Serco in line for new NHS contract

Serco Group, the FTSE 100 international service company, has been selected as the preferred bidder for a new contract to provide community health services for NHS Suffolk.

The contract is expected to be worth £140m to Serco over the course of three years. It will be signed in the coming months and is due to start in the autumn.

Serco and its partners will provide a wide range of community health services which include community nursing speech and language therapy and community equipment services.

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Christopher Hyman, Chief Executive of Serco Group, said: "By bringing together best in class partners, we believe that we have created an integrated model of service delivery that empowers clinicians, puts the patient at the heart of the service and will make community health in Suffolk a truly exemplary service. This contract adds to our portfolio of services in the rapidly growing global health sector."

Despite the win the stock was down 0.18% to 546.50p.

NR