCA International, which comprises the Harley Street Clinic, the Portland Hospital, Princess Grace, the Wellington and HCA UK at The Shard, plus a handful of joint ventures with doctors and…
HPC appoints non-executive
Healthcare real estate developer Healthcare Property Company (HPC) has appointed Ray Stanbridge (pictured) as a non-executive director to its parent company Healthcare Property Group (HPG). Stanbridge is a founding partner of Stanbridge Associates, an accountancy and tax advisory practice for medical consultants and independent hospitals….
NHS could see 51,000 nursing shortfall after Brexit, report warns
The NHS could face a shortage of up to 51,000 nurses after the Brexit transition – enough to staff 45 hospitals – a report has warned. According to research by the National Institute of Economic and Social Research (NIESR), the health and social care sectors…
Acadia says it could offload poor performing Priory sites
US health giant Acadia Healthcare has said it could sell or close some Priory Group facilities as challenging trading conditions continue to erode UK margins. Despite a 4.4% increase in same facility revenue for the third quarter of 2018, EBITDA margins fell 450 basis points…
Swedish virtual GP provider partners with NHS
Swedish digital healthcare company LIVI, Europe’s largest online primary care provider, has entered the UK market through a partnership with the NHS. Its online GP services have been made available in 40 GP practices in North West Surrey and the North West of England. The…
Totally revenue surges as it eyes further growth
Acquisitions and new contract wins boosted revenue for out-of-hours healthcare provider Totally plc in the first half as it continued to pursue its aggressive buy and build strategy. The AIM-listed company reported a ten-fold leap in revenue to £40.2m for the six months ended 30…
Health Secretary told to cut elective surgery waiting lists
A coalition of leading health bodies have written to the Health and Social Care Secretary, calling on the government to prioritise cutting elective surgery waiting times. In a letter to Health Secretary Matt Hancock, signed by the NHS Partners Network (NHSPN), the Royal College of…
