Excellent year for WPA
Western Provident Association Ltd, the niche private medical insurer operating principally in the south west of England, enjoyed what Directors describe as an excellent year in its statutory accounts for the year ending 2012. with total customer numbers rising by 6% and premium income up by 2% on a like for like basis by which WPA means the aggregate of insurance premium income and the gross value of claims funds managed by its third party administrator arm, WPA Protocol.
Vanguard is upwardly mobile
Mobile operating theatre provider Vanguard Healthcare Solutions reported a 11.5% jump in turnover to £15.5m for the year ended 31
December 2015.
Cost of sales remained...
Bupa dental results
Bupa dental services made a loss after taxation of £1.7m in the year ended 31 December 2013 (2012: £833,041).
US psychiatric provider buys PiC
US based psychiatric provider Acadia Healthcare has acquired Partnerships in Care (PiC) from its private equity owners Cinven for approximately $660m (£393m).
Regard CEO steps down
Sandie Foxall-Smith, CEO of The Regard Group, is stepping down after five years in the post.
Regard was recently acquired by AMP Capital. Global Head...
MedicX Fund reports healthy yield
MedicX Fund, the investor in primary healthcare properties in the UK announced in its interim management statement for the period from 1 April 2012 to 8 August 2012, that its portfolio was valued at 30 June at £286.1 million reflecting a net initial yield of 5.87%. This is unchanged from March 2012, and compares favourably it says with the weighted average fixed cost of drawn long term debt held by the company of 4.72%. Incorporating the June valuation, the unaudited adjusted net asset value at 30 June 2012 is estimated to be £166.3 million, equivalent to 64.7p per share compared with 65.5p per share at 31 March 2012.
Turnover up but losses deepen at Christchurch Court
Neurorehabiliation specialist Christchurch Court Holdings has reported a X leap in turnover to £5.1m.
NHS takes Heart
Healthcare Market News (Company News) August 2001 University College London Hospitals NHS Trust (UCLH) has acquired the private Heart Hospital for £27.5m....
rising to 253p as HMN went to press.
Healthcare Market News (Company News) June 2003 Match makes most of staffing business Match Healthcare Ltd, the former Sinclair Montrose business,...
NHS work continues to bolster revenues at BMI
BMI Healthcare has reported a 4.4% rise in revenue to £446.8m for the last six months thanks to continuing increases in NHS activity.