Spire Healthcare Group PLC

Description

Spire Healthcare Group plc is a United Kingdom-based hospital chain. Spire Healthcare is one of the UK's biggest private medical clinic suppliers, with 39 medical clinics and 8 centres across England, Wales, and Scotland. The Company was shaped from the offer of BUPA Hospitals to private value organization Cinven in 2007. From that point, it has intermittently added other clinics and centres, including 10 classic medical clinics for 2008 and, most as of late, new, cutting-edge emergency clinics in Manchester and Nottingham, which opened in 2017.

The company works in roughly 39 medical clinics and more than 8 facilities across the United Kingdom. The Company likewise claims and operates a sports medication, physiotherapy, and recovery brand, Perform, and a screening administration, Life scan, just as general pathology administrations. The Company offers a scope of essential consideration, counselling, and demonstrative administrations.

The company serves a patient blend comprising private medical insurance (PMI), self-pay, and National Health Service (NHS) patients. The Company's essential exercises incorporate diagnostics, like imaging, attractive reverberation imaging or electronic tomography filtering and pathology; out-patient administrations, for example, counselling, medicines, wellbeing checks, and physiotherapy, and in-patient days case techniques, like muscular health, cardiology, nervous system science, oncology, and general surgery.

The group has identified key strategic areas to emphasize upon which are as follows:

• The primary choice for private healthcare: The Company aims to be a market leader by establishing partnerships with all PMI networks and investing resources in diagnostics. The Company continues to strengthen its pricing clarity by developing new, market-leading dynamic self-pay pricing capabilities.
• Key Partner of the NHS: The Company is in the process of building stronger domestic and international relationships with NHS commissioners and complying with NHS requirements. The Company is also working to ramp up to deliver services under the new NHS increasing capacity framework.
• Top-Quality Patient Safety and Clinical Assistance: The Company has simultaneously improved on these aspects and aspires to have the lowest patient harm incidents. They have a robust governance model, which has proven to be effective. The Company takes their patient feedback seriously and focus on the ratings across all sites and focus on patient engagement.
• Stakeholder Management: The Company has focused on improving revenue growth by eliminating operational inefficiencies and identifying various revenue-generating avenues.