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Spire reports £4.7m profits on back of long NHS waiting lists

Half-year results come as healthcare company expects to benefit from ‘unprecedented’ demand

The private hospital operator Spire Healthcare has returned to profit amid strong demand from self-paying patients who are coming to its hospitals because of long NHS waiting lists.

Spire, which runs 39 hospitals, made a pre-tax profit of £4.7m in the six months to June, against a loss of £231m a year earlier, which was caused by Covid-related costs. Revenues jumped nearly 40% to £558m, with record revenues from private patients who pay themselves, up almost 47% from pre-pandemic levels.

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