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CPI Capita Plc

14.60
1.26 (9.45%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Capita Plc LSE:CPI London Ordinary Share GB00B23K0M20 ORD 2 1/15P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.26 9.45% 14.60 14.52 14.78 15.46 13.30 13.60 17,735,367 16:35:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 2.81B -178.1M -0.1057 -1.38 244.93M

Capita PLC Capita secures 3-year extension to PCSE contract

07/06/2022 7:00am

UK Regulatory


 
TIDMCPI 
 
7 June 2022 
 
                    Capita secures three-year extension to 
 
                                PCSE contract 
 
Capita plc ('Capita') today announces it has secured a three-year extension 
with NHS England and NHS Improvement (NHSEI) to continue to fulfil the Primary 
Care Support England (PSCE) contract. 
 
The contract extension, which is worth £94m over three years and runs until 31 
August 2025, will see Capita continue to deliver digital, logistical and 
support services for all of England's primary care practitioners working in the 
NHS; this includes GPs, dentists, opticians and pharmacists. 
 
The extension builds on the existing PCSE contract which Capita secured in 
2015. Over the past seven years, Capita has invested significantly to ensure 
the delivery of complex digital transformation projects for NHSEI. Capita is 
now delivering these services more efficiently and at a lower cost to the 
client. 
 
The service improvements made by Capita have included standardising primary 
care processes nationally, and launching the PCSE Online platform, which has 
digitised many services critical to primary care practitioners' roles which 
were previously paper or desk-based. For example, through PCSE Online, 
practitioners can now efficiently order medical supplies, track medical 
records, access pension records and process payments. 
 
Since the start of the original contract, Capita has developed strong 
relationships with NHSEI and other stakeholders to enhance the PCSE service. 
The new contract extension also follows on from the role the business played in 
enabling England's primary care sector to adapt to and manage the impact of the 
Covid-19 pandemic. 
 
Over the next three years, Capita will continue to work closely with NHSEI and 
other stakeholders to find opportunities to further improve the service and 
maintain high standards of quality and delivery. 
 
Al Murray, Capita's CEO for Capita Public Service, said: "The extension of our 
contract with NHS England and NHS Improvement reflects our focus and commitment 
to continuing to improve and deliver for the organisation, as for all our 
clients and customers. 
 
"We are proud to have introduced a number of significant digital capabilities 
which have helped make the services we deliver for England's primary care 
practitioners more efficient. 
 
"This renewal reflects our ability to retain and continue to work with 
important clients and partners by successfully delivering for them." 
 
Notes to editors: 
 
The total IFRS 15 transaction price (order book) is £94m. As this extension is 
a pre-priced within the existing contract, the transaction value is already 
included in the orderbook. 
 
For more information, please contact: 
 
Investor enquiries 
 
Stuart Morgan 
 
Director of Investor Relations 
 
Tel: 07989 665484 
 
Email: IRteam@capita.co.uk 
 
Media enquiries 
 
Capita external communications 
 
Tel: 0207 654 2399 
 
Email: media@capita.co.uk 
 
About Capita 
 
Capita is a consulting, transformation and digital services business. Every day 
our 52,000 colleagues help millions of people, by delivering innovative 
solutions to transform and simplify the connections between government and 
citizens, businesses and customers. We partner with our clients and provide the 
insight and cutting-edge technologies that give time back, allowing them to 
focus on what they do best, and making people's lives easier and simpler. We 
operate across three divisions - Capita Public Service, Capita Experience and 
Capita Portfolio - in the UK, Europe, India and South Africa. 
 
Further information can be found at: http://www.capita.com 
 
ENDS 
 
 
 
END 
 
 

(END) Dow Jones Newswires

June 07, 2022 02:00 ET (06:00 GMT)

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