PHL is headquartered in Hampshire and operates across the UK. Its CEO Ross Brand and his team have set the company on a strong growth trajectory and have ambitious plans for continued expansion. By combining high quality clinical services and governance with technological innovation, PHL plans to expand its delivery of outstanding care at the point it is needed across the country.
PHL’s investment in remote patient monitoring and ‘virtual wards’ positions it well to capitalise on the NHS’ recently announced goal to create 7,000 additional hospital beds this winter. PHL’s virtual ward service employs in-home sensor technology, analytics, and automated monitoring combined with oversight from a clinical team that is available 24/7 to respond to the patient’s health needs. The teams are supported by strong clinical governance and direct NHS integration which ensure patient safety.
The transaction was advised by Saffrey Champness LLP (financial), Latitude Consulting (commercial), FRP (corporate finance, debt advisory and pensions), Vista (insurance) and Harrison Clark Rickerbys (legal).
It has been a real pleasure to get to know the expert team at PHL, understanding the workings behind the business, and deepening our relationship with FRP Advisory. The business strategy and plans for the future of PHL are impressive, and we look forward to seeing them continue to grow
Dave Sherrington, Regional Head of Sales, ThinCats
Clive Hatchard, partner at FRP Corporate Finance, said: “This deal will help the business take its growth to the next level – unlocking capacity to take on more work, with more clients, particularly those in the NHS.
“We’re proud to have supported PHL before. These are times of huge pressure and opportunity for the UK’s healthcare sector, and PHL has proven itself as a trusted partner to public and private sector healthcare providers alike – with the expertise, skills and technology to help deliver consistently excellent service, at scale. We know the management team has the experience and ambition to help PHL fully realise its potential.”