Patientline tries to cut debt27th June 2007
The hospital telephone and television company Patientline is in talks to restructure is £80m of debts. The news comes after it emerged that its losses rose from £24.7m in 2006 to £30.2m for the year to April 2007.
The company has faced criticism that it is overcharging for its services but is also set to be hit by a ruling that is seeing more hospitals permitting the use of mobile phones on sites. Patientline chairman Geoff White said discussions with its banks over the debt are now the firm’s top priority.
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Title: Patientline tries to cut debt
Author: Mark Nicholls
Article Id: 3273
Date Added: 27th Jun 2007