Medica reports margin improvement as elective recovery continues

Dr Stuart Quin, chief executive officer, Medica Group

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…

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