Looking After You

Spire Healthcare Group plc Annual Report 2019

Our year in review

Quality, safety and a genuine commitment to patient care from colleagues across the business are making a real difference to our patients’ lives.

Garry Watts
Chairman

I’m delighted to report that we achieved our key objectives in 2019 and this has been reflected in a very good business performance over the year.

Justin Ash
Chief Executive Officer

Financial highlights

Revenue (+5.3%)

£980.8m

2018: £931.1 million

Conversion of EBITDA to cash

109%

2018: 103%

Private revenue growth (+5.8%)

£670.6m

2018: £633.7 million

Net debt / EBITDA

2.99x

2018: 3.27x

Case studies: Purpose in action

Spire Parkway Hospital

Our Purpose – making a positive difference to our patients’ lives through outstanding personalised care – has proved inspirational in transforming the culture and standards of care at Spire Parkway Hospital. This has resulted in an improved ‘Good’ CQC rating in 2019, with an ‘Outstanding’ rating for Caring.

Spire Manchester Hospital

When the local NHS Trust began a lung health check pilot in Manchester in 2018, it proved so successful that it quadrupled lung cancer early diagnosis rates. This inevitably led to more patients requiring thoracic surgery and an urgent need to increase capacity to meet the demand.

Spire London East Hospital

Samuel Brain was just 17 years old when he was involved in a motorcycle accident and sustained severe spinal injuries that resulted in permanent paralysis from the waist down. As someone who uses a wheelchair all of the time, he conducted a complete patient audit at Spire London East Hospital.

Spire Leicester Hospital

The team at Spire Leicester are providing outstanding personalised care that extends beyond clinical treatment by organising informal ‘coffee, cake and chat’ sessions for oncology patients after they have finished their course of chemotherapy. The monthly sessions are patient-led and allow people to share their experiences.