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Pin to quick picksSpire Healthcare Regulatory News (SPI)

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Agreement in principle with NHS England

10 Jan 2022 07:00

RNS Number : 8485X
Spire Healthcare Group PLC
10 January 2022
 

Spire Healthcare Group plc

 

("Spire Healthcare", "the Company" or "the Group")

 

Agreement in principle with NHS England to provide further COVID-19 support

 

10 January 2022

 

Spire Healthcare Group plc (LSE: SPI), a leading UK independent hospital group, announces that, at the request of NHS England ("NHSE"), it has reached an agreement in principle to provide support to the NHS and its patients during the ongoing COVID-19 pandemic. This agreement follows detailed discussions with NHSE and other independent providers, in light of the uncertainties created by the Omicron variant.

 

While the final details of a new contract have yet to be agreed, it will operate on similar terms to the contract in place during Jan-Mar 2021 which was announced on 21 December 2020. The agreement in principle is for payment by activity based on NHS tariff, with minimum value underpins.

 

Work under the agreement in principle will commence on Monday 10 January and expire on 31 March 2022. There will be no extension or cancellation unless mutually agreed.

 

Under the agreement, Spire Healthcare, together with other independent providers, will continue to relieve pressure on NHS hospitals in England by treating NHS elective patients and providing urgent cancer work. The agreement will allow Spire Healthcare to continue to treat private patients, whilst supporting the NHS.

 

If required, subject to meeting agreed criteria, Spire Healthcare will grant NHSE access to 100% of its facilities and teams on a local, regional or national basis in the event of a surge of COVID-19 patients in NHS hospitals in England. If a Spire Healthcare hospital is in surge, Spire Healthcare will receive 100% cost recovery for its services.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

- Ends -

 

For further information please contact:

 

Spire Healthcare

Angus Prentice - Interim Head of Investor Relations +44 (0)7974 982 512

 

Instinctif Partners

Damian Reece +44 (0)7931 598 593

Guy Scarborough +44 (0)7917 178 920

Jeremy Durrant +44 (0)7792 918 648

 

Registered Office and Head Office:

 

Spire Healthcare Group plc

3 Dorset Rise

London

EC4Y 8EN

Registered number 09084066

 

About Spire Healthcare

 

Spire Healthcare is a leading independent hospital group in the United Kingdom, with 40 private hospitals and eight clinics across England, Wales and Scotland.

 

Working in partnership with around 7,500 experienced consultants, Spire Healthcare delivered tailored, personalised care to almost 750,000 in-patients and daycase patients in 2020, and is the leading private provider, by volume, of knee and hip operations in the United Kingdom.

 

The Group's well-located and scalable hospitals have delivered successful and award-winning clinical outcomes, positioning the Group well with patients, consultants, the NHS, GPs and Private Medical Insurance ("PMI") providers. 90% of Spire Healthcare's hospitals are rated 'Good' or 'Outstanding' by the CQC (or the equivalent in Scotland and Wales).

 

Spire Healthcare treats patients through a variety of routes including PMI, Self-pay and the NHS, providing the Group with diversified access to the expected growth opportunities in the UK healthcare market, which faces significant supply challenges as a result of NHS budget constraints and increasing demand from a growing population with longer life expectancy.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
AGREASFNEDKAEFA
Date   Source Headline
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13th Jul 202111:36 amRNSForm 8.5 (EPT/RI)- Spire Healthcare Group plc
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12th Jul 202111:31 amRNSForm 8.5 (EPT/RI) - Spire Healthcare Group plc
12th Jul 202111:17 amRNSHolding(s) in Company
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9th Jul 20215:38 pmRNSForm 8.5 (EPT/RI)-Spire Healthcare Group plc Amend
9th Jul 20213:20 pmRNSForm 8.3 - Spire Healthcare Group plc
9th Jul 20211:53 pmEQSForm 8.3 - The Vanguard Group, Inc.: Spire Healthcare Group plc
9th Jul 20211:30 pmBUSForm 8.3 - SPIRE HEALTHCARE GROUP PLC
9th Jul 202111:47 amRNSForm 8.5 (EPT/RI)
9th Jul 202111:38 amRNSForm 8.3 - Spire Healthcare Group plc
9th Jul 202111:20 amBUSForm 8.3 - SPIRE HEALTHCARE GROUP PLC
9th Jul 202111:01 amRNSForm 8.5 (EPT/RI)-Spire Healthcare Group plc
9th Jul 202110:06 amRNSForm 8.5 (EPT/RI) - Spire Healthcare Group plc
9th Jul 20217:53 amBUSForm 8.3 - SPIRE HEALTHCARE GROUP PLC
8th Jul 20214:47 pmRNSHolding(s) in Company
8th Jul 20213:25 pmBUSForm 8.3 - SPIRE HEALTHCARE GROUP PLC
8th Jul 20213:20 pmRNSForm 8.3 -Spire Healthcare Group plc
8th Jul 20213:15 pmRNSForm 8.3 - Spire Healthcare Group plc
8th Jul 20213:00 pmBUSForm 8.3 - Spire Healthcare Group plc
8th Jul 20211:49 pmEQSForm 8.3 - The Vanguard Group, Inc.: Spire Healthcare Group plc
8th Jul 202112:56 pmBUSForm 8.3 - SPIRE HEALTHCARE GROUP PLC
8th Jul 202112:26 pmPRNForm 8.3 - Spire Heathcare Group Plc
8th Jul 202111:18 amRNSForm 8.5 (EPT/RI)
8th Jul 202111:18 amRNSForm 8.5 (EPT/RI) - Spire Healthcare Group plc
8th Jul 202111:05 amRNSForm 8.5 (EPT/RI)-Spire Healthcare Group plc
8th Jul 20217:49 amRNSResponse to Glass Lewis report
8th Jul 20217:00 amRNSForm 8.3 - Spire Healthcare Group plc
7th Jul 20213:20 pmRNSForm 8.3 - Spire Healthcare Group plc

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