Agincare considers viability of contracts despite rising profit

Margins tighten at Radis Community Care

Radis Community Care will continue to review its domiciliary care contracts as increases in wage costs have not been matched by fee uplifts from...

Graphite to launch sale of City & County, say sources

Graphite Capital is about to launch the sale of UK homecare provider City & County Healthcare Group, sources have said. Possibly launching next month, PricewaterhouseCoopers...

Mears to place greater emphasis on housing with care

Mears Group plans to accelerate changes to its care business, placing increasing emphasis on housing with care. Care revenues at the group fell 15% to...

Impact buys care homes for £12.9m

Impact Healthcare REIT has bought two care homes in Suffolk for £12.9m. Baylham Care Centre is a 55-bed purpose-built home, which is rated ‘outstanding’ by...

Simply UK to grow operational business

Scottish care home developer Simply UK is planning to grow its operational business with the opening of its first care home in 2020. As...

Renaissance upgrades properties following funding

Operator Renaissance Care is in the process of upgrading and modernising its properties after securing £600,000 of funding from Barclays Bank. The cash is being...

Shawbrook delivers first commercial loan in care sector

Shawbrook Bank has delivered its first commercial loan facility in the healthcare sector worth £12.5m to support a South West operator in a management...

Leonard Cheshire offloads 16 residential services  

Leonard Cheshire has sold 16 residential services to Valorum Care, for an undisclosed sum. Services that have been transferred are Alne Hall, Beechwood, Champion House,...

NFA buys Outcomes First Group

The National Fostering Agency (NFA) has bought Outcomes First Group from Sovereign Capital, for undisclosed sum.  As reported in May, Sovereign Capital began the sale...

Bupa’s older people’s care business hit by Australia operations

Underlying profit has declined by £25m at Bupa’s aged care businesses worldwide. Revenues at its aged care services grew in the UK and Spain but...