FTSE 250 private healthcare firm could see ‘increased demand’ under Labour Healthcare 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 Healthcare 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 healthcare 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
Spire spends millions on widening reach as the number of sick staff in UK rises December 19, 2022 The UK’s second largest private healthcare group has spent millions on widening its reach, as the number of long-term sick people in the country rises. Spire has bought independent hospital group The Doctors Clinic Group for £12m, bringing 22 private GP practices under its wing, it announced today. The London-listed healthcare group said the deal [...]
Private healthcare giant Mediclinic rejects £3.4bn offer from consortium June 9, 2022 Private hospital operator Mediclinic has rejected a £3.4bn takeover approach from a consortium including billionaire luxury goods tycoon Johann Rupert. In an update on the London Stock Exchange, the Mediclinic board confirmed that it received an unsolicited and conditional proposal from a consortium on 26 May 2022. The consortium consisted of South African investment firm [...]
Spire shareholders scupper £1bn Ramsay takeover bid July 19, 2021 Shareholders in private hospitals group Spire Healthcare have narrowly rejected a £1bn takeover bid from Ramsay Health Care. At today’s AGM it was announced that around 70 per cent of the FTSE 250’s shareholders had voted in favour of the takeover, narrowly missing the 75 per cent minimum threshold. Spire’s board had unanimously recommended that [...]
Spire Healthcare delays vote on £1bn Ramsay takeover as investors voice concerns July 7, 2021 Spire Healthcare delays vote on £1bn Ramsay takeover as investors voice concerns
Ramsay sweetens the deal for Spire Healthcare takeover with higher bid July 5, 2021 Ramsay sweetens the deal for Spire Healthcare takeover with higher bid
Spire Healthcare on track for 2020 targets March 5, 2020 Spire Healthcare remains on track to meet targets for 2020 after it swung back into profit last year. Revenue increased 5.3 per cent from £931.1m in 2018 to £980m for the year ended 2019. Instead of 2018’s £5.6m loss, profit before tax was £9.6m. Operating profit also jumped 32.8 per cent from £71.1m to £94.4m [...]
Not what the doctor ordered: Spire suffers profit hit amid drop in NHS referrals September 18, 2018 UK private healthcare provider Spire was diagnosed with falling profits in the first six months of 2018, as a drop in referrals from the NHS ate away at the company’s projected core earnings. Spire Healthcare Group’s share price tumbled more than six per cent in early morning trading, after the firm predicted full-year expected earnings [...]