Southern strategy increases Hallmark’s profits
Hallmark Care Homes Group reported a 6.5% rise in revenues from £52.4m to £56.3m for the year ended 31 March 2017. Cost of sales...
Future lease costs leave Avery just in the red
Avery Healthcare Holdings reported a 7.7% rise in revenues for the year ended 31 March 2017 from £126m to £135.8m.
Cost of sales were £72.9m...
Orders of St John reports ‘muted’ performance
Described as a ‘muted’ financial performance, not-for-profit operator The Orders of St John Care Trust (TOSJCT) reported income of £116.2m for the year ended...
Losses continue for C&C
The parent company of City & County Healthcare continued to report significant losses in the year ended 31 March 2017.
C&C Topco Limited reported revenues...
Drop in costs dampens losses at Eden
Turnover for specialist care operator Eden Care & Support Limited remained static at £13.8m for the year ended 31 March 2017 (2016: restated £13.9m)....
Four Seasons agrees £70m loan with H/2 Capital
Four Seasons Health Care announced this morning that H/2 Capital Partners is to provide up to £70m in funding to help the care home...
Keys Group makes two acquisitions
The Keys Group has acquired the children’s services division of Aspirations Care and The Leaving Care Company for undisclosed sums.
Aspiration’s specialist children’s services division...
Ideal Carehomes back to profit
Ideal Carehomes was back in the black at the year ended 31 March 2017 as it moves towards providing care primarily to self-paying residents....
Fremantle reports 1.6% rise in revenue
The Fremantle Trust reported a 1.6% rise in revenues