The company, which charges up to £60 for a single telephone call with a GP, raked in £25m revenue in the 2021 financial year.
Yet its records from last year say that a “severe shortage of GPs in the UK” has meant the firm’s “clinician capacity is currently insufficient to meet patient demand”. Bosses said they would not try to incentivise staff with additional pay rises because this would impact on Doctor Care Anywhere’s “cash generation”.
The Conservatives also accepted £28,000 worth of donations from Advinia Health Care Limited, which operates a network of 36 care homes across the UK.
The company has earned huge amounts of public money and boasted almost £96m in turnover in its latest financial accounts. From this, Advinia took more than £1.8m of pre-tax profits.
“Approximately 80% of group revenues came from state-funded Local Authorities and CCGs [clinical commissioning groups],” the company’s 2021 report says, adding that the taxpayer money “provide[s] the group steady, secure and timely cash inflows”.
But despite its healthy finances, Advinia’s founder and chairman, Dr Sanjeev Kanoria, recently called on Sunak to increase the government’s financial support to private care homes.
The Tories continued to accept donations from Advinia Health Care even after questions were raised about its finances. In 2019, the Guardian reported that the company had been placed under investigation by regulators over concerns about its cash flow and financial management. It was also claimed that bosses had refused to agree to an independent audit of its finances.
The true owners of Advinia Health Care remain unknown, thanks to the company’s financial structure. Records say the ultimate controlling party is the ‘Paraman Trust Settlement’, but there is no explanation of what this is, where it is located, or who is behind it. There is no trace of the Paraman Trust Settlement on the UK’s official company registry and little mention of it anywhere online.
Money donated by companies like Advinia Health Care comes on top extra cash that has been personally given by wealthy business tycoons in the health sector.
They include Dolar Popat, who has donated more than £188,000 in the past decade. Popat used to run a care home business and was appointed to the House of Lords in 2010.
John Nash is another former private healthcare tycoon who has donated to the Conservatives and been made a peer. Nash is the former chairman of Care UK, which operates 150 residential homes for elderly people.
Another firm, Babylon Healthcare, which provides GP consultations over the phone, also came under the spotlight recently amid reports that shareholders had donated to the former health secretary, Matt Hancock.
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