Turnover up but continued losses at Cromwell Hospital

High energy costs, rising inflation and nursing recruitment resulted in continued losses at London’s Cromwell Hospital in FY23 despite a 12.8% jump in turnover. Increases in daycase and inpatient volumes, along with higher prices, resulted in revenue of £146.9m in 2023 against £130.2m the previous year. However, at a time when the independent hospital sector…