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Civitas in discussions over further deals

Civitas Social Housing completed the purchase of three freehold properties comprising 25 tenancies for £3.9m during the last quarter, its trading update said. The investor is in active discussions over deals of existing and new build properties to be acquired at completion without the need for forward financing. It continues to perform...

Edwina Johnston to leave Choice Care

Choice Care chief executive Edwina Johnston plans to step down from her role at the end of the month. Johnston, who joined the specialist care...

Healthcare Homes completes registration of former Four Seasons properties

Healthcare Homes (Spring) Ltd has completed its registration of six former Four Seasons care homes. As reported in March, Four Seasons Health Care Group agreed...

Older people ignored in proposed planning revolution, says ARCO

Proposals to overhaul the country’s planning system and deliver high-quality, sustainable homes ‘entirely ignore’ the needs of older people, the body representing the retirement...

Triple Point completes £9.6m deal for 16 homes

Triple Point Social Housing REIT has completed a deal to buy 16 properties – comprising 70 units – for £9.6m. The properties, in the West Midlands (64 units), the East of England (four) and Yorkshire (two), are specialist homes for individuals with mental health and other support and care needs. They...

Care home bed numbers rise but ‘substantial investment’ needed, says report

The number of care home beds across the UK grew by 2,500 during the last financial year, as smaller outdated properties closed and were replaced by fewer but larger purpose-built settings. Existing properties also added beds to create more efficient and viable schemes, Knight Frank’s Healthcare Development Opportunities 2020 report...

CQC-style ratings pilot to hold government to account 

An independent evaluation system that will give ratings on the government’s progress against its pledges on health and social care targets is to be piloted. Dame Jane Dacre, professor of medical education at University College London and former president of the Royal College of Physicians, will chair a panel, which will evaluate specific policy areas, the Health and Social Care Committee has said. Two further experts will be recruited to the core membership, joined by up to six additional members, including service users, clinicians and policy experts or campaigners. The Care Quality...

Target Healthcare reports pick-up in admission activity among tenants

Admission activity is picking-up among tenants of Target Healthcare REIT, as confirmed or suspected cases of Covid-19 affecting residents continues to fall. Covid-related cases occupy less than 0.3% of the investor’s portfolio of beds, from the peak of 3.2% in mid-April. Its unaudited quarterly net asset value (NAV) update said admission activity was ‘now picking-up with tenants reporting an encouraging number of enquiries’. Practical completion of the group’s pre-let development site in Burscough, Lancashire, last month delivered an 80-bed care home. The property has been let to Athena Healthcare, an existing...

Increased volumes drive revenue growth at Genesis Cancer Care

Australian-owned cancer treatment network, Genesis Cancer Care, has reported a 40% leap in turnover to £56.7m for the year ended 30 June 2019 as it continued to ramp up activity at its existing centres. The company, which was previously Cancer Partners UK, said its chemotherapy and diagnostics business combined with...

Dealing with dentistry

UK dentistry was given the green light to resume on 8 June, but with PPE demands and strict hygiene measures in place that will drastically cut the number of patients that can be seen - practices look very different...

Fortius delivers strong results despite increased market competition

Fortius London Ltd, the London subsidiary of Fortius Group Limited, has said its full-year results for 2019 were encouraging against the backdrop of increasing competition in the market. The company, which operates two outpatient diagnostic and treatment centres (ODTCs) together with an ambulatory surgical centre in the capital, reported an 8% increase in turnover to £21.6m for the year ended...

HM meets… Steve Gray

Nuffield Health has been on many journeys over the last decade as it moved from being a hospital provider to a connected health and wellbeing business. Credited with accelerating its metamorphosis, CEO Steve Gray talks to Maria Davies about how the company has transformed over the last five years and how it has adapted during the last three months of...

View from the peak

With around 200 delegates attending each of the two days, LaingBuisson’s virtual Private Healthcare Summit was the largest gathering of key stakeholders in the sector since the UK Covid-19 lockdown began....

Looking back at lockdown

A new report published by IHPN examines how the sector has responded to the needs of the NHS during the first three months of the pandemic It’s difficult to talk...

Circle and BMI join with academic science network to deliver Covid-19 rehab sessions

Circle Health Rehabilitation and BMI Healthcare are working in collaboration with West Midlands Academic Science Network (WMAHSN) to deliver a series of online workshops for health professionals on managing...

US: Teladoc bets on telemedicine with US$18.5bn acquisition

Telehealth giant Teledoc Health is to acquire online chronic illness manager Livongo Health for US$18.5bn as it bets heavily that the enthusiasm for telemedicine since the outbreak of the Covid-19 pandemic will continue. “This merger firmly establishes Teladoc Health at the forefront of the next generation of healthcare,” said Jason...

Global: Lincoln International builds out healthcare team

Mid-market investment bank Lincoln International is to continue to build out its healthcare team with the addition of two new managing directors in the...

Hong Kong: Asia’s largest healthcare deal rockets on debut

Shares in TigerMed Consulting, the region’s largest healthcare deal of the year so far, rocketed on their debut in Hong Kong on Friday. The secondary listing of the China-based...

China: New Frontier Healthcare rearranges board

New Frontier Healthcare, the operator of United Family Healthcare (UFH), has rearranged the board following the resignation of Jeffrey Staples who has resigned as chief operations officer for personal...

Uzbekistan: ADB approves US$100m loan for diagnostics

The Asian Development Bank (ADB) has approved a US$100m loan to strengthen Uzbekistan’s resilience to public health emergencies by steadily improving testing, diagnosis, and the management of Covid-19 cases...

Hong Kong: Ali Health raises US$1.3bn in Hong Kong’s largest healthcare follow-on offering

Alibaba Health Information Technology has raised HK$10bn (US$1.3bn) in an upsized placement on the HKEX. It is Hong Kong's largest follow-on share sale for five years. It is also the...

Australia: Daniel Chan appointed chairman of Fullerton Health Australia

Managed healthcare provider Fullerton Health Australia has appointed Daniel Chan as the new chairman of its board. He started on 18 July and will direct the Australia leadership team, especially in the primary care division. “I am pleased that Dr Daniel Chan has been appointed as chairman of the Fullerton Health Australia board. As co-founder of Fullerton Health and respected...

France: Withings raises US$60m Series B funding

Connect health specialists Withings has completed its US$60m Series B funding to accelerate the development of the next generation of consumer health devices that bring medical grade and predictive capabilities into the home. The round was co-led by healthcare investment specialists Gilde Healthcare, and long-term Withings partners and investors, Idinvest Partners and Bpifrance through their large venture funds as well...

Belgium: Indigo Diabetes closes €38 m Series B funding

Medtech company Indigo Diabetes has closed its €38m (US$44.8m) Series B funding to help develop its glucose monitoring sensor for people with diabetes. The funding round was led by Fund+, with the participation of Ackermans & van Haaren, imec.xpand, Capricorn Digital Growth Fund, QBICII, Titan Baratto and the Series A investors. The company received strong support from the investors of the Series A capital round, led by Thuja Capital Healthcare Fund II, PMV and  Sensinnovat, with the participation of Powergraph, Qbic Arkiv Fund, Fidimec, Manuardeo and Capricorn ICT Arkiv, as they...

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