Florence raises £5m in Series A funding

An online recruitment marketplace that connects care home providers with qualified professionals to fill temporary shifts has raised £5m in Series A funding. The funding...

CIC moves into the red

Not-for-profit operator Community Integrated Care (CIC) went into the red for the year ended 31 March 2017 thanks to poor performance of its older...
Profits slide after tough regulatory year for Runwood Homes

MHA pauses on new developments

Methodist Care Homes (MHA) has halted plans for new developments as it focuses on building its cash reserves and improving existing properties. Despite its accounts...

Ashley House signs off contracts despite frustrations

Ashley House has signed contracts to start work on two care schemes and has been awarded further projects but the length of time to...

Affordable Housing granted £60m loan

Affordable Housing & Healthcare Group (AHH) has been granted a £60m loan from OakNorth Bank to fund the development of three retirement living schemes...

Funding challenges bite Disabilities Trust

The Disabilities Trust has reported a slight dip in operating income for the year ended 31 May 2017, due to the challenging financial environment...
Profits slide after tough regulatory year for Runwood Homes

Profits slide after tough regulatory year for Runwood Homes

Profits slipped at operator Runwood Homes after an ‘unprecedented’ number of inspections and subsequent suspensions were placed on its care homes last year. Its financial...

Pre-tax loss grows 56.9% at Four Seasons Health Care Group

Four Seasons Health Care Group posted a growing pre-tax loss of £229.3m in 2018 (2017: £146.1m), its unaudited draft accounts show. Turnover during the year...

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...

Excelcare profit drop

Excelcare Holdings reported a 43.2% rise in revenues but profits plummeted for the care home provider in the year ended 31 March 2017. Turnover stood...