Private healthcare group Bupa wrote off £33.5 million from the value of its home health business, helping send its annual pre-tax profits down 12% to £514 million. Bupa said the NHS was clamping down on the amount it would pay for providing chemotherapy, intravenous feeding and rehabilitation at home for elderly and bed-ridden patients. However, the company, which owns the Cromwell Hospital in Kensington, said it had spent £1.3 billion on deals to increase its presence in markets such as Australia, Hong Kong, Poland and the US.
Profits down for Bupa
Deprecated: ltrim(): Passing null to parameter #1 ($string) of type string is deprecated in /www/whitehouseconsulting_584/public/wp-includes/formatting.php on line 4558
14 March 2014
5 MINS 30 SECS
If you would like to understand what these developments mean, please get in touch with our specialist team.
Related
