Wednesday, September 29, 2021
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Regulator takes urgent action at care home

Urgent action has been taken against a service that failed to protect individuals living with a learning disability and autistic people from abuse. The Care Quality Commission (CQC) has rated Summerfield House in Birmingham, run by N H Care Ltd, as ‘inadequate’, following an inspection in August. The residential care...

OakNorth Bank provides £10.6m loan to Nine Points Property

OakNorth Bank has provided a £10.6m loan to Nine Points Property, which acquires properties in the residential care sector. The commercial landlord and developer, which is headquartered in Hampshire, buys existing care homes, residential properties, and offices, and refurbishes them into homes for young adults up to 17 years old,...

Workforce development fund opens to adult social care employers

The workforce development fund 2021-22 is open to adult social care employers in England to support staff by offering qualifications, programmes, and digital learning modules. Funding can be used to support the development of social care staff at all levels. The fund, which Skills for Care distributes on behalf of...

Loveday & Co to use Cognetivity’s AI dementia detection technology

Technology company Cognetivity Neurosciences will deploy its integrated cognitive assessment (ICA) in Loveday & Co’s Chelsea Court Place to monitor the health of its residents. The assessment uses artificial intelligence (AI) and machine learning techniques to help detect the earliest signs of impairment by testing the performance of large areas of the brain to support diagnosis of dementia. Loveday is a dedicated operator of specialist memory care and offers tailored services, including residential support, day clubs, and homecare. The technology will enable care staff at Loveday to identify when certain interventions may...

National Care Group launches apprenticeship scheme

National Care Group has set up an academy and apprenticeship programme to help provide career opportunities for the next generation. The programme, which will offer candidates the opportunity to learn on the job and gain care qualifications at the same time, has 24 paid positions available. Successful applicants will work alongside colleagues across a range of the company’s services to deliver individual, person-centred support for adults with learning disabilities, mental health illness and complex needs. ‘A career in care can often be overlooked by younger generations, however, we are determined to change...

Nuffield Health expands with acquisition of five Aspen hospitals from NorthWest Healthcare Properties

Nuffield Health has agreed to acquire five Aspen Healthcare hospitals from NorthWest Healthcare Properties REIT.

Private markets likely to remain buoyant as waiting lists soar

The private hospital sector is poised for accelerated growth as lengthening NHS waits increase demand from both public and private payors, attendees at a LaingBuisson webinar heard today. Speaking at the launch of LaingBuisson’s UK Healthcare Market Review Report, Dr...

UCLH take over management of Queen Square consulting rooms

UCLH Private Healthcare, part of University College London Hospitals NHS Foundation Trust, has taken over the management of the private consulting rooms at 23 Queen Square from Queen Square Enterprises (QSE). The deal means that both inpatient and outpatient services for private neurosciences patients at the National Hospital for Neurology and Neurosurgery (NHNN) will now be managed by a single...

Belgium: Cofinimmo adds in Spain and Finland while recycles in France to add to healthcare pot

Belgian REIT, Cofinimmo, is continuing its expansion in Spain and Finland with the construction of four new nursing and care homes – three in Spain and one in Finland. It also recently announced the partial disposal of the non-core Cofinimur I portfolio in France, for €41m (US$48m), to finance further healthcare real estate opportunities in Europe. The investment project for...

Braced for change: the shape of post-pandemic dentistry

The dental sector is emerging from the Covid-19 pandemic in better shape than many anticipated during the first lockdown. Clare Emery, partner at law firm Harrison Clark Rickerbys, looks at...

Mayo Clinic Healthcare and Bupa announce two-year deal

London-based Mayo Clinic Healthcare and Bupa have announced a two-year agreement to deliver care to the global health insurer’s UK customers. Under the deal, Bupa’s UK health insurance customers will have...

CQC praises improvements but says further work needed at Huntercombe CAMHS service

The CQC has praised improvements made at the Huntercombe Hospital in Maidenhead but said further action is needed to ensure the delivery of safe, good quality care. The specialist child...

Sweden: Dentalum considers increase to due 2023 bond

Dentalum, a fast-growing dental chain with a focus on acquiring profitable and sustainable dental clinics in the Nordic region, is considering a Skr100m (US$11.5m) increase to its outstanding 7.75% bonds due October 2023, as part of an exercise to raise funds for the acquisition of three companies that together...

Feature: Mansfield Advisors ask ‘Can investors make even more out of manufacturing for pharma?’

Associate Ali Bahram and senior partner Adam Scott of Mansfield Advisors take a close look at a growing and unconsolidated sector already strewn with private equity success stories in search of further opportunities. The successful mass production of Covid-19 vaccines has, once again, demonstrated the pivotal role played by contract development and manufacturing organisations (CDMOs) in the pharmaceutical industry. Manufacturing capability and operational competence are the foundations of their success. Yet we are convinced that, in many cases, the right ownership can add further value through improved commercial management, and the...

Will the “Healthy China” strategy redirect medical travel?

Healthy China 2030 is one of China’s development strategies which includes China–Africa public health cooperation projects. This longer term political and economic closeness could mean that for people from certain countries, their first choice medical treatment option will be either to travel to China, or to a Chinese owned...

India: stemming outbound medical travel from Kashmir

India’s Jammu and Kashmir administration has received proposals from top healthcare companies to set up 10 major hospitals in the union territory. This may reduce numbers going to India or Pakistan for medical treatment. With few tertiary care hospitals and poor local healthcare, Kashmir faces a challenge in treating a huge inflow of patients as people flee neighbouring Afghanistan. Plans to increase bed numbers by 2,500 in 10 hospitals will help. Several hospital chains and corporate groups have submitted proposals. Virinchi Hospitals has submitted a project proposal for setting up a 500...

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