Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
You are now subscribed
Your newsletter sign-up was successful
Want to add more newsletters?
Twice daily
MoneyWeek
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
Four times a week
Look After My Bills
Sign up to our free money-saving newsletter, filled with the latest news and expert advice to help you find the best tips and deals for managing your bills. Start saving today!
Outsourcing firm Capita has splashed out 20 million pounds on technology firm Clinical Solutions Holdings.
Capita said the acquisition added further expertise to its existing services for the NHS, which include everything from support services for health providers to finance and accounting.
Clinical Solutions made an operating profit for its financial year to 31 December 2011 of £6.5m on turnover of £24.2m.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Its technology includes software that reduces the cost of emergency care by directing non-urgent patients to local health support.
"This acquisition strengthens our ability to assist health services in driving down costs while providing quality patient care,' said Paul Pindar, Chief Executive of Capita.
"It also gives us a data centre that already delivers a high volume and high availability service to the NHS."
In April Capita raised £274m through 40m new ordinary shares so it could make further bolt-on acquisitions and pay down debt.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
How a ‘great view’ from your home can boost its value by 35%A house that comes with a picturesque backdrop could add tens of thousands of pounds to its asking price – but how does each region compare?
-
What is a care fees annuity and how much does it cost?How we will be cared for in our later years – and how much we are willing to pay for it – are conversations best had as early as possible. One option to cover the cost is a care fees annuity. We look at the pros and cons.
