Smith & Nephew hits back at claims it massaged profit margins healthcare Embattled hip and knee implant maker Smith & Nephew has hit back at a report claiming that it deployed aggressive accounting techniques to bolster its profit margins.
Assura boss: UK at ‘turning point’ in healthcare as more Brits snub NHS and go private Business Healthcare property giant Assura has called for investment in the sector and said that the UK is a turning point in its delivery of healthcare alongside its half-year results. Chief executive Jonathan Murphy said that the need for investment in healthcare was “starkly outlined” by the recent Lord Darzi report, which found the current primary [...]
Revenue doubles for health insurance provider Personal as Brits look for NHS alternative Business Personal Group, a London-listed workforce benefits and health insurance provider, has delivered double digit revenue growth across all areas, as the business credits its strategy
Replace the NHS with Social Health Insurance says think tank September 19, 2024 The IEA has called for a radical transformation of the NHS, proposing it be replaced with a Social Health Insurance system to improve healthcare outcomes in the UK
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.
Inspiration Healthcare reports steady revenue following acquisition September 3, 2024 Inspiration Healthcare has reported revenue of £17m in the first six months of its financial year, driven by significant growth in its infusion therapies products division, it said today. The London-listed firm, which is headquartered in Croydon, said its revenue was in line with management expectations in the six months ending July 31, 2024, boosted [...]
Craneware spies ‘increased opportunity’ from Microsoft partnership September 3, 2024 Software and IT company Craneware said it sees “increased opportunity ahead” as it posted solid full year results on Tuesday, ahead of expectations. The Scottish company, which provides software to American healthcare organisations, beat forecasts as revenue rose to $189.3m (£144.3m) in the year to 30 June 2024, up nine per cent from $174m (£133m) [...]
Bupa launches ‘Netflix style’ private GP subscription service August 29, 2024 British health insurance provider Bupa has launched a new subscription-based GP service as the healthcare industry increasingly shifts towards on-demand services. For under £20 a month, subscribers gain access to same-day GP appointments, prescription deliveries and round-the-clock support through a dedicated ‘healthline’. The launch comes on the back of a Bupa survey highlighting the growing [...]
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 [...]
AI taskforce is needed to reform health and social care in the UK, says tech founder August 6, 2024 The UK needs an AI taskforce designated to the innovation of health and social care to avoid being left behind, the founder of digital-first social care provider Cera has said.