Medica reports margin improvement as elective recovery continues

Teleradiology business Medica today said that gross margins had exceeded 2020 levels in H1 as elective revenues recover. In a trading update, the London-listed company, which provides routine elective and out-of-hours teleradiology services for NHS trusts, said elective activity reached 75% of pre-pandemic levels in the first months of this year. It expects volumes to…