TIDMTLY
RNS Number : 1653X
Totally PLC
22 November 2017
The information contained within this Announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon
publication of this Announcement, this information is now
considered to be in the public domain.
22 November 2017
Totally plc
("Totally", "the Company" or the "Group")
Key contract extension in Vale of York
Totally plc (AIM:TLY), the provider of a range of
out-of-hospital services to the healthcare sector in the UK, is
pleased to announce that it has been awarded in principle a two
year contract extension to 31 March 2020 ("the Contract") with NHS
Vale of York Clinical Commissioning Group ("the CCG") through its
subsidiary Vocare Limited ("Vocare"), one of the leading providers
of integrated urgent care services in the UK.
The final contract value is expected to be worth approximately
GBP3m per annum. Under the Contract, which will become effective 1
April 2018, Vocare will continue to provide GP Out-of-Hours
services to the CCG.
The contract extension further endorses the quality of care
provided by Vocare in the region and follows the recent publication
of four reports by the Care Quality Commission (CQC) which, the
Company is pleased to announce, rated Vocare's services as good in
all areas assessed.
Commenting on the contract extension Wendy Lawrence, CEO of
Totally, said: "I am thrilled to be updating the market with the
good news of our first contract extension since we completed the
acquisition of Vocare last month. Over the last few weeks we have
devoted all of our efforts to the integration of Vocare into the
enlarged group.
"This key contract extension emphasises the continued confidence
of the CCG in Vocare's ability to consistently deliver GP
Out-of-Hours services. I am delighted with the results of the
recent CQC reports, which not only demonstrate the high standard of
care and quality that Vocare offers in the region but also, reflect
the hard work undertaken by the local team.
"GP Out-of-Hours services are a vital part of a broader
integrated urgent care offering and I am pleased that the NHS
recognises the importance of a collaborative approach to address
the rising pressure on emergency care services. As one of the
leading providers of urgent care services in the UK, Vocare is well
placed to benefit from this trend.
"I look forward to updating the market further on the progress
of the Group as we work to fully integrate Vocare and continue
towards our vision of becoming the leading provider of
out-of-hospital care in the UK."
ENDS
For further information please contact:
020 3866
Totally plc 3335
Wendy Lawrence, Chief Executive
Bob Holt, Chairman
Allenby Capital Limited (Nominated 020 3328
Adviser & Joint Corporate Broker) 5656
Nick Athanas
Virginia Bull
James Thomas
Cenkos Securities plc (Joint Corporate 020 7397
Broker) 8900
Alex Aylen - Sales
Bobbie Hilliam - Corporate Finance
0776 932
Yellow Jersey PR 5254
Georgia Colkin
Joe Burgess
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
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 raised GBP18 million in February 2017 to
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 in 2017 and beyond. In October 2017, the Company
completed its proposed acquisition of Vocare Limited, a UK urgent
care specialist providing services to 9.2 million patients per
year, for up to GBP11.0 million.
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
Totally Health - clinical health coaching via B2B model to the
NHS and the private sector as well as D2C health coaching to
individuals and families
A wholly owned subsidiary of Totally plc, provides an innovative
model of medically driven, and personalised Clinical Health
Coaching to educate patients and give them confidence to
self-manage their conditions. The service supports the management
of long term conditions in patients such as chronic obstructive
pulmonary disease (COPD), diabetes and wider wellness issues such
as smoking cessation and obesity management.
www.totallyhealth.com
www.myclinicalcoach.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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