Fee rate inflation and occupancy growth drive up results at MMCG

Maria Mallaband's Windsor care home

Growing fee rates and rising occupancy helped drive revenues across Maria Mallaband and Countrywide care homes, with the former brand posting uplifts in its EBITDAR. Separate financial results for the two providers reported occupancy continued to recover from the pandemic, while fee rates were ‘buoyant’ in the year ended 30 September 2023, growing 13% across…

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