Totally subsidiary secures £1.7m of new and renewed contracts
Totally confirmed on Friday that its wholly-owned subsidiary About Health Limited has secured a new contract and a number of extensions worth approximately £1.7m.
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The AIM traded out-of-hospital services provider said the bulk of the new contract value stems from an 18-month contract extension to provide community dermatology services for Preston, Chorley and South Ribble clinical commissioning group (CCG), with a total indicative value of £1.2m.
Furthermore, About Health secured a 12-month contract extension to provide the same dermatology services to West Hampshire CCG, with a total indicative value of £0.4m.
Richard Benson, managing director of About Health, said: "I am delighted that commissioners' confidence in our Dermatology Services has been reflected in these contract extensions. We continue our record of having never lost a contract we have been awarded."
Finally, the subsidiary secured a newly awarded one-year contract to provide referral management services to Harrogate CCG, with a total indicative value of £0.145m.
Wendy Lawrence, chief executive of Totally, said: "I am extremely pleased to be able to announce to the market the continued success of About Health. Its solid progress since we acquired the business is testament to its position as a market leader in community-based dermatology services and referral management services."
Totally shares were up 0.94% at 21.40p at 1614 BST.