One Health Share Discussion Threads

[robsy2] 07/1/2025 07:21

The new initiatives from government bode well for us and validate the idea of building hubs.From Panmure today;

One Health: It’s almost as if the Government has used One Health’s business plan as a blueprint for reducing waiting lists and we see yesterday’s news as very positive for One Health. One Health successfully bridges the NHS and Independent sector and it has a proven model for reducing waiting lists, using patient choice to drive demand, NHS consultants to provide the surgery and leveraging spare independent sector capacity. It’s planned surgical hubs will provide further additionality. There are plenty of positives including comments about the ICB’s putting in place longer term supply contracts which will help further increase revenue visibility (albeit that One Health already has five year agreements with two of its largest customers); potential increases to Gynaecology tariffs will also help (around 14% of One Health’s procedures); making Patient Choice available on the NHS App will increase demand with One Health using Patient Choice as its main way to access patients and; the fact that One Health’s model lends itself to rapidly increasing local capacity which given the ICB wide 5pp 18 week 2026 waiting list improvement target, will be highly attractive ICBs.

[robsy2] 20/12/2024 11:18

Seem to be doing well enough, but the 2024 accounts had material errors in them.

These errors make the comparatives look particularly favourable with the extensive miscalculations of profitablity in last years accounts resulting in Profit before tax in FY2024 coming in a restated 1,087,491, instead of previously declared 1,477,588.

I hope the surgeons they employ are better than the accountants and auditors.

[robsy2] 03/7/2024 06:29

FY results excellent.
The first operating hub is expected to come on stream in 2026 financial year. Should be able to generate 6m GBP a year in a hub at a 33% net margin, a lot better than the current 18% margin using private hospitals.

[robsy2] 29/4/2024 07:28

a very encouraging trading update . They are nearly hitting FY25 projections in FY24 and the cash generation is strong,this coupled with the firmer 5 year contracts means they probably now have the confidence and the cash to get on and build an in-house surgical hub which will help deliver higher margins.
The spread makes the stock pretty much untradeable though.I bought a few more at 200p this morning,the bid price remains at 170p.

[madbadad] 16/2/2024 13:15

Update on DirectorsTalk this morning

[robsy2] 02/11/2023 11:13

I was quoted a buying price of 180p for 5000 GBP's worth....
I can pick up stock at 159p in 1000 GBP lots.

[robsy2] 23/10/2023 06:14

Positive trading update this morning showing progress on all fronts.
As they say;
‘We look forward to the future with confidence, as our business model for providing surgical care, free at the point of delivery, becomes more widely recognised for helping to reduce the pressure of waiting lists on the NHS supported by the ongoing national media campaign to promote Patient Choice."

[robsy2] 20/10/2023 10:35

Not a lot of stock around. No quote for a 2000 quid buy....

[robsy2] 20/10/2023 10:34

This looks pretty good to me. I’ve checked out the info in the admission document and it reads well. The plan for the company looks like a good one. Thye can plod on well enough as they are but the big idea is to build their own hubs so they have their own operating theatres and make themselves more profitable.

If they build these hubs and get them working well then this could be a very successful company and well worth investing in , if there is any stock available. I say that, because the stock is very closely held by the founder , directors etc with not much of it being traded .

They identify the 3 key factors for success are there , 1) lots of patients , 2) plenty of surgeons and 3) spare capacity in hospitals to do the ops . Of the three, it is the third one that is a the restrictive factor, hence the need for the hubs to get control over the operating theatres, do more procedures and really spike up the profit margins per procedure from 18% to 50%.

[robsy2] 20/10/2023 10:32

SUMMARY
One Health Group Plc is a provider of medical procedures, focused largely across four specialties being: Orthopaedics, Spinal Surgery, General Surgery and Gynaecology. The company engages over 100 NHS Consultants who sub-specialise in the various surgeries offered by the Group, or the provision of anaesthetic support, through a growing network of community-based outreach clinics and surgical operating locations.

They floated on AQS late 2022 and have reported decent progress since.

The company posts up the latest research reports as RNS's - they are worth a look.

They identify the 3 key factors for success are there , 1) lots of patients , 2) plenty of surgeons and 3) spare capacity in hospitals to do the ops . Of the three, it is the third one that is a the restrictive factor, hence the need for the hubs to get control over the operating theatres, do more procedures and really spike up the profit margins per procedure from 18% to 30%. Each hub costs 7million and could do around 1500 operations a year and generate 6m revenue and 2m profit annually. The plan is to build one in FY to 31-03-25 and another in FY 26, using own cash, debt and leasing and if required an equity raise to make up any shortfall

It looks like a steady earner with decent growth potential but also with something transformational within their reach.

Perfect