Cromwell reports post-tax losses

Bupa-owned Medical Services International (MSI), which operates London’s Cromwell Hospital, has reported a 10% dip in operating profit to £1.4m despite a 12% surge in turnover.Revenue rose from £83.2m to £93.7m for the year ended 31 December 2013 but operating expenses increased by more than 13% to £92.4m. After interest paid and received and taxation,…