Fewer Gulf patients hits London hospital revenue

The London Bupa Cromwell hospital, which is operated by Bupa-owned Medical Services International (MSI), said lower patient volumes were partially offset by higher revenues per patient but had led to a 1% dip in turnover to £94.2m.

Although overseas market entrants such as Cleveland Clinic, the Mayo and Schoen Clinic, could enhance the UK capital’s reputation as an international medical destination, they will also increase competition for staff and patients, with potential challenges for incumbent providers.

Meanwhile, MSI’s directors warned that the potential of an ‘no deal’ exit from the European Union could lead to ‘significant commercial, operational and legal impacts on UK businesses’ going forward.