Totally PLC Vocare awarded contract extensions worth c. £4.1m (7718H)
March 15 2018 - 3:01AM
UK Regulatory
TIDMTLY
RNS Number : 7718H
Totally PLC
15 March 2018
15 March 2018
Totally plc
("Totally", "the Company" or the "Group")
Vocare awarded key contract extensions worth c. GBP4.1
million
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 secured a number of contract
extensions (the "Extensions") through its wholly owned subsidiary
Vocare Limited ("Vocare"), one of the UK's leading national
specialist providers of urgent care services. The Extensions are
worth a total of c.GBP4.1 million.
Vocare will continue to provide urgent care services to NHS
Sunderland CCG ("Sunderland CCG") via Bunny Hill, Washington and
Houghton Urgent Care Centres where each contract has been extended
for a further 7 months to 31 March 2019 for a total value of
GBP2.1m.
Vocare will also continue to provide urgent care services to NHS
East Leicestershire CCG through the East Leicestershire and Rutland
Urgent Care Centres. This contract has been extended for a further
12 months to 31 March 2019 to the value of GBP1.8m.
Finally, Vocare will continue to provide Out of Hours dental
triage services for the North of Tyne and Tees. These two contracts
have each been extended by a further 12 months for a combined value
of GBP181,000.
Wendy Lawrence, CEO of Totally said: "We are very pleased to
announce that Vocare has been retained as the provider for all of
the above contracts. The extension of these contracts demonstrates
the commissioners' continued confidence in Vocare's service
delivery in a number of regions across the UK. These contracts are
in line with the Company's objective of progressing our close
working relationships with commissioners, providing a high-quality
service to all patients and establishing a contract base within the
Vocare subsidiary that provides both high revenue visibility and
acceptable returns to the Group."
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
Liz Kirchner
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
This information is provided by RNS
The company news service from the London Stock Exchange
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