Ramsay slashes guidance following weak performance in the UK

Craig McNally, CEO, Ramsay Health Care

Ramsay Health Care has cut its earnings guidance for 2018, citing continued challenges in the UK market. Australia’s biggest healthcare company, which entered the UK market with the acquisition and subsequent rebranding of Capio in 2007, said NHS demand management strategies were having a ‘significant negative impact’ on volumes despite lengthening NHS waiting lists. Roughly…

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