Sales soar at Assura

WARRINGTON healthcare provider Assura Group today reported a hike in sales and added that losses were better than expected.

In the year to March 31 the group, which partners with GPs to provide patient care in the community, recorded a trading loss of £2.7m compared to £5.4m last time. Revenue for the period was up 19% to £48.3m.

The group said over the last 12 months it has continued to transform itself from a medical property investor into a GP focused healthcare group providing medical and pharmacy services to patients.

Chief executive Richard Burrell said: “Over the last year Assura has made very good progress in transforming itself into a leading healthcare company.

“We are creating significant value through the establishment of our joint venture partnerships with GPs and their ability to become highly effective, local community-provider organisations.

“With the business trading ahead of last year and budget, we are focusing on execution and moving our business toward profitability.”