East Yorkshire care provider City Health Care Partnership saw revenues and profits rise last year.
The Hull-headquartered organisation, which mainly delivers health care services under NHS and local authority contracts, hit revenues of £122.8m in the 2018/19 year, with pre-tax profits of £1.1m.
CHCP, which employs over 2,500 people in the region, saw profits fall the previous year, as the implementation of a major £27m contract to deliver health services in the East Riding of Yorkshire took its toll.
However, 12 months later, the organisation has bounced back, as directors said profits were “back to the levels reported in the past.”
The CHCP said in recently-filed accounts: “The large East Riding Community Contract the organisation mobilised in 2017/18 is now embedded into the organisation’s strategic and operational systems, and the mobilisation costs have since concluded.
“A number of the organisation’s contracts were market tested this financial year; Hull Sexual Health, Hull Community Eating Disorders and St Helens Integrated Wellbeing Service, all of which the organisation was successful in maintaining.
“The organisation was also successful in winning Hull Extended Access Service.”
In the 2018/19 year, revenues at CHCP rose from £116.5m to £122.8m.
Pre-tax profits were up from £551,854 to £1.1m, in what was a successful year for the provider.
CHCP provides more than 50 services across Hull and East Yorkshire.
They include urgent care – in towns including Beverley, Goole and Bridlington – sexual health, psychological wellbeing and dental.
The organisation is run under a “for better profit” model, where profits are invested into services.
Officially formed in 2010, CHCP is run independent of the NHS, but delivers services for both it and councils.
Speaking about its 2018/19 year, bosses said: “The organisation made the decision to let some contracts come to their natural conclusion, as they no longer fit with its vision for the future.
“In the immediate future, the organisation will be mobilising the contracts based on the NHS Long Term Plan…
“The majority of the organisation’s partners are public sector and the organisation’s unique corporate structure within its environment gives it the flexibility to drive change within the system.
“The organisation is seen as a key player within the local health economy, and with this comes development opportunities.”
The CHCP is the organisation behind Hull’s Jean Bishop Integrated Care Centre.
The centre – which celebrated a year since opening in July this year – is named after Hull’s famous ‘Bee Lady’ – a charity campaigner who has raised more than £125,000 for Age Concern.
