Spire Healthcare shares plunge as group warns of cost hit despite NHS demand healthcare Shares in NHS private healthcare provider Spire Healthcare plunged by nearly a quarter in early deals this morning after the company warned that higher costs could cut earnings by as much as 10 per cent. The company said it faced a £30m hit to earnings before interest, tax, deprecation and amortisation (EBITDA) in the year [...]
Vitality: ‘Why your health and life insurance premium won’t go down’ insurance In this episode of Boardroom Uncovered, Neville Koopowitz, the chief executive of health and life insurance giant Vitality.
Vitality to offer discounted weight loss drugs in UK first healthcare Customers are to be offered discounted weight loss treatments through insurance giant Vitality in a UK first. The group, which is UK’s third-largest health insurer behind Bupa and Axa, is to offer discounts of up to 20 per cent for medications such as Wegovy and Mounjaro to its 1.9 million members. The offer is to [...]
Healthcare: Could the private sector help Keir Starmer cut NHS waiting lists? January 6, 2025 Plans for a “new agreement” to more closely link the NHS and the private healthcare sector have been unveiled today in a bid to slash waiting lists for patients. The National Health Service (NHS) and the independent sector have struck a new deal which ministers say will improve patient choice as part of plans to [...]
Mydentist looks to India for new recruits as loss widens November 20, 2024 Mydentist has sunk further into the red as it looks to recruit more new hires from overseas after the UK Government relaxed the rules. The business, which is one of the largest dental providers in the UK, has said hiring has been constrained by the limited number of dental school places in this country as [...]
Lord Darzi’s prognosis on the NHS is clear: It needs help from the private sector now September 17, 2024 Lord Darzi's report made clear the NHS is in critical condition; it can no longer afford without help from the private sector now, writes Mark Davies.
Assura: Group snaps up 14 private hospitals as firm gears up for Labour spending spree August 8, 2024 Healthcare property giant Assura has announced a £500m acquisition of a UK private hospital portfolio from Canadian group Northwest Healthcare Properties. The move comes following Labour’s commitment to use more private healthcare providers to help clear the NHS treatment backlog. The takeover includes 14 locations averaging 36 registered beds per hospital and is predominantly based [...]
Health tech group to expand in UK amid booming private healthcare demand April 15, 2024 The provider of 'at home' healthcare services is eyeing a £3m funding round, aiming to add seven new sites to its existing three locations.
NHS crisis driving surge in UK private health admissions to more than 900,000 March 25, 2024 The private health services is expected to see over 900,000 private admissions in 2024, as the surge in demand for the private healthcare continues as the crisis in the NHS battles on. According to an independent consultancy Broadstone, admissions using private medical insurance increased to 458,000 for the first three quarters of the year, an [...]