Spire enjoys healthy revenues as it cashes in on strong demand

Spire Healthcare is cashing in on strong demand from both the NHS and private clients – including those without health insurance opting to pay for treatment themselves.

The UK’s only listed private hospital group said revenues rose 13.1 per cent in the first half of the year to £676.5million.

Revenues from private healthcare rose 10.4 per cent ‘with strong growth in private medical insurance and further growth in self-pay’. 

Revenues from the NHS grew 17 per cent as private hospitals took on more work to help ease record long waiting lists. 

Profits for the first six months of the year hit £20.3million, up from £3million in the same period of 2022.

The surge in business came as the NHS struggles under the weight of huge waiting lists and strikes by doctors and nurses. 

Figures yesterday showed the NHS waiting list in England has hit a record 7.7m patients.

In February 2020, the last full month before the start of the Covid-19 pandemic, the waiting list stood at 4.57m.