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7 February 2020
Totally plc
('Totally', 'the Company' or 'the Group')
About Health awarded key new contract in Greater Manchester worth £8.4m
Totally (AIM : TLY), the provider of a range of out-of-hospital services to the healthcare sector in the UK and Ireland, announcesthat its wholly-owned subsidiary About Health Limited ('About Health'), a leading provider of dermatology and referral management services to the NHS, has been awarded a new contract (the 'Contract'), to provide community dermatology services to Manchester & Trafford Clinical Commissioning Groups ('Manchester & Trafford CCGs').
The Contract will run for a period of three years, with an option to extend for a further two years at the Contract's conclusion. The Contract, including the extension, is worth a total of circa £8.4m.
Wendy Lawrence, CEO of Totally plc, said:'I am delighted to announce About Health's largest contract to date and the first of 2020 for the Group. In November 2019, we announced that About Health had secured two new contracts and four contract extensions in the six-month period to 30 September 2019, so we are extremely pleased to see that this momentum is now being carried into the new year with this latest contract win.
'This important contract win reflects About Health's continued ambition to increase its presence across the UK, and to consolidate its position as a market leader in community based dermatology services. We now look forward to getting underway across Manchester and to developing a successful long-term relationship withManchester & Trafford CCGs.
'We would also like to take this opportunity to provide our shareholders with an update on Totally Healthcare Limited, our specialist business targeting the market for insourcing of healthcare services. The business has made a solid start since its launch in October 2019, working with hospitals and trusts across the Republic of Ireland, Northern Ireland and England. To date, it has secured total revenues in excess of £750,000, treating hundreds of patients across a range of clinical specialties. Our team has demonstrated that it has the experience and skills to establish significant relationships and deliver excellent patient care, reflected in patient feedback.
'The Board is pleased with the Group's progress and we remain positive that Totally Healthcare is well-positioned to benefit from the developing market in which it operates. We look forward to providing further updates in due course.'
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 Henry Wilkinson |
Notes to Editors
Totally plc aims to become a leading out of hospital 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 £20bn 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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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About Health: Key new £8.4m contract in Manchester - RNS
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Totally plc published this content on 07 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 February 2020 10:07:01 UTC
