Wednesday, November 30, 2022
Advertisement

Occupancy recovery at Greensleeves helps boost revenue and EBITDAR

Occupancy levels across care homes operated by Greensleeves Homes Trust have continued to improve, with most homes approaching pre-Covid levels. The provider entered the financial year ending 31 March 2022 with occupancy below its budgeted levels, posting it at 79.5%, following the second wave of the pandemic in winter 2020....

Care Workers’ Charity appoints Martin Jones as chair of trustees

The Care Workers’ Charity (CWC) has appointed UK and international chief executive of Home Instead Martin Jones as its chair, replacing Ben Allen who is leaving the role after almost six years. Jones has been a trustee of CWC for five years and is also a member of its finance...

Optimo Care Group continues growth strategy with My Life Choice deal

Optimo Care Group has acquired Colchester-based complex care provider My Life Choice Ltd. Established in 2018 by Jane Lever-Byford and Stephanie Issacson, My Life Choice provides care services specialising in supporting younger adults with autism and complex care needs. It employs more than 50 members of staff, all of whom...

Richard Booth joins Downing’s capital solutions team

Downing LLP has appointed Richard Booth as a fund manager in its capital solutions team. With over 20 years of investment experience, Booth will add further strategic and transactional support to the team. He previously spent 10 years at M&G working as a fund manager and director, focusing on fixed-income opportunities. During his time at M&G, he helped build a real estate platform in Dublin, Ireland, which attracted over €1bn of institutional capital and invested in complex residential and commercial projects. Before M&G, he spent 10 years at KPMG. The capital solutions...

Adlington Retirement Living to open Lancashire community

Adlington Retirement Living plans to open its The Sidings development in Lytham, Lancashire, this week, offering 65 one-, two- and three-bedroom apartments. All apartments include fully fitted kitchens with integrated appliances. Many feature en-suite shower rooms as well as separate bathrooms, and most have a patio area or walk-out balconies overlooking gardens. Facilities in the development include a cafe, restaurant and homeowners’ lounge, a hair salon, therapy suite, activities studio and cinema room, as well as a guest suite for visiting friends and family. A 24-hour on-site team will support homeowners and,...

Spending on private dentistry likely to drive market growth over next three years

The value of the UK ‘High Street’ dentistry market shrunk to £8.3bn in 2020/21 as it was impacted by the Covid-19 pandemic, according to research published today by LaingBuisson. This represents a decrease of 10% in real terms (after taking account of CPI) on the previous year. The figures, published...

MidEuropa takes major stake in Optegra

Private equity firm MidEuropa has acquired a majority stake in Optegra. Financial details of the transaction have not been disclosed, but MidEuropa is investing alongside Optegra’s management team and existing investor H2 Equity Partners, which acquired the pan-European ophthalmology business...

HM meets…Justin Ash

The latest evolution of Spire Healthcare’s strategy will see the UK’s second largest private hospital group expand into outpatients and GP services with plans to build ten new clinics. Maria Davies talks to CEO Justin Ash about the rationale behind the move and why he believes healthcare providers can’t afford not to invest in the future despite the uncertain...

HMT reports deficit as costs wipe out sharp rise in income

Charitable hospital and care home provider The Healthcare Management Trust (HMT) has said a sharp increase in income in FY 2021 was offset by rising costs as it continued to feel the impact of the Covid-19 pandemic. The charity, which operates St Hughes Hospital in Grimsby and Sancta Maria in Swansea as well as a number of care homes, reported a 33%...

NorthWest REIT announces £500m UK joint venture

Canadian NorthWest Healthcare Properties Real Estate Investment Trust (NorthWest REIT) has announced the formation of a new joint venture targeting UK healthcare real estate. The Toronto-based company, which entered the UK...

Spire appoints group general counsel

Spire Healthcare has appointed Mantraraj Budhdev as group general counsel. Budhdev brings 15 years’ of global experience from a range of industries, including the financial services sector and the Magic...

Covid puts Fairfield in ‘vulnerable’ financial position

Fairfield Independent Hospital has said its financial position remained ‘vulnerable’ in FY 2021 as the Covid-19 pandemic continued to restrict activity. Total income was up 37% on 2020 to £13.6m...

Sweden: Calmark streamlines organization to focus on sales

Calmark, a medical technology company that manufactures and markets a point-of-care (POC) analysis method with easier and faster diagnostics of medical conditions in newborn children, has initiated measures to streamline the internal organization in favour of prioritizing sales of the company's fully developed products. It has reduced the size of...

Financing round-up: FundaMental Pharma, Deep Optics, YonaLink, Cradle, CatalYm

Germany: FundaMental Pharma, a preclinical neuroscience company spun out of Heidelberg University, has raised a €10m (US$10m) Seed investment, co-led by BioGeneration Ventures (BGV) and Thuja Capital. FundaMental is built on the pioneering research of Professor Hilmar Bading and Dr Jing Yan, that identified first-in-class small molecule inhibitors for treatment of a range of neurodegenerative diseases such as Amyotrophic Lateral Sclerosis (ALS) and Huntington’s Disease. FundaMental’s approach relies on separating the normal neuroprotective effect of synaptic glutamate from its neurotoxic extra-synaptic actions which are eliminated by the inhibitors. “I am convinced...

How Canadians see medical tourism

Canada is often seen as a country supplying medical tourists, but it’s risky to assume it’s a target country with huge potential. A recent survey may help explain why, says Ian Youngman. Unlike other democratic countries, Canada does not freely allow private healthcare or full private health insurance, although confusingly...

Turkey improves medical tourism regulation

Turkey has taken several steps to ensure that health tourism services are properly regulated, with oversight from public officials. This should allow patients to trust the health tourism service providers they deal with. This also means that the barrier for initial entry into health tourism market in Turkey is going to be higher, since a new business will need to satisfy the criteria and obtain the relevant licenses required by the state in order to legally conduct health tourism services. Medical services and health tourism related issues are tightly regulated...

Subscription Price List

CareMarkets

£ 749.00
Hard Copy Print + Digital PDF
  • Annual subscription
  • 10 issues per year
  • Full access to the online archive

HealthcareMarkets

£ 749.00
Hard Copy Print + Digital PDF
  • Annual subscription
  • 10 issues per year
  • Full access to the online archive

HealthcareMarkets international

£ 749.00
Digital PDF + Subscription to IMTJ
  • Annual subscription
  • 10 issues per year
  • Full access to the online archive

CareMarkets

£ 499.00
Hard Copy Print
  • Annual subscription
  • 10 issues per year
  • Full access to the online archive

HealthcareMarkets

£ 499.00
Hard Copy Print
  • Annual subscription
  • 10 issues per year
  • Full access to the online archive

Multi Subscriptions

from £749
Subscribe to 2 or 3 journals
  • CM + HM
  • CM + HMi
  • HM + HMi
  • CM + HM + HMi