Healthcare And Wellbeing Payment Practices Report 2022

By PaymentCheckReports

UK Healthcare and Wellbeing Sector Leads the Way in Prompt Payments, But Some Big Names Lag Behind

The Numbers

  • 64 Healthcare & Wellbeing companies analysed
  • Average PaymentCheck Score: 64.6/100
  • UK average PaymentCheck Score: 50.0/100
  • Healthcare & Wellbeing average is 14.6 points above the UK average
  • Top payer: Motability Operations Limited - 99.4/100
  • Bottom payer: Bestway Pharmacy NDC Limited - 13.4/100
  • Highest regional average: London - 72.8/100 (16 companies)
  • Lowest regional average: Yorkshire and The Humber - 63.0/100 (3 companies)

What Stands Out

The Healthcare & Wellbeing sector demonstrably outperforms the UK average in payment practices, suggesting a greater commitment to timely supplier payments compared to other sectors. However, the disparity between the best and worst payers within the sector is stark, with several well-known names appearing at the bottom. This underlines how performance can vary wildly across an individual sector.

Best Payers

  1. MOTABILITY OPERATIONS LIMITED - 99.4/100
  2. PHYLLIS TUCKWELL MEMORIAL HOSPICE LIMITED - 96.8/100
  3. J C CARE LIMITED - 96.3/100
  4. FRAGRANCE OILS (INTERNATIONAL) LIMITED - 94/100
  5. FITTLEWORTH MEDICAL LIMITED - 92.3/100

Worst Payers

  1. BESTWAY PHARMACY NDC LIMITED - 13.4/100
  2. BOOTS MANAGEMENT SERVICES LIMITED - 27.2/100
  3. TEVA UK LIMITED - 30.9/100
  4. BOOTS INTERNATIONAL LIMITED - 32.63/100
  5. GILLETTE U.K. LIMITED - 32.7/100

Regional Patterns

London heads the regions at 72.8, likely reflecting the concentration of larger companies and stricter compliance standards. Yorkshire and The Humber's 63.0 average, based on a small sample size of just three companies, makes it harder to draw firm conclusions about the region's overall performance compared to London's 72.8.

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The sector's top payer, Motability Operations Limited, boasts a score of 99.4 – a hefty 86 points above Bestway Pharmacy NDC Limited's dismal 13.4.