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Another tough year for Spire

The hospital operator is hoping growth in private patient revenue will offset NHS-derived sales this year
Another tough year for Spire

Those familiar with hospital operator Spire Healthcare (SPI) will know that it earns revenues in two ways – from the NHS and from private patients. The former has been under pressure due to tighter budgets and what the group described as “dispersed” decision-making and priorities that vary by geography. However, revenues from the latter – who are either self-funded or paid for by insurance companies – has helped offset the damage.

IC TIP: Hold at 126.5p

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