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London councils facing £540m adult social care shortfall

Adult social care in London faces a £540m shortfall in funding by 2025, a study by the capital’s councils have found. London Councils, which represents 32 borough authorities and the City of London, said based on up-to-date spending data - overspending boroughs faced a collective shortfall of £63.5m in 2017/18. In...

Target buys care homes for £18.6m

Target Healthcare REIT has bought two care homes for £18.6m. The homes, which were bought from Bluebrick Healthcare, have been let on 35-year leases with...

Over-prescribing of medicines putting care home residents at risk

Older people are being put at risk due to the amounts of medication they are prescribed and the resulting side effects. Age UK said nearly...

Rising social care demands placing ‘intolerable’ burden on councils

A decade of cuts and increasing pressures on ‘safety net’ services - particularly social care - has gutted non-essential council provision including transport, housing...

Hospices receive funding boost

Hospices and palliative care services will receive £25m to help improve the quality of end of life care. The money, which has been provided by the government, will also support the sector in relieving workforce pressures as well as introducing services – such as out-of-hours support, respite care and specialist...

Number of children with a learning disability locked up rises

NHS Digital data has shown that 2,270 people with a learning disability or autism remained locked away in inpatient units in July, of which 255 were children. While the main figure remained the same as in June, there were 10 more children locked away last month. The data comes after the...

New Zealand: Despite staff shortages, demand for aged care continues

Oceania Healthcare has obtained resource consent from Auckland Council for its development at Waimarie Street in St Heliers, Auckland. New Zealand’s third largest residential aged care provider and sixth largest retirement village operator initially acquired 8,945 square metres of land in Waimarie Street in December 2017. It was Oceania Healthcare’s first greenfield acquisition. A subsequent purchase of neighbouring properties in the second half of last year increased Oceania Healthcare’s holding to 13,464 square metres. “We are delighted to have received the consent for our Waimarie Street development. This site presents a unique...

Civica buys Warwick International

Digital solutions services provider Civica UK Ltd has bought Warwick International Computing Systems Ltd, for an undisclosed sum. Warwick International is an occupational health, and health and safety company that provides cloud software, supporting 200 customers worldwide, including the Metropolitan Police, North Yorkshire County Council, University of Birmingham, John Lewis Partnership, Sky and Skanska. Civica UK Ltd is a wholly owned subsidiary of Civica, which provides business software and digital solutions services to 400 health and care providers in the UK. Warwick will join the health and care division within Civica. Wayne Story,...

Medacs reports small profit despite continued revenue decline

Continued pressure in the NHS staffing market has driven a 7.4% drop in turnover at specialist recruitment agency Medacs Healthcare. The company reported revenue of £90.7m (2017: £98m) for the 53 weeks ended 4 January 2019, as the NHS cap on agency spending, roll out of direct engagement schemes, implementation...

CQC appoints deputy chief inspector

The Care Quality Commission has appointed Dr Kevin Cleary as deputy chief inspector of hospitals and lead for mental health. He will join the regulator next month and report to the chief inspector of hospitals, Professor Ted Baker. Dr Cleary trained...

IDF chief executive to leave post

Independent Doctors Federation (IDF) chief executive Sue Smith will be leaving the post in November. Smith, whose contract is coming to an end, started at the federation three years ago when she was tasked with carrying out and implementing a strategic review, which involved updating and professionalising the structure of the organisation. IDF president Dr Neil Haughton said: ‘Sue Smith has...

TLC revenue dips but Q4 hints at recovery in international market

There was a hint of potential recovery in the international market from The London Clinic (TLC) as it released its 2018 results, with reports of improved demand from Middle East patients in the final quarter. Although the decline in international private patients continued to impact the hospital throughout the year, with the revenue from Middle East patients down 10% on...

The next generation investing in cancer care

Dr Karen Sayal, oncology doctor and Dr Michelle Tempest, Candesic Partner, discuss how the growing market for cancer care, globalisation of care pathways and future treatments are opening up...

Cygnet to open mental health hospital for women

Cygnet Health Care plans to open a mental health hospital for women next year. Cygnet Nield House in Crewe, Cheshire, will be a 30-bed facility divided into two wards -...

A new dawn for patient safety

The independent sector and the NHS are beginning to align on safety standards as the NHS publishes its strategy for the future The NHS is nothing without a Plan. Indeed,...

Germany: Aedifica continues German expansion

Belgian healthcare REIT Aedifica continues to expand in Germany with the purchase of a healthcare site to be constructed in Wurzen, Sachsen, for €7m (US$7.8m). It has also completed a €12m care campus in Schwerin, Mecklenburg-Vorpommern. “Aedifica continues the expansion of its German healthcare real estate portfolio with two new sites...

Netherlands: Cofinimmo acquires Zoetermeer site

Belgian real estate company Cofinimmo has acquired a real estate site in Zoetermeer, close to The Hague, for nearly €10m (US$11.1m). The rehabilitation clinic was...

Australia: Monash to lose five specialists

Shares in Monash IVF, Australia’s second largest fertility treatment provider, slumped 25% after it said that five Victoria-based fertility specialists who currently refer patients will stop using Monash IVF services from...

Germany: Board changes at Medical Park

There have been board changes at Amerang-based German clinic operator Medical Park with Ole Wiesinger named chairman and Ulf Ludwig as the new chief executive. Wiesinger is an internationally renowned...

Germany: UKSH completes first stage of PPP project

After four years of construction, the new main building at University Hospital Schleswig-Holstein (UKSH) in Kiel is complete. It is the largest public-private partnership project in Europe’s healthcare sector. "The...

UAE: NMC shares rise on strong H1 and takeover rumours

A strong first half performance and a share buyback saw shares in GCC private healthcare operator NMC Health shoot up almost 30% at the open. But market direction was being...

Australia: Healius investor sells A$74m block

Reflective of broader investment concerns around Healius, a single investor has sold a A$74m (US$50.2m) block of shares in the Australian healthcare company. This equates to a 4% share in the group. The shares sold at A$3.00 each, which was a slight discount to its open of A$3.09. The name of the seller has not been released, but it is understood to have...

Singapore: Nova Satra takes over Inex Innovations Exchange

Singapore molecular diagnostics group Nova Satra has taken over Inex Innovations Exchange to create Inex Innovate in a US$72m deal. The combined company will focus on diagnostics testing and precision healthcare for Asian women. What is being dubbed Asia’s first femtech firm will be led by Kane Black, chief executive officer of Nova Satra, while his long-term backers Tan Kong...

New Zealand: Despite staff shortages, demand for aged care continues

Oceania Healthcare has obtained resource consent from Auckland Council for its development at Waimarie Street in St Heliers, Auckland. New Zealand’s third largest residential aged care provider and sixth largest retirement village operator initially acquired 8,945 square metres of land in Waimarie Street in December 2017. It was Oceania Healthcare’s first greenfield acquisition. A subsequent purchase of neighbouring properties in the second half of last year increased Oceania Healthcare’s holding to 13,464 square metres. “We are delighted to have received the consent for our Waimarie Street development. This site presents a unique...

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