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VIDEO: The Care Home Show speaks to… 

In this episode Simon Parker, founder of care management consultancy SP&P, speaks to Care England chief executive Professor Martin Green, chair of both Hallmark Homes and Care England Avnish Goyal, and head of healthcare for Knight Frank Julian Evans. In this episode Simon and his guests talk about: The impact...

Challenging fee rates

It is imperative care providers understand the consequences of councils setting budgets based on inaccurate assumptions. John Wearing, partner at Anthony Collins Solicitors, explains The...

Scottish care home leader issues stark warning

The sector faces collapse if the necessary resources are not supplied to fight Covid-19, Scottish care home boss Robert Kilgour has said. He argued social...

CM meets… Max Shenkman

Five years on from its first investment in support living, Triple Point has helped unlock better outcomes for young adults and generate long-term sustainable...

Impact secures £50m credit facility

Real estate investment trust Impact Healthcare has signed a revolving credit facility worth £50m with HSBC. The bank facility is for an initial term of three years with an option to extend, subject to lender approval, for up to two years. Of the total, £34.5m can be immediately drawn down, and...

Covid-19: Employing staff in the care sector

Jo Moseley, a professional support lawyer in the employment team at Irwin Mitchell, explains the key issues providers need to be aware of in the current coronavirus pandemic. The impact of coronavirus on the UK is unprecedented. Freedoms that we take for granted have been curtailed and we have quickly...

Four Seasons care home deaths linked to Covid-19

Thirteen residents at a Four Seasons care home died over a period of seven days, possibly due to an outbreak of coronavirus, the operator has confirmed. The residents at Burlington Court Care Home in Glasgow had not been tested for Covid-19, as tests are only conducted on hospital admission. Two members of staff at the 90-bed home, which had access to personal protective equipment, have tested positive and are in separate hospitals receiving treatment. All the families of the deceased residents have been made aware of possible Covid-19 association, the operator said. A...

InProgress: Elysian Residences; Housing 21; HC-One; HBV; Ideal Carehomes

This month’s InProgress features new developments from Elysian Residences, Housing 21, HC-One, HBV and Ideal Carehomes Elysian Residences Elysian Residences has opened its latest retirement village, the Landsby, in Stanmore, London. The development was designed by London architect Collado Collins and provides 101 one-and two-bedroom private apartments including ten penthouses on the two uppermost floors. The property includes a range of facilities such as a library, restaurant, community events space, beauty salon and treatment room and a rooftop gym. Gavin Stein, Elysian Residences chief executive officer, said: ‘The Landsby was designed to reimagine the...

Medica reports double digit growth but Covid-19 outbreak impacts short-term prospects

Medica Group has said it is confident it can face down the challenges presented by the Covid-19 outbreak after announcing another year of double-digit revenue growth. The London-listed teleradiology company reported a 19.4% jump in revenue to £46.5m for the year ended 31 December 2019 driven by strong performance from...

Private hospitals in Wales will treat NHS patients during Covid-19 outbreak

NHS Wales has reached agreements with private hospitals to turn over their capacity to the NHS during the Covid-19 outbreak. Nuffield Health said it was making its Cardiff Bay and Vale Hospitals available to NHS patients requiring 'time sensitive surgery in a low...

Historic Collaboration

Working hand in (thoroughly washed) hand – how the independent sector is supporting the NHS in battling the coronavirus pandemic  With last December’s election ushering in a solid majority government for the first time in almost a decade and a £32bn funding settlement for the NHS until 2024, most in the health world were looking forward to 2020 as a...

Coronavirus and the new world order

Tim Read, director, UK and Europe Advisory Services at Marwood Group, looks at the unprecedented events of the last two weeks and asks whether the historic collaboration between the NHS and private hospitals could change the relationship between the public and private sectors It is quite remarkable how quickly certainties can be overhauled when the events demand it. On the...

PHIN relaxes reporting requirements during Covid-19 outbreak

The Private Healthcare Information Network (PHIN) and the Competition and Markets Authority (CMA) have agreed to relax reporting requirements for hospitals and clinics carrying out private patient work during...

Covid-19: beyond the current crisis

Our lives have been transformed by Covid-19, and in the short term, they will change still yet.  But what will happen after this pandemic is over?  Will life go...

Assura making good progress but preparing for Covid-19 to delay pipeline

Assura has said it is continuing to progress its acquisition and development opportunities in the face of the Covid-19 outbreak, but is preparing for delays to on-site developments and...

Singapore: Fullerton redeems perpetual bonds

Singapore-based managed healthcare provider Fullerton Health has fully redeemed its US$175m 7% perps at the first call date. It flagged up its intention to do in mid-February. “Our ability to combine internal and external resources to redeem the perpetual securities underlines the trust placed in the operational and financial strength of...

France: France Biotech launches healthcare fund

HealthTech For Care, a new patient-centred endowment fund, has been launched by France Biotech to accelerate patient access to healthcare solutions and contribute to...

Africa: African Development Bank invests US$10m in RHAF1

African Development Bank (the Bank) has approved a US$10m equity investment in Razorite Healthcare Africa Fund 1 (RHAF1) to help improve healthcare infrastructure delivery across the continent. The 10-year fund...

Assura fundraise will support new developments during Covid-19 outbreak

Assura has raised £185m through the successful placing of over 240 million new ordinary shares in a bid to deliver new primary care developments through the Covid-19 outbreak. The 77p...

India: MedGenome raises US$55m Series D funding

MedGenome, the largest provider of genomic solutions for populations in South Asia and emerging markets, has raised US$55m Series D funding led by LeapFrog Investments. Existing investors Sofina and...

New Zealand: Proposals to restructure Vital Healthcare knocked back

Plans to restructure New Zealand’s Vital Healthcare Property Trust, to facilitate an ASX foreign exempt listing have been knocked back. At a meeting on 2 April, although 66.2% voted in...

Netherlands: Gilde Healthcare V closes at €416m

European specialist investor Gilde Healthcare has announced the first and final close of Gilde Healthcare V, a €416m (US$450m) venture and growth capital fund. The new fund, which was oversubscribed, targets growth opportunities in a broad range of healthcare sectors including digital health, medtech and therapeutics both in Europe and North America. Gilde said that the fund will have special attention...

Israel: OrthoSpin raises US$5m Series B

OrthoSpin, a portfolio company of The Trendlines Group, has raised US$5m in Series B funding led by Johnson & Johnson Innovation (JJDC) and Trendlines. Founded in December 2014, OrthoSpin has developed a robotic, digitally enabled external fixation system for orthopaedic treatments. It claims to change the outcomes of various orthopaedic treatments, such as bone lengthening, setting complex fractures, and correcting...

UAE: Debt woes continue to pile up for NMC

The fall-out from the debt woes of troubled private health provider NMC Health continues to shake markets after it announced that its debt had tripled to US$6.6bn. Over the weekend a number of institutions revealed their exposure to the troubled private health provider. Abu Dhabi Commercial Bank (ADCB) said that it had US$981m exposure to the company in the form of loans while Dubai Islamic Bank is owed US$541m, also in the form of loans. In trading on Sunday, 5 April, shares in ADCB slipped 0.25%. Markets took a measured approach...

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