Mental Health And Psychology Payment Practices Report 2022
UK Mental Health Sector Pays Suppliers Well Above Average, But Huge Disparities Exist
The Numbers
- Companies analyzed: 4
- Average PaymentCheck Score: 71.9/100
- UK average: 50.0/100 (Mental Health And Psychology is 21.9 points above)
- Top score: 96.6/100 (WE ARE WITH YOU)
- Bottom score: 33.9/100 (DOW SILICONES UK LIMITED)
- London average: 85.8/100 (2 companies)
- Yorkshire and The Humber average: 82.1/100 (1 company)
- Wales average: 33.9/100 (1 company)
What Stands Out
The average payment performance in the UK mental health and psychology sector is significantly better than the national average. However, with only four companies analyzed, the data paints a potentially skewed picture; the high average masks a wide range of payment behaviors, as evidenced by a spread of over 60 points between the best and worst payer. With such a small data set the regional breakdowns, while directionally informative, may be less statistically significant.
Best Payers
- WE ARE WITH YOU - 96.6/100
- LOCALA COMMUNITY PARTNERSHIPS C.I.C. - 82.1/100
- OPTIMA HEALTH UK LIMITED - 74.9/100
Worst Payers
- DOW SILICONES UK LIMITED - 33.9/100
- OPTIMA HEALTH UK LIMITED - 74.9/100
- LOCALA COMMUNITY PARTNERSHIPS C.I.C. - 82.1/100
Regional Patterns
London-based companies, with an average PaymentCheck Score of 85.8, outperformed the rest of the UK in this limited data set, while the single company in Wales pulled the average down, scoring just 33.9/100. It's important to consider sample size, as one exceptionally bad payer in Wales significantly impacts the regional average.
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Despite an average PaymentCheck Score of 71.9/100, the sector's dependence on only four analysed businesses should caution against sweeping generalisations.