15 March 2018
Totally plc
("Totally", "the Company" or the "Group")
Vocare awarded key contract extensions worth c. £4.1 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.£4.1 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 £2.1m.
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 £1.8m.
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 £181,000.
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:
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 Virginia Bull Liz Kirchner |
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Cenkos Securities plc (Joint Corporate Broker) |
020 7397 8900 |
Alex Aylen - Sales Bobbie Hilliam - Corporate Finance |
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Yellow Jersey PR |
0776 932 5254 |
Georgia Colkin Joe Burgess |
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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 raised £18 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 £11.0 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
