Tuesday, August 16, 2022
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Impact reports growing profit as occupancy among tenants rebuilds

Impact Healthcare REIT tenants have steadily been rebuilding occupancy, with the investor’s portfolio of homes reaching its highest level since early 2020. As at the middle of this year, average occupancy across its 13 tenants reached 85.4%, up 2.3 percentage points on 31 December 2021 at 83.1%. Average occupancy across...

Brendoncare completes care home sale as part of strategic review

Brendoncare has completed the sale of Woodhayes nursing home in Exeter, Devon, as part of its ongoing strategic review. The home, which is a Grade II listed Victorian property formed from three linked and extended buildings, has been sold to family-run Stonehaven Care Group, an operator in the county. Woodhayes...

Improved training and career opportunities aim to address challenges

Social care staff will receive training opportunities to develop their careers over the next three years as part of the government’s £500m support package as it looks to stem recruitment and retention issues in the sector. It comes as the workforce development fund is confirmed for an additional year (2022/23)....

Cynergy Bank supports ACI Care Group with refinancing

ACI Care Group has received a £7.4m loan from Cynergy Bank to support the refinancing of its specialist care homes. The family-run business owns and operates four freehold settings in Kent, East Sussex and Northamptonshire. Established in 2017, the business is run by Anand Sodha and Ravi Sodha, who are part of an entrepreneurial family with their father having run a business in the travel industry for 35 years. ACI operates Fairways Residential Home, The Old Rectory Residential Home, Mountside Residential Home and Gabriel Court, which cover dementia, residential and respite...

HC-One appoints Dame Ruth Carnall as chair

Dame Ruth Carnall will join care provider HC-One as chair from next month (1 September). She brings over 40 years’ experience in healthcare at some of the highest levels of executive and strategic leadership, including seven years as chief executive of NHS London, where she oversaw a transformation programme. With board experience, Dame Ruth has provided strategic advice to leaders in health and care at national, regional and local levels both in the UK and overseas. She has served as a non-executive director of the Cabinet Office board and is vice...

Ellern Mede opens fourth hospital

Specialist eating disorders provider Ellern Mede has opened its fourth treatment centre.   Ellern Mede Eating Disorder Hospitals’ Derby treatment centre has capacity for 17 inpatients across two wards - one for children aged eight to 17 and one for young adults aged 18 to 25. The Tier 4 specialist service...

AURELIUS sells Transform to specialist healthcare investor

Healthcare-focused private equity firm Y1 Capital has acquired Transform Hospital Group’s (THG) operating business from AURELIUS. Financial details of the transaction have not been disclosed, but the deal is confined to the operating business and AURELIUS will continue to own...

NHS Green planning

Jamie Foster, partner, and Gemma Badger, professional support lawyer in the healthcare commercial team at Hill Dickinson LLP look at sustainability and ESG in the public sector and what it means for private hospitals, clinics and technology providers With its target for reaching net carbon zero for emissions it controls directly by 2040, and emissions it can influence by 2045, the NHS...

NHSE planning new safety focus on independent mental health units

NHS England (NHSE) is planning to strengthen its quality improvement programme with increased focus on the safety of care delivered by independent mental health hospital providers. Speaking to Health Service Journal (HSJ), NHSE director for mental health Claire Murdoch said it had created a new head of quality post, which will be filled by current NHSE head of mental health...

InHealth revenues jump despite Covid disruption

Diagnostic and imaging provider InHealth Group has reported a 23% leap in revenue to £218m for the year ended 30 September 2021 despite ongoing disruption from the Covid-19 pandemic. The group said...

HCML strengthens corporate health proposition with rm healthcare acquisition

Apposite Capital-backed rehabilitation and case management provider HCML has acquired healthcare rm for an undisclosed sum. HCML, which has made a number of key appointments and expanded its corporate services since its...

CHEC to expand endoscopy provision

Community Health and Eye Care (CHEC) has announced plans to expand its provision of endoscopy services. The company, which is one of the largest providers of community-based ophthalmology services in...

Germany: Zava and DasLab to offer medical teleconsultation and laboratory diagnostics

DasLab, Europe's first digital interoperability platform for medical diagnostics, and Zava, a provider of telemedicine services in Germany and Europe, have created a partnership to offer reimbursable at-home diagnostics in Germany. The partnership will enable universal access to high-quality medical diagnostics and clinical consultations. And, for the first time,...

Sweden: Herder steps into acting CEO role at Idogen as Karlsson moves on

Anders Karlsson is leaving his position as CEO of Sweden-based Idogen to move to a role in another Swedish biotechnology company. He will remain in his current chair until September 1, 2022, while the board starts a process to recruit his successor. In the interim, Christina Herder, who has been a board member for more than five years, has been appointed as acting CEO. She will retain her role on the board during this time. Idogen, listed on Nasdaq First Growth Market, develops tolerogenic cell therapies to prevent the patient’s...

Between health and tourism lies medical travel opportunity

This holiday, stop with the excuses and start the plan to rebuild your medical travel business, says Ian Youngman.  Just don’t base it on what you did before. Having tracked the global medical travel sector for more than 20 years, I’m worried that many medical travel destinations, organisations and businesses...

USA outbound medical treatment: will Medicare cover it?

As the number of older Americans on Medicare increases, questions arise on access to care when living abroad. As senior Americans venture overseas whether for leisure or new living arrangements, a key question to ask is what benefits travel with them.  Social Security benefits follow Americans to other countries, but basic Medicare insurance does not, so seniors may need to be prepared for alternative arrangements. Medicare is not a national system. Each policy is provided by competing private insurers with rules and how much the local government pays varying by state. As...

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