Healthcare And Wellbeing Payment Practices Report 2023

By PaymentCheckReports

UK Healthcare and Wellbeing Sector Pays Suppliers Well, But Wide Disparities Exist

The Numbers

  • Companies Analyzed: 65
  • Average PaymentCheck Score: 65.5/100
  • UK Average (all sectors): 50.0/100
  • Difference vs. UK Average: +15.5 points
  • Top Payer: Motability Operations Limited (99.4/100)
  • Bottom Payer: Galderma (U.K.) Limited (19.2/100)
  • Region with Highest Average: West Midlands (75.9/100, 2 companies)
  • Region with Lowest Average: East of England (67.3/100, 6 companies)

What Stands Out

The Healthcare and Wellbeing sector outperforms the UK average for payment practices by a significant 15.5 points, suggesting a generally responsible approach to supplier payments. However, the gap between the best and worst payers – a massive 80.2 points between Motability Operations and Galderma – highlights a substantial inconsistency within the sector.

Best Payers

  1. MOTABILITY OPERATIONS LIMITED - 99.4/100
  2. PARTNERSHIPS IN CARE SCOTLAND LIMITED - 97.6/100
  3. THE BODY SHOP INTERNATIONAL LIMITED - 96.6/100
  4. PHYLLIS TUCKWELL MEMORIAL HOSPICE LIMITED - 95.9/100
  5. OASIS DENTAL CARE LIMITED - 94.5/100

Worst Payers

  1. GALDERMA (U.K.) LIMITED - 19.2/100
  2. BOOTS MANAGEMENT SERVICES LIMITED - 24.05/100
  3. CULT BEAUTY LIMITED - 27.9/100
  4. VIIV HEALTHCARE TRADING SERVICES UK LIMITED - 28.9/100
  5. TEVA UK LIMITED - 31.3/100

Regional Patterns

Regional differences, while present, aren't particularly pronounced; even the highest-performing West Midlands (75.9/100) is only 8.6 points above the sector average, though we should acknowledge this is only based on 2 companies. It's fair to say that geographic location is not a strong indicator of payment practices within this sector.

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Despite a sector average of 65.5, the stark 80.2-point difference between the best and worst payers should prompt suppliers to carefully vet potential clients in the Healthcare and Wellbeing space.