Three Shires reports rise in profits

Three Shires hospital has posted a 25.5% rise in operating profit despite sales dipping 3.8% to £12.6m. The 53-bed hospital, owned jointly by St Andrews and BMI Healthcare, reported operating profit of £746,757 for the year ended 31 March 2009 on the back of improved cost control, with cost of sales down to £7.6m from…