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BUPA raises £450m to pay off debt

Healthcare Market News (Company News) August 2002 BUPA Hospitals is raising £450m though the whole business securitisation of its 34 hospitals. The...

Global Health Partner turns a profit

Global Health Partner, the Scandinavian owned investment holding company for the group engaged in developing and promoting specialised healthcare services, has issued its directors’ report and financial statements for the year ended 31 December 2010.

Improved occupancy rates boost Ludlow Street

Improved occupancy rates have helped boost turnover at mental health hospital provider Ludlow Street Healthcare. The company, which operates facilities in England and Wales, reported...

Vitruvian may bid for Healthcare at Home

The rumour mill is starting up regarding potential buyers for home care provider Healthcare at Home.

Tunstall positive despite loss

Tunstall Healthcare Group Ltd, which provides telehealth and telecare services internationally, reported global revenue growth of 27% to £182.1m for the year ending 30 September 2012 (2011: £143.2m), additional revenues coming primarily from overseas acquisitions including American Medical in the States and STT Condigi in the Nordic region (£35.8m), but also with a pleasing contribution of £5.5m from organic growth of 9% in UK operations. Operating profit before amortisation of goodwill and exceptional items was £43.5m (2011: £37.3m), but after deductions of £26.7m (amortisation of goodwill on acquisitions) and £6.4m (operating exceptional items) Tunstall was left with operating profits of just £10.3m (2011: £11.1m).

The Practice in the red despite ‘massive revenue growth

Primary care services provider The Practice plc recorded massive revenue growth for the fifteen month period to 31 March 2011 but went further into the red because of acquisition turnaround costs. Turnover more than trebled from £8.22m to £25.9m. Losses on ordinary activities before tax were £3m compared with losses of £748,214 in the 12 months to 31 December 2009.

James Hull eyes flotation

Healthcare Market News (Company News) July 2003 Private dental chain James Hull Associates (JHA) is setting its sights on an initial public...

TBS GB Telematic & Biomedical Services Ltd, which repairs and maintains medical equipment and...

Despite challenging market conditions and increased competition, pre-tax profits for 2010 was £3.1m, slightly up from £2.9m in 2009.

Integrated Dental profit warning

Healthcare Market News (Company News) November 2003 Integrated Dental Holdings (IDH) has warned that continuing recruitment problems are holding back income levels...

Primary care fund targets GP surgeries

Healthcare Market News (Company News) December 2003 A new listed company set up by two former GPs has raised £140m to invest...