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Spire agrees to treat NHS patients

By Abigail Townsend

Date: Monday 10 Jan 2022

Spire agrees to treat NHS patients

(Sharecast News) - Spire Healthcare Group has struck a deal to treat NHS patients during the Omicron surge, the private hospital operator said on Monday.
The FTSE 250 firm said that it had reached an agreement in principle to treat elective NHS patients and provide urgent cancer work during the pandemic. It followed "detailed discussions with NHS England and other independent providers, in light of the uncertainties created by the Omicron variant", Spire said.

Final details have yet to be confirmed but the agreement will operate on similar terms to a previous contract Spire had with the NHS, which was in place from January to March 2021. Payment will be made by activity based on NHS tariff, "with minimum value underpins".

The operator will also provide, if required and subject to meeting certain criteria, access to all its facilities and teams in the event of a surge of Covid-19 patients in NHS hospitals, for which all its costs will be paid.

Spire has 40 hospitals and eight clinics across England, Wales and Scotland. In September, it reported interim pre-tax profits of £4.7m, versus a loss of £231m a year previously, as patients looked to avoid growing NHS waiting lists by paying for their own treatment. Revenues rose 40% at £558m.

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