Spire Healthcare wins Transformation of the Year Award

27 March 2023

Spire Healthcare, the largest independent hospital group by turnover in England, Wales and Scotland, is delighted to have won the Transformation of the Year Award, at the plc awards 2022.

The plc awards are designed to allow all UK publicly quoted companies, of whatever size, the chance to be rewarded and recognised for their successes and achievements.

The Transformation Award recognises companies that have transformed their performance and long-term prospects for the better, through strategic, operational and/or financial change. The voting panel looked for “companies whose long-term prospects have been transformed, with the accent on sustainable improvements in customer satisfaction, profitability, cash flow, return on capital, balance sheet strength/efficiency and organic growth prospects.”

The organisers of the awards noted; “Spire Healthcare delivered a very strong performance, with outstanding growth in private revenues. The group experienced unprecedented growth in self-pay, signalling a seismic shift for the business and the wider market. Spire Healthcare responded by implementing a true business-to-consumer proposition and investing further in marketing to meet the elevated demand, whilst creating excellent opportunities for margin expansion.”

Spire Healthcare receiving award

Jitesh Sodha, Chief Financial Officer at Spire Healthcare, collected the award from the host of the night, broadcaster Louise Minchin. He said: "I am delighted to have collected the Transformation of the Year Award on behalf of all Spire colleagues. Our corporate values and our commitment to delivering the highest levels of patient safety are key to our Purpose of making a positive difference to people’s lives through outstanding personalised care. This award is recognition of the excellent work the Spire team has done on patient care and patient satisfaction alongside financial and balance sheet improvement over the past five years – congratulations!”