This piece will be updated regularly during the day. Patientline is termanly ill and our thoughts are with the company's 11,000 staff at this time. PT Editor
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Patientline's Senior Director Nick Winks was unconvincingly stating this morning on the BBC radio four programme that the company's latest £33 million loss is really not too bad, well nothing like a bit of positive thought on a wet Monday morning. As Peter Troy said on the BBC programme's email notice board : '' Patientline's failure is directly as a result of its failure to understand the needs of its customers''
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It is ominous that revenue per bedside terminal per day - one of the vital signs of life for Patientline - declined by 6.4% last year to only £1.62.
We really don’t see how Patientline can get out of this mess; the comany is in terminal decline. A view supported by the stock market, where Patientline’s sickly shares slipped another 1.125p to a low of 2.375p this morning.
We really don’t see how Patientline can get out of this mess; the comany is in terminal decline. A view supported by the stock market, where Patientline’s sickly shares slipped another 1.125p to a low of 2.375p this morning.
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