Sunday, November 27, 2022
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Developing supply

Cutting the number of people with autism and learning disabilities in inpatient settings has proved difficult for government. Ellie Robinson examines some of the issues More than ten years after Winterbourne View, the government has unveiled its latest strategy to reduce the number of people with autism and learning disabilities...

A continuous evolution

ARCO has been around for a decade. Michael Voges explains the journey it is on In 2012, ten founding members – split evenly between not-for-profit and for-profit providers – came together to form ARCO, recognising they had more in common than divided them: the offer of providing independent accommodation, for...

External forces

The chancellor had little room for manoeuvre The last few weeks have been unprecedented, with several announcements which were later rescinded. The new chancellor is very committed to social care. During his time as chair of the health select committee, he was a significant voice in advocating for more...

Government allocates £200m for care workforce to support discharge

Local authorities will receive 40% of a £500m hospital discharge funding pot to help bolster the social care workforce over winter. Health and social care secretary Steve Barclay said the majority – £300m – would be given to integrated care boards (ICBs) to improve bed capacity. Allocations and payments will be made in the coming weeks, with a second tranche of funds handed out in January. ‘In line with our devolved and data-driven approach we will be allowing local areas to determine how we can speed up the discharge of patients...

Real living wage helps Brunelcare reduce reliance on agency

Recruitment and retention have improved at Brunelcare since it started paying the real living wage, helping the provider cut its reliance on agency staff. The operator, which became a real living wage employer in April, has a retention target of higher than 75%. However, this fell to 65.5% during 2021/22 from 72.4%, the year previous. Before April, 704 of its 1,100 employees were paid below the real living wage. However, since April the wage was £9.90, which has now risen to £10.90. ‘The need to improve the overall employment package has become...

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...

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 market with the £97.8m acquisition of six BMI hospitals at the beginning...

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 Circle. Most recently, he was group head of compliance and head of legal for Europe and the Americas region with a global port and logistics provider. Reporting to CEO Justin Ash, Budhdev...

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 but remained below pre-pandemic figures. Total expenditure increased by almost 32% to £14.2m resulting in a net deficit of £654,000 against a deficit of £907,000 the previous year. The charitable hospital, which...

Strong demand for hospital services boosts Nuffield

Nuffield Health has reported strong recovery across its hospital business with performance ahead of management expectations as demand increased across all payor groups. Hospital revenue was up almost 35% to £749m...

Assura delivers strong H1 but expects investment activity to slow

Focused operational activity delivered a strong set of financial results in H1 but the challenging economic environment is expected to curtail investment activity in the second-half, Assura plc said...

Chancellor signals bigger role for patient choice

Jeremy Hunt has signalled a bigger role for patient choice in the government’s attempts to drive down NHS waits and tackle the elective backlog. In his Autumn Statement, the Chancellor...

Sweden: ADDvise Group places SEK150m of bonds

ADDvise, a supplier of equipment to healthcare and research facilities, has placed SEK150m (US$14.5m) of senior secured bonds, launched off its existing senior secured bond framework. Total outstanding has now reached SEK650m. The transaction was significantly oversubscribed, according to the firm, and placed at a price of 100% of par. Bonds...

Norway: GE Healthcare increases API capacity

GE Healthcare’s Pharmaceutical Diagnostics business is investing US$80m to increase manufacturing capacity by 30 percent at its Active Pharmaceutical Ingredients (API) site in Lindesnes, Norway. The investment is part of GE Healthcare’s broader commitment to address future global demand for iodinated contrast media, used in Xray and Computed Tomography (CT) procedures to enhance visualization of organs, blood vessels and tissues across disease pathways. “We expect global demand for iodinated contrast media to double in the next 10 years, driven by global prevalence of chronic disorders and significant growth in CT...

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...

UK hotel launches cancer treatment partnership

The Aztec Hotel and Spa in Bristol, UK, part of the Daniel Thwaites Spa Group, is working alongside Amethyst Trust to create inclusive treatments for those with cancer. The spa will deliver specialist treatments for people with cancer and other life limiting conditions. People living with cancer need tailored treatments and are advised to avoid deep tissue massage. Cancer therapies can also lead to weakened bones and circulation, so specialist advice is needed to ensure all those having touch therapy are in trained hands. Amethyst is a charitable trust established to meet the...

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