Private healthcare invoices slow in 2025: Healthcode

1.6% slowdown in Q3 2025

Cameron Roberts
clock • 1 min read

Clearing organisation, Healthcode, has released data showing that it processed 2.89 million private healthcare invoices in Q3 2025, up 2% year-on-year.

The figures do show a slowdown of private healthcare invoices in 2025, Q3 represented a 1.6% drop compared to Q2, which itself was down 0.7% on Q1, according to Healthcode. H1 of this year saw a 4% increase in total volume compared to 2024, according to Healthcode, however it warned that the growth rate has seen a significant slowdown compared to last year. Peter Connor, MD, Healthcode, said: "It was unrealistic to expect yet another year of double-digit growth in insured healthcare." The data showed that the total number of outpatient invoices was 2.62m, down 1.5% on Q2 but up 2.5...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on PMI

Cancer, mental health and MSK top RedArc referrals
PMI

Cancer, mental health and MSK top RedArc referrals

Represent 51% of the conditions over the past five years

Jaskeet Briah
clock 10 March 2026 • 2 min read
Young adults 'most open' to exploring private healthcare
PMI

Young adults 'most open' to exploring private healthcare

Younger adults 'redefining' what they expect from healthcare

Jaskeet Briah
clock 06 March 2026 • 2 min read
Private healthcare admissions hit record in Q3 2025
PMI

Private healthcare admissions hit record in Q3 2025

PMI paid admissions at a record level

Jaskeet Briah
clock 03 March 2026 • 2 min read