Turnaround at Elysium drives earnings leap at Ramsay Health Care UK

Growth in admissions, higher acuity levels and a significant turnaround in its mental health business fuelled a 115% leap in EBIT at Ramsay Health Care’s UK business in H1, the Australian-owned business said today. Acute hospital admissions increased by 10% in the six months to 31 December 2023 against the prior corresponding period, helping drive revenue…