Healthcare provider sees 14% rise in annual turnover
Healthcare provider One Health Group saw turnover rise 14% to £23.3m in full-year results year to the end of March.
The group, which provides free, independent NHS care to patients referred for orthopaedics, spine, general surgery and gynaecology matters, saw a 13% increase in NHS referrals over the year, to a new record of 13,266. Underlying operating profit rose 6% to £1.6m.
The firm said it had identified a location for a new surgical hub, and was exploring further locations for capacity expansion and additional capacity in the independent sector to support government waiting list reduction targets.
Chief executive Adam Binns said, “One Health has continued to perform well over the last financial year, ahead of last year, demonstrating solid growth in new and existing geographies, and setting new records for turnover, new NHS patients and surgical procedures.
“In addition to direct NHS referrals received when patients exercise their statutory right to choose their provider of care through ‘Patient Choice’, selecting One Health through the NHS e-Referral Service (e-RS), we continued to support five individual NHS Trusts with their internal patient waiting lists, further reducing the pressure on the NHS.
“The record number of new surgeons applying to provide their services to us is testament to the benefits that the Group provides to the wider community of NHS patients.
“In consequence, the three drivers of our growth – more patients, more surgeons and more operating theatre capacity – continue to be the mainstays of our business model, as they have been for the last 20 years since the business was established.
“We look forward to the future with confidence, as the provision of free surgical care for NHS patients becomes more widely adopted to reduce waiting lists. This approach is now being strongly supported by all mainstream political parties and NHS campaigns to promote Patient Choice.”