TIDMTLY
RNS Number : 5913O
Totally PLC
03 October 2019
03 October 2019
Totally plc
("Totally" or "the Company")
Launch of new business: Totally Healthcare
Totally plc (AIM: TLY), the provider of a range of services to
the healthcare sector in the UK, is delighted to announce the
launch of Totally Healthcare Limited ("Totally Healthcare"), a
specialist business targeting the market for insourcing of
healthcare services in the UK and Ireland. Totally Healthcare has
been set up as a wholly-owned subsidiary of Totally plc.
Totally Healthcare is focused on insourcing, where hospitals
sub-contract medical services / procedures to providers who use the
host hospitals' premises and equipment for service delivery, taking
advantage of spare capacity typically during weekends and bank
holidays. The service makes for efficient use of hospital
infrastructure and addresses a key issue in the UK healthcare
industry: long patient waiting lists. Totally Healthcare will
provide bespoke, high quality insourcing solutions, bringing its
own consultants and nursing teams to work across specialties such
as endoscopy, ophthalmology, ear nose and throat (ENT),
orthopaedics and urology with activities including diagnostics,
day-case surgery and outpatient activity.
Operating in a fragmented and developing market segment,
currently estimated by management to be valued at GBP125m-GBP150m
per annum, Totally Healthcare aims to become the UK and Ireland's
insourcing market leader by providing high quality insourcing
solutions to hospitals and quality care to patients.
To date, Totally Healthcare has conducted a pilot scheme in the
Republic of Ireland, where consultants, with supporting nursing
teams, were provided from the UK. Patients were treated at their
local hospital with numerous procedures performed over a series of
weekends which included colonoscopy, gastroscopy and flexible
sigmoidoscopy. All of the patient feedback rated the care they
received to be "very good" or "excellent".
Totally Healthcare will be led by Marie Lee, Managing Director,
along with experienced clinicians including Dr Graham Turner,
Medical Advisor, and Kaye Drew, Head of Nursing. Totally
Healthcare's management team have a wealth of experience in
delivering high quality insourcing services, focused on key
clinical specialties, to hospitals in the UK and Ireland helping to
reduce waiting times for patients. Totally Healthcare sits within
the framework of Totally plc which provides the organisation with
Board level assurance as well as clinical and business support from
Totally's corporate team, including: business development, clinical
governance, corporate assurance, finance, IT, HR and
recruitment.
More information on Totally Healthcare can be found via its new
website here: https://www.totallyhealthcarelimited.com/
Wendy Lawrence, CEO of Totally, said:
"We are delighted to officially announce the launch of Totally
Healthcare. The Group's directors have identified long waiting
lists as a fundamental issue facing the UK and Ireland's healthcare
sector and we believe that Totally Healthcare is well placed to
address this issue. By building upon the existing relationships of
the Group and its subsidiaries we are confident we can make a
significant impact in the fragmented insourcing market, with the
ultimate aim of becoming the market leader.
"Long patient waiting lists can impact care quality and cause
hospitals operational and / or financial problems. In many cases,
hospitals are unable to reduce their waiting lists effectively
without external support. With nearly 4.5m NHS patients currently
on waiting lists in England alone and continuing increasing demand
for NHS services, waiting times and waiting lists are not likely to
decline without considerable effort. We see a significant
opportunity to benefit patients and hospitals alike, across the UK
and Ireland.
"The management team at Totally Healthcare boasts not only a
wealth of experience in insourcing specifically, but also in
broader healthcare and business development. Clearly, we plan to
use Totally's current position as a leading healthcare provider
across England and use our existing strong relationships with NHS
commissioners and our central corporate teams to aid Totally
Healthcare's growth.
"We are encouraged by the positive feedback that we have
received to date from the pilot scheme in the Republic of Ireland
and are also extremely pleased to announce that Totally Healthcare
has secured a new contract in Ulster to deliver endoscopy
procedures, a valuable starting block from which the business can
grow. We look forward to notifying the market of further successes
in due course.
"The Group has a proven track record of aligning new businesses
with the Company, as demonstrated by the acquisitions of Vocare and
Greenbrook Healthcare, and we fully intend to drive Totally
Healthcare's growth and to capitalise on the opportunities within
the insourcing market in the UK and Ireland."
