Thursday, October 28, 2021
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Gina Benjamin to head business development at Ambient

Gina Benjamin has returned Ambient Support after leaving 18 months ago to a newly created position as head of business development.  Formally operations manager for mental health services for six years, Benjamin left Ambient in April 2020 to move to another social care provider as regional manager. In her previous role...

Transactions in care home sector remain subdued, Savills reports

Investment in the care home sector remains subdued, with this year so far being ‘quiet’, analysis from Savills has revealed. Its Spotlight: UK Care Home research said because of the pandemic transaction levels last year were 29% down on 2019 and 43% down on the average of the past three...

Deficit in funding for homecare services ‘exposed’, research reveals

Inadequate funding for homecare is leading to poor pay for its workforce and substandard practices in commissioning and purchasing of services by public bodies. Research by the Homecare Association using freedom of information legislation to 340 public organisations that purchase services across the UK found since 2020, the number of...

CMA concerned over availability and price of children’s care

Children in care are not being placed in the right homes while providers charge high prices and make big profits in what the Competition and Markets Authority (CMA) has described as a failing system. The authority, which launched its market study in March, has published its interim report.  It found a shortage of appropriate places for children and high prices often being paid for them. Too often no placements were available in children’s homes, with foster carers or in independent accommodation that fully met the needs of young people – with...

Joint venture to develop retirement communities

The real estate investment and advisory arm of Noé Group has entered a joint venture with Revere Life to develop senior living communities in the home counties and Midlands. Capreon will invest in the real estate and operations as it looks to build a long-term sustainable platform. It has exchanged on the purchase of a site in the home counties and will initially invest £70m as part of a pipeline of £500m. The site’s location has not been disclosed. ‘We are excited to embark on this joint venture with Revere Life,’...

ICSs must take steps to understand local independent sector capacity and capability, says HSIB

Integrated Care Systems (ICSs) must embed effective processes to identify the capability and capacity available in local independent hospitals as the sector continues to treat more NHS patients in the wake of the Covid-19 pandemic, a major new report warned today. The Healthcare Safety Investigation Branch (HSIB) probe into NHS...

PHP refinances with sustainability-linked loans

Primary Health Properties (PHP) has refinanced a number of legacy loans with a new £200m debt facility from Aviva Investors. The 15-year debt facility will attract a fixed interest rate of 2.52%. The proceeds have been used to repay a...

Hospitals remain in special measure after quality deteriorates

Two independent mental health hospitals operated by the John Munroe Group have been rated inadequate by the Care Quality Commission (CQC) for the second time in six months. The health and care watchdog said it had taken steps to protect patients from avoidable harm at the sites in Staffordshire - the 57-bed John Munroe Hospital in Rudyard and the 14-bed...

Nuffield Health announces two new additions to its board of governors

Dr Junaid Bajwa and Mark Stansfeld have joined Nuffield Health's Board of Governors. Bajwa has spent more than 15 years working across primary care, secondary care and public health settings. In addition, he acted as a policymaker within the UK, where he specialises in informatics, digital transformation, and leadership. He is currently a practising physician in the NHS, chief medical...

Aviva extends timeframe for Covid-19 rebate pledge

Aviva has extended the timeframe for its PMI rebate pledge until the end of 2022 and increased payments by 20%. The insurer said the length of the pandemic combined with...

CMA reviews divestment after Circle fails to find a buyer for Birmingham site

Circle Health has been unable to find a buyer for its Birmingham hospital despite undertaking a ‘thorough sales process’, according to documents published by the Competition and Markets Authority...

Priory appoints Rebekah Cresswell as UK CEO

Mental health and specialist adult care provider Priory Group has appointed Rebekah Cresswell as its UK chief executive. She is the company's first female CEO and will lead it...

Aedifica establishes UK team with acquisition of Layland Walker

Belgian healthcare REIT Aedifica has expanded its presence in the UK with the acquisition of its asset management partner Layland Walker. Layland Walker was established in 2003 and has been providing asset management services for Aedifica’s UK portfolio for the past eight years. It will change its name to Aedifica UK...

France: DentalMonitoring becomes first dental software unicorn

DentalMonitoring, the first AI-powered orthodontic remote monitoring system, has become the first dental software company to attain a valuation over US$1bn based on its US$150m growth financing. The round is led by a new investment of US$90m from Mérieux Equity Partners and US$60m from Vitruvian Partners, an existing financial investor. DentalMonitoring’s AI automates messages and instructions sent to patients and practice staff to synchronise the delivery of care with the need of care. The firm has over 400 employees across 18 countries and 9 offices including Paris, Austin, London, Sydney...

Effective destination management for medical travel

There is much more to promoting a destination than just issuing a press release, launching a website, or attending a trade fair. Ian Youngman looks at how destination management organisations (DMOs) must change, to build their medical travel market. Economic recession and Covid-19 has led to many tourism boards, also...

South Korea targets Gulf medical travellers

As South Korea prepares to re-open, state agency Medical Korea is promoting the country as a medical travel destination for patients from Middle Eastern countries. Between 2009 and 2019 2.76 million foreign patients from 198 nations visited South Korea. In 2020, Medical Korea was rebranded to reflect its increasing popularity as the site international patients visit for information about healthcare in Korea. To ensure high quality and safety of medical services, the country has also put in place a system of registration and compliance for hospitals serving foreign patients and for medical...

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