Healthcare Markets

Primary care services provider The Practice plc recorded massive revenue growth for the fifteen month period to 31 March 2011 but went further into...

GI Partners is reported to be set to sell Cambian Group, which specialises in mental health, learning disability and education services. A source told Health Investor that Rothschild had been enlisted to manage the sale of the business whilst other sources confirmed that the business was up for sale.

Independent private medical insurance intermediary, The Private Health Partnership (PHP) has appointed Judith Warr, financial controller. Ms Warr joins PHP having spent eight months...

HWH Group Ltd, the out of hours (OOH) care business has reported continued double digit growth but also records a disappointing’ loss. Revenue grew to £90m in the year ended 31 March 2011, up 58% from £57m in 2010. The group forecasts that revenue for the year ended 31 March 2012 will exceed £100m.

Royal Bank of Scotland (RBS) has appointed Stuart Dean as its new head of healthcare within its corporate and institutional banking (CIB) team. Mr...

Impellam, global staffing solutions firm, reported a positive year in its results for the 52 weeks ending December 31 2011 with EBITDA increasing 13.9% to £47.5m (£41.7m in 2010) and operating profit increasing by 13.4% or £8m on 2010 results to £34.8m.

Lindsay Dibden, from the healthcare team and Hg Capital, which backs Voyage, has announced his retirement after 23 years with the company. He left...

Independent sector treatment centre (ISTC) provider UK Specialist Hospitals (UKSH) posted a large increase in turnover to £62.7m from £32.9m in 2010 and turned around a pre-tax loss of £1.2m for 2010 into a £5.6m profit before tax for the year ended 31 March 2011. The loss in 2010 had reflected primarily non recurring pre-opening expenditure incurred mobilising three new treatment centres’ in Bristol, Devizes and Cirencester. Cost of sales rose sharply from £26.5m to £43.5m and gross profit rose significantly from £6m to £19.1m. Debt due within one year stood at £17.1m (2010: £14.1m) and long term debt stood at £11.1m (2010: £18.8m). Net liabilities at year end were £761,368 (2010: £5.4m) and the group had £11.2m cash in hand.

Interglobal, the international private medical insurer has appointed Samantha Bloor as a medical adviser within InterGlobal Assistance, the company’s integrated 24/7 claims-assistance division.Ms Bloor...

Mental health hospital provider Mild Professional Homes, trading as St Luke’s Healthcare, has fallen into administration unexpectedly. Joint administrators from Grant Thornton have been appointed. They will run the company as normal while a new owner is sought.