02 August 2021
Totally plc
("Totally", the "Company" or the "Group")
Totally awarded key new Urgent Care contract
Further Urgent Care contract extensions and Insourcing update
Totally plc (AIM: TLY), a leading provider of a range of healthcare services across the UK and Ireland, is pleased to report that the Group's Urgent Care division has been awarded a new contract (the "Contract") which is expected to be worth circa £4 million per annum.
The Contract, which is for the provision of an Urgent Treatment Centre on behalf of King's College Hospital NHS Foundation Trust, follows a full procurement process led by Greenbrook Healthcare Limited ("Greenbrook"), part of Totally's Urgent Care Division.
The Contract will run for a period of three years, with an option to extend for a further two years. Plans to mobilise the new service are already underway in preparation for commencement of the Contract.
The total value of the Contract will depend on activity volumes but is expected to be circa £4 million per annum.
Further Urgent Care contract extensions
The Group's Urgent Care division has been awarded a number of contract extensions across England for the provision of Clinical Assessment Services ("CAS") associated with Think 111 First and other services for the on-going management of COVID-19, equating to a total value of c. £2.5 million.
Insourcing update
Totally's Insourcing division continues to see increased demand for its services to reduce waiting lists across England, Northern Ireland, Republic of Ireland and Scotland. NHS England recently confirmed a record number of people on waiting lists, now standing in excess of c. 5.3 million.
The division continues to work with hospitals across the UK and Ireland, predominantly at weekends, delivering services across a range of specialities which include:
· Endoscopy
· Ophthalmology
· Oral and Maxillofacial services
· Rheumatology
· Dermatology
Wendy Lawrence, CEO of Totally, said: "I am absolutely delighted that our Urgent Care division has been awarded this important contract for the provision of an Urgent Treatment Centre on behalf of King's College Hospital NHS Foundation Trust. Leveraging our knowledge of the local population, particularly following our acquisition of Greenbrook, the Contract further expands our portfolio of Urgent Treatment Centres in London and allows us to ensure that the highest quality and most appropriate care is provided to as many patients as quickly as possible.
"We are also pleased to report that our Urgent Care Division was awarded a number of contract extensions around the work we are doing with the Think 111 First service and the ongoing management of COVID-19. Meanwhile, our Insourcing division is now working tirelessly with hospitals across the UK and Ireland, predominantly at weekends, as elective care services are restarted following delays by hospitals during the pandemic.
"The pandemic continues to put significant pressure on the UK and Ireland's healthcare system and all of our divisions are experiencing heightened demand for their services.
"I look forward to updating the market on further progress in due course."
For further information please contact:
Totally plc |
020 3866 3330 |
Wendy Lawrence, Chief Executive Bob Holt, Chairman
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Allenby Capital Limited (Nominated Adviser & Joint Corporate Broker) |
020 3328 5656 |
Nick Athanas / Liz Kirchner (Corporate Finance) Amrit Nahal (Sales & Corporate Broking)
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Canaccord Genuity Limited (Joint Corporate Broker) |
020 7523 8000 |
Bobbie Hilliam Alex Aylen
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Yellow Jersey PR |
020 3004 9512 |
Joe Burgess Henry Wilkinson Annabelle Wills |
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Notes to Editors
Totally plc is a leading healthcare service provider in the UK and Ireland, working in partnership with the NHS and other providers to deliver healthcare services through its divisions of Urgent Care, Planned Care and Insourcing.
Totally is committed to pursuing a progressive buy-and-build consolidation strategy within the fragmented healthcare market and looks to capitalise on the attractive opportunities that its disruptive service model offers, to generate value to shareholders.
Urgent Care
Totally offers a full range of urgent care services via its subsidiaries, Vocare and Greenbrook Healthcare, two of the largest urgent care providers in the UK, including:
·NHS 111 services
·Clinical Assessment services
·GP Out-of-Hours services
·Urgent Treatment Centres
Planned Care
Totally delivers planned care services, which include community based Out-Patient Services, Referral Management Services, Physiotherapy and Podiatry Services. It provides these through its planned care subsidiaries, About Health, Premier Physical Healthcare and Optimum Physiotherapy.
www.premierphysicalhealthcare.co.uk
Insourcing
Launched in October 2019, Totally Healthcare provides bespoke insourcing solutions across multiple specialities to trusts and hospitals in the UK and Ireland, reducing waiting lists by utilising their spare capacity outside of normal working hours and weekends.
www.totallyhealthcarelimited.com
More information on Totally plc can be found at the following link : www.totallyplc.com .