For further information please contact:
Totally plc 020 3866 3335
Wendy Lawrence, Chief Executive
Bob Holt, Chairman
Allenby Capital Limited (Nominated Adviser
& Joint Corporate Broker) 020 3328 5656
Nick Athanas
Liz Kirchner
Canaccord Genuity Limited (Joint Corporate
Broker) 020 7523 8000
Bobbie Hilliam
Alex Aylen
Yellow Jersey PR 020 3004 9512
Georgia Colkin
Joe Burgess
Notes to Editors
Totally plc aims to become a leading healthcare service provider
in the UK, helping to address some of the biggest challenges faced
by the UK healthcare sector.
By working to deliver preventative and responsive care through
its subsidiaries across multiple disciplines, Totally's goal is to
improve people's health, reduce healthcare reliance, re-admissions
and emergency admissions.
Totally, via its subsidiaries, operates within the UK's
outsourced healthcare market, estimated to be worth in excess of
GBP20bn per year for the NHS alone. Out of hospital services
include care in the community, GP surgeries, patients' homes,
prisons and other public sector organisations, places of work as
well as mobile locations and urgent care solutions.
The Company is currently engaged in delivering a progressive buy
and build consolidation strategy within the UK's fragmented
healthcare market and looks to further capitalise on the attractive
opportunities that its disruptive, outcome-based, outsourced
healthcare service model offers, to ultimately deliver value to
shareholders as it continues to build critical mass.
www.totallyplc.com
Premier Physical Healthcare and Optimum Physiotherapy -
occupational physiotherapy to NHS, prisons and the police force as
well as private clients
Wholly owned subsidiaries of Totally plc, providing a
comprehensive range of treatments and advice for musculoskeletal
injuries and conditions. The businesses deliver physiotherapy and
podiatry to NHS patients, have contracts with various police forces
and prison sites and provide occupational health and ergonomic
services to corporate and private clients. Totally completed the
acquisition of Premier Physical Healthcare Limited on 1 April 2016
and Optimum Sports Performance Centre Limited on 14 November
2016.
www.premierphysicalhealthcare.co.uk
www.optimum-hcs.com
About Health Limited - provider of community based dermatology
services and referral management services
A wholly owned subsidiary of Totally plc and a leading provider
of dermatology and referral management services to the NHS in the
UK. About Health has been providing community based health services
under contract to the NHS since 2009 and the company is CQC
registered. Totally completed the acquisition of About Health
Limited on 15 June 2016.
www.abouthealthgroup.com
Vocare Limited - leading UK urgent care provider
A wholly owned subsidiary of Totally plc, the Vocare Group is
one of the leading national specialist providers of urgent care
services in the country. Headquartered in Newcastle upon Tyne, it
provides innovative healthcare services to approximately 9.2
million patients across the UK through urgent care centres, GP
out-of-hours services, integrated urgent care centres and the NHS
111 service - working in close collaboration with the NHS and other
healthcare providers in local areas nationwide. Totally completed
the acquisition of Vocare Limited on 24 October 2017.
www.vocare.org.uk
Greenbrook Healthcare - leading provider of NHS urgent care
centres
A wholly owned subsidiary of Totally plc, Greenbrook Healthcare
is an innovative primary care organisation caring for NHS patients
across London and the home counties. The business delivers services
for NHS patients in a growing number of GP Practices, Walk-in
Centres, Urgent Care Centres and community services. Totally
completed the acquisition of Greenbrook Healthcare on 20 June
2019.
www.greenbrook.nhs.uk
Totally Healthcare - provider of insourcing to reduce hospital
waiting lists
A wholly owned subsidiary of Totally plc, Totally Healthcare
provides bespoke insourcing solutions to cut patient waiting times
across the UK and Ireland. Hospitals subcontract medical
services/procedures to Totally Healthcare's practitioners who
utilise spare capacity within the host hospitals - using their
premises and equipment for service delivery to reduce waiting
lists. Totally Healthcare works across specialties such as
endoscopy, ophthalmology, ear nose and throat (ENT), orthopaedics,
urology and plastics with activities including diagnostics,
day-case surgery and outpatient activity.
www.totallyhealthcarelimited.com
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