(Alliance News) - Totally PLC on Monday said it has won a GBP700,000 contract with the Saolta University Health Care Group.
Shares in the Derby, England-based healthcare services provider were down 5.5% to 5.20 pence each in London on Monday morning. Over the last 12 months, the stock is down 71%.
Totally said it has won a further new insourcing contract for the delivery of oral and maxillofacial outpatient and day surgery services for the Saolta University in Ireland. Insourcing means the operations are conducted on-site within the customer.
"The Saolta group provides acute and specialist hospital services to the west and worth west of Ireland in six hospitals across seven sites in Galway, Mayo, Roscommon, Sligo, Leitrim, Donegal and adjoining counties," Totally said.
Totally added that it has worked with Saolta since 2021, providing insourcing support for various specialities including gastroenterology and urology.
The new contract, which is valued at around GBP700,000, is for the insourcing of maxillofacial/oral surgery outpatient assessments and day surgery sessions for a 12-month period.
Totally noted that all procedures will be delivered during weekends when hospital facilities are not otherwise in use, maximising the potential number of patients seen within the existing hospital infrastructure.
Following the initial 12-month period there is an option to extend for a further 12 months, it noted.
By Sophie Rose, Alliance News senior reporter
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Totally (TLY)