Saturday, September 21, 2019

Independent. Intelligent. Insightful.

Unregistered provider fined

The owner of a domiciliary care business has been ordered to pay almost £9,000 after she was found to be operating illegally.    Florica Jordan, who ran Cheshunt Care in Cheshunt, Hertfordshire, was fined £1,250 at Luton Magistrates’ Court. She was also ordered to pay a £125 victim surcharge...

More than 330,000 forced to sell homes to pay for care, says charity

More than 330,000 older people have been forced to sell their homes to pay for care since 2000 when the Royal Commission proposed making...

Social care facing workforce exodus, research warns

A third of social care workers are looking to leave the sector within the next five years. This equates to more than half a million...

Action for Care refused application to vary registration

A tribunal has ruled in favour of the health and care regulator’s decision to refuse an application by Action for Care Ltd to vary...

Saint Cecilia’s grows portfolio with purchase

Saint Cecilia’s Care Group has bought Alba Rose care home in Pickering, North Yorkshire, from a family owner for an undisclosed sum. The 22-bed property is part of Saint Cecilia’s expansion plans and brings the group’s number of facilities to three care homes, a nursing home and a day care...

Target Healthcare’s portfolio value grows 30%

The portfolio value of Target Healthcare REIT increased by almost a third during the year ended 30 June 2019. The value rose by 29.9% to £500.9m (2018: £385.5m), while the investor’s contracted portfolio rent grew 24% to £32.2m (2018: £26m). During the period it bought nine assets for £96m (including costs),...

Europe: Record investment in Europe’s aged care sector

More than €700m (US$775m) has been invested into the aged care sector across Europe since the beginning of the year. Figures from the European Senior Housing report from real estate services provider Savills show that this record-high is largely down to two significant transactions in the UK: the forward purchase by Riverstone Living of the Royal Warwick Square project and the development of four retirement villages by Audley group through a joint venture with the real estate arms of Schroders and Octopus Group. Research suggests that the senior living sector is...

Cross-party cooperation crucial to social care reform, says report

Cross-party cooperation is a key component to social care reform that England can learn from Germany. In its report, What can England learn from the long-term care system in Germany?, the Nuffield Trust looked at Germany’s social care system, which underwent reform in the 1990s. The report stated England’s long-term care reform was lagging behind Germany’s by 25 years. Germany’s reform did not happen overnight, the document said. A series of attempts and proposals for reform were made over 15 years before change. However, by the early 90s, when serious reform was...

UK Athletics appoints Priory Healthcare for mental health services

Priory Healthcare has been selected by UK Athletics to offer support to athletes outside the World Class Programme (WCP) and across the wider sport. The WCP is UK Sport’s National Lottery funded initiative to support the delivery of success at the world’s most significant sporting events.  The appointment was made following...

GenesisCare acquires two Spire Healthcare centres

GenesisCare has expanded its UK oncology network with the acquisition of two Spire Healthcare cancer centres.  The cancer treatment specialist has signed a deal to acquire the Spire Oncology Centre, South West in Bristol and the Spire Specialist Care Centre...

Capsticks appoints two new partners

Law firm Capsticks has announced the appointment of two new partners in Simon Brian and Adam Hartrick. In addition, partner Lisa Geary has been promoted to head of its Leeds office from 1 September. Geary joined Capsticks’ real estate department in 2011 and is a member of its health and primary care teams, providing advice and representation to the NHS,...

Bupa UK supports new quality mark for health information

Bupa UK has announced that it is supporting the Patient Information Forum (PIF) in the development of a new quality mark for health information. PIF is a membership body for organisations that produce health information and content, and is creating a new quality mark that will allow the public to easily recognise trustworthy and reliable health information. This comes after...

‘Integrated care will only work for patients if all services are integrated,’ says IHPN CEO

David Hare, chief executive officer of the Independent Healthcare Providers Network (IHPN), has written a letter to all sustainability and transformation partnerships (STP) and integrated care systems (ICS) outlining...

Kaia raises $8m in second funding round

US based digital healthcare company Kaia Health has raised $8m in a new funding round led by Optum Ventures. The company, which provides app-based treatment for musclosketetal disorders (MSK) such...

Fortius Clinic to hold international sports injury conference

Orthopaedic group Fortius Clinic will be holding its third international sports injury conference on 6 and 7 November.  Taking place over two days at the Park Plaza London Riverbank, the...

Switzerland: Establishment of Hirslanden Campus Bern

The Hirslanden Private Hospital Group, the largest medical network in Switzerland, is merging Hirslanden Klinik Beau-Site and Hirslanden Salem-Spital to form a joint medical campus in Bern. After their merger on 1 October this year, the two hospitals will be managed by a single management team. The joint management of...

UAE: Ministry of Health and Prevention launches first blockchain-based system

The Ministry of Health and Prevention (MoHaP) has launched the first blockchain-based system to save and share the assessment information of health professionals. The smart...

Germany: Kaia Health raises US$8m Series A

Munich-based healthtech firm Kaia Health has raised US$8m Series A funding led by Optum Ventures. Kaia Health has developed a smartphone-based approach to manage a range of chronic conditions, specifically...

France: InnovaHealth Partners takes stake in Koelis

US-based InnovaHealth Partners has acquired a majority stake in France’s Koelis. The company has developed image-guided systems for the diagnosis and treatment of prostate cancer. Financial terms have not...

Ethiopia: Regional cancer excellence centre planned in Addis Ababa

The Intergovernmental Authority on Development (IGAD) and the Ethiopian government plan to build what they are calling a “regional cancer excellence centre” for US$450m in Addis Ababa. It is intended...

India: Meddo raises US$3m pre-Series A funding

As part of its pre-Series A funding, Gurugram-based healthcare platform Meddo has raised US$3m. The round was led by SRI Capital, with participation from growX Ventures, LetsVenture, Jitendra Gupta and...

Singapore: Accrelist to acquire Verita Healthcare for S$17m

Healthcare group Accrelist, formerly known as WE Holdings, plans to acquire aesthetic treatment clinic Verita Healthcare for S$17m (US$12.3m). The Wellness Clinic, located at Wheelock Place, uses a range of leading anti-ageing technology and equipment and specialises in a range of non-surgical aesthetics treatments to address dermatological conditions such as acne, pigmentation, open pores, lines, wrinkles and ageing skin. Its...

Singapore: Everlife appoints Raman Gandotra as chief executive

Everstone-backed Everlife Holdings, a distributor and manufacturer of medical and laboratory equipment and devices in Asia, has appointed Raman Gandotra as its new chief executive. Based out of Singapore, Gandotra will lead the platform through its next stage of growth which will focus on continuing to deliver what the company calls “superior performance for its principals, further strengthening the company's...

Switzerland: Hirslanden integrates in eastern Switzerland

The Hirslanden Private Hospital Group, the largest medical network in Switzerland, has placed two hospitals in eastern Switzerland under joint management: the Hirslanden Klinik Am Rosenberg in Heiden and the Hirslanden Klinik Stephanshorn in St Gallen. In a statement the company said that the unified management of the two hospitals would “strengthen the coordinated expansion of the Hirslanden care region in eastern Switzerland”. Andrea Rütsche, Hospital Manager of Klinik Stephanshorn, will head both hospitals from 1 November. The Hirslanden care region in the east of Switzerland already includes the Ärztehaus Schuppis in...

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