MEDICA GROUP PLC

Board/Management Information • Jan 26, 2021

National Storage Mechanism | Additional information

RNS Number : 8350M

Medica Group PLC

26 January 2021

26 January 2021

Medica Group Plc 

Appointment of Liberum as Joint Corporate Broker

Medica Group Plc (LSE: MGP, "Medica"), the UK and Ireland market leader in the provision of teleradiology services, announces it has appointed Liberum Capital Limited ("Liberum") as its joint corporate broker, with immediate effect. Liberum will work alongside Medica's existing corporate broker, Investec.

ENDS

For further information, please contact: 

Medica Group Stuart Quin, Chief Executive Officer Richard Jones, Chief Financial Officer	+44 (0)33 33 111 222
Investec Bank plc Sara Hale Daniel Adams	+44 (0)20 7597 5970
Liberum Bidhi Bhoma Euan Brown	+44 (0)20 3100 2000
FTI Consulting Victoria Foster Mitchell Robert Winder	+44 (0)20 3727 1000

About Medica Group PLC

Medica intends to lead the way in telemedicine and is the market leader in the UK and Ireland for the provision of teleradiology services, providing outsourced interpretation and reporting of MRI (magnetic resonance imaging), CT (computerised tomography), ultrasound and plain film (x-ray) images. In addition, Medica is the market leader for the provision of retinal diagnostic screening in Ireland where it also provides selective managed services in diagnostics to the public and private sectors

In the UK, Medica currently offers two primary services to hospital radiology departments:

· NightHawk, urgent reporting service, and

· Elective which includes routine cross-sectional reporting on MRI and CT scans, and routine plain film reporting on x-ray images.

Medica contracts with the largest pool of consultant radiologists in the UK and Ireland, performing remote access teleradiology across its customer base of more than 100 NHS Trusts in the UK, the Irish HSE, private hospital groups and diagnostic imaging companies. This enables the Company to offer a fast, responsive service both during the day and importantly supporting urgent out-of-hours reporting.

Medica has developed a bespoke, secure IT platform that provides market-leading linkage between a hospital's Radiology Information System (RIS) and consultant radiologists who contract with the Company. Direct RIS access ensures that where the wider patient medical history is available, it can be reviewed by the consultant as part of every report. For more information please visit www.medica.co.uk  

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