BUPA Profile

Company: 
BUPA
Author: 
Jane Lethbridge
Date published: 
2010

Owner:

BUPA

BUPA House

Bloomsbury Way

London WC1A 2BA

www.bupa.com

 

EWC: NO but ELIGIBLE

 

Total employees:  52,000 (worldwide)

 

Major European subsidiaries

 

Company

Ownership

Country

contact

Website

Employees

Sanitas – Spain

100%

Spain

c/via Augusta 13-15, 28042 Madrid

Tel: + 902 10 24 00

www.sanitas.es

 

5,285

BUPA UK Insurance

100%

UK

BUPA House

Bloomsbury Way

London WC1A 2BA

 

www.bupa.com

 

16,000+?

BUPA Care Services Ltd

100%

UK

 

 

1.1.1      Company outline and strategy

 

Care services have been BUPA’s largest area of expansion since the mid-1990s.  This sector has continued to grow, with increased acquisitions, not just in the UK but in Spain, Australia and New Zealand.

 

BUPA’s major European subsidiary is Sanitas, a Spanish health insurer and healthcare provider, which was incorporated into BUPA in 1989. In 2007, the Sanitas group acquired Sanitas Residencial, BUPA Group’s Spanish care home provider, bought the Euroresidencias’ care home and day centre portfolio from the Spanish company Saarema Inversiones.  This made Sanitas, the second largest provider of long term care in Spain.

 

In July 2007, BUPA sold its corporate childcare services to Emergency Child and Home Care.  The new company will be called The Family Care Company and will offer its clients emergency child and elder care; out of school care; on-site creche and nursery management; childcare search and selection services, and advice lines for employers and their employees. Previously, The Family Care Company concentrated on providing back-up and emergency childcare and elder care predominantly through a website service.   BUPA employees have transferred to the new company. [i]

 

In 2010, BUPA employs 52,000 employees  worldwide. Sanitas employs 5,295.  There are no specific figures given for the number of employees in the UK, in the most recent annual report, but out of a total of £56.5 million revenue from BUPA care homes in the UK, £30 million was spent on staff costs.

 

Revenues by segment

 

Revenues

2006

2007

2008

2009

UK & N.America

1,640.0

1807.5

2,069.3

2,131.4

EMEALA

1056.4

1,207.9

1,568.9

1,760.4

Asia Pacific

513.7

568.5

1,394.3

2,122.8

Care services

606.3

665.7

891.6

926.3

Hospitals

-

 

-

-

Other

12.7

3.7

2.9

0.6

Revenue from continuing operations

3827.2

4,250.1

5,923.9

6,941.4

Rev. From discontinued operations

420.6

295.3

-

-

Consolidated total revenues

4247.8

4,545.4

5,923.9

6,941.4

Source: BUPA Annual Report 2009:118


[i] BUPA (2007) Emergency Child and Home Care acquires Bupa Childcare  Press release 31 July 2007