Covid caused a 42% fall in London PPUs’ income
PPU Watch
Compiled by Philip Housden
With 130 of the 141 acute NHS trusts having now published their 2020-21 Annual Reports and Accounts, the scale of the Covid-19 pandemic on private patient revenues is becoming clearer.
For several years, the top ten earning NHS trusts have all been in central London, and these have produced an increasing proportion of total NHS private patient incomes.
This reached a new high of more than 63.4% in 2019-20 when the total was £427.5m.
But, in the last year, a Housden Group analysis reveals the total for this central London top ten declined by 41.8% and £178.9m to a total of £248.6m.
Top earning trust, as expected, was The Royal Marsden with £102m, down 22.9% from £132.6m last year.
Moorfields best protected its private patient incomes, delivering the lowest fall, with a 21.1% reduction from £30.8m to £24.3m.
The biggest revenue loser was Royal Free, which declined 82.4% to earnings of only £3.6m, down £16.8m from £20.4m in the year to end of March 2020.
A full review of the NHS private patient market as reported in trusts’ 2020-21 annual accounts will feature in a future issue of Independent Practitioner Today.