St Andrew’s Healthcare in Northampton has reported a growth in income of 5.5 percent for 2012-13 with a turnover of £178 million.
The charity provides specialist NHS care and claims to be the largest provider of secure care in the country.
A spokesman for the charity said: “The results enable St Andrew’s to press on with a wide-ranging programme of hospital refurbishment, and a new build for adolescent care at its Northampton site.
“As a charity with access to other forms of funding, this expansion can be financed out of the surplus generated without need for any additional borrowing. It is one of the few independent providers with significant investment plans.”
Chief executive officer, Professor Philip Sugarman, said: “St Andrew’s is at the forefront of innovative, safe, high quality care, and we are the best performer in the sector on national quality standards for providing care, treatment and support which meets the needs of our patients, treats them with respect, and involves them in their care.
“Our secret as a national teaching hospital is to work in close partnership with the NHS, top universities and national policymakers to push forward the boundaries of excellence in specialist healthcare. I am proud of the work St Andrew’s does for so many people. Their care and recovery is our priority, and I am very happy that we continue to invest in our patients, our people and our facilities.”