Improved year at Florence Nightingale

Improved bed occupancy fuelled a 10% rise in turnover at Florence Nightingale Hospitals last year. Capio AB’s sole remaining UK asset has faced challenging times in recent years as occupancy levels fell and revenue declined following the closure of two of its hospitals. However, rationalisation and increased focus on costs is now beginning to deliver clear benefits with revenue for the year ending 31 December 2010 up to £10.1m and operating losses reduced from £2.6m to £1.1m.