Spire Healthcare considering sale amid shareholder pressure healthcare Spire Healthcare has confirmed it is exploring “a range of potential options” for the business, including a possible sale, after mounting pressure from some of its largest shareholders. In a statement to the London Stock Exchange, the private hospital group stressed that no decisions have been taken and that it is not in receipt of [...]
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 [...]
Mark Kleinman: NatWest staff set for Valentine’s Day bonus Business Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles a love-in at NatWest, a Budget blow to private healthcare and how cricket went all out NatWest staff set for Valentine’s Day bonus The finishing line is in sight. NatWest’s journey through [...]
The private health companies set to profit from Labour’s NHS plans January 7, 2025 A City broker has said Feedback and One Health Group are expected to be the main beneficiaries of the government’s plans to reform the NHS in the UK. The Elective Reform Plan, published yesterday by NHS England, set out a range of reforms to enable the government to hit the 18-week target for referral to [...]
Spire Healthcare: High demand for private healthcare drives double-digit growth September 12, 2024 Spire Healthcare has reported a jump in revenue as the healthcare provider once again benefited from a high-performing private sector and a surge in medical insurance amongst working-age people. In its half-year results today, the FTSE 250-listed company, which is also the UK’s second-largest private healthcare group, said revenue was up 12.7 per cent to [...]
FTSE 250 private healthcare firm could see ‘increased demand’ under Labour June 26, 2024 The UK's second-largest private healthcare group could benefit if Labour wins the general election on 4 July, according to a leading broker, as the party vows to clear the NHS waiting list backlog over the next parliament.
NHS buys private healthcare provider Spire’s Tunbridge Wells hospital April 3, 2024 The private healthcare provider sold the hospital to the Maidstone and Tunbridge Wells NHS Trust, a major acute hospital trust in the south-east of England.
NHS delays help private healthcare provider Spire Healthcare’s profit jump by a third February 29, 2024 The FTSE 250-listed company, which operates 38 hospitals and works with over 8,000 consultants in the UK, saw its revenue increase by 13.4% to £1.4bn