Totally PLC (AIM:TLY) shares rose over 6% on Wednesday morning as the frontline healthcare services provider revealed it has won a further new insourcing contract for the delivery of urology services for the Saolta University Health Care Group in Ireland.
The company said the additional contract, valued at around £1.5mln, will support an endoscopy waiting list initiative targeting the reduction of waiting lists through the delivery of diagnostic colonoscopy, gastroscopy and flexible sigmoidoscopy procedures between May 2023 and December 2023.
This further new contract follows the announcement earlier this month of a contract to deliver endoscopies (flexible cystoscopies) for the Saolta Group, valued at around £650,000. The Saolta Group provides acute and specialist hospital services to the West and North West of Ireland in six hospitals across seven sites in Galway, Mayo, Roscommon, Sligo, Leitrim, Donegal and adjoining counties.
In a statement, Wendy Lawrence, chief executive officer of Totally commented: "This further contract with the Saolta Group shows the significant opportunity for quality insourcing providers to help tackle this significant healthcare challenge."
Around 9.00am, Totally shares were up 6.1% at 21.50p.