Record Q4 for PMI: Healthcode

11.8m invoices generated

Cameron Roberts
clock • 1 min read

Medical invoice clearing firm, Healthcode, reported that it processed three million invoices for private healthcare providers in Q4 2025.

The figure represents an increase of 5% on Q3 2025 and a 5% uptick year-on-year. The total number of private healthcare invoices processed for 2025 was 11.8m, up 4% compared to 2024. The invoices generated £7.5 billion in revenue for the sector, with the peak month for private healthcare being October 2025, with over one million invoices. According to Healthcode, hospital invoices were at a similar level year-on-year, however those from non-hospital sources saw a rise of 8% in Q4 2025. Orthopaedics was the busiest hospital specialty in Q4 with 198,000 invoices, followed by radiolog...

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

Perci Health launches virtual neuropathy clinic
PMI

Perci Health launches virtual neuropathy clinic

Secures CQC registration

Jaskeet Briah
clock 12 February 2026 • 2 min read
Medichecks acquires My Menopause Centre
PMI

Medichecks acquires My Menopause Centre

Expanding specialist hormone health services

Jaskeet Briah
clock 11 February 2026 • 2 min read
Cancer admissions rising most among 40-49-year-olds
PMI

Cancer admissions rising most among 40-49-year-olds

PHIN data

Jaskeet Briah
clock 06 February 2026 • 2 min read