‘Good growth’ for Allied Healthcare
Healthcare recruiter Allied Healthcare International has recorded ‘good growth’ in its financial results for its third quarter to June.
Healthcare recruiter Allied Healthcare International has recorded ‘good growth’ in its financial results for its third quarter to June.
Revenues were $63.1m (£37.5m), while gross profit was $19.2m.
Sandy Young, chief executive of Allied Healthcare, says: “We continue to see good growth in our homecare business, which now represents almost 84% of our business.
“The revenue growth in the quarter of 17.3% was particularly pleasing and was ahead of the 10- 15% growth range that we have recently been operating within. Our Continuing Care continues to grow strongly and accounts for over 15% of the revenues of this business.
“Continuing Care has benefitted from the restructuring we carried out earlier this year. We have low penetration in this market and our proposition of providing homecare with a lower level medical requirement via support staff under nurse supervision is popular with hospital trusts.”
