One of the UK’s leading medical supply companies is celebrating after winning two awards at the prestigious South Wales Business Awards.
Talbot Green-based Hospital Innovations was named South Wales Business of the Decade and Technological and Innovative Business of the Year for the third time.
Founded in 2008 by Phil Davies, Hospital Innovations is a forerunner in the supply of specialist products for use in orthopaedic, surgical and corrective procedures. In less than 10 years, the company has expanded from two employees to 41 and this year reached an annual turnover of £8million.
The company was recognised for its innovative business approach, the quality of the products it brings to market and the way that it develops its staff, some of whom have been with the company since the beginning and will shortly be receiving awards for 10 years of service.
Hospital Innovations’ Managing Director Phil Davies, said:
“We’re extremely pleased to have won these awards which are testament to the hard work we have put in over the past decade.
“As a business we are unique in Wales and within our own business sector, the products we supply and our innovative approach to business set us apart from other companies. We put our customers at the heart of all our business practices which has stood us in good stead and has seen our client base grow from zero to 600 customers.”
Hospital Innovations is the largest private supplier of orthopaedic allograft tissue in the UK and has recently expanded into a new purpose-built office and distribution centre in Talbot Green, near Cardiff, allowing them to supply a wider range of products and greatly increase the savings that a hospital can achieve when working with an efficient streamlined company.
The company is Human Tissue Authority (HTA) licensed, working with three of the world’s largest tissue banks. The innovative Tissue Returns Policy the company instigated in 2011 has saved the NHS £3million in six years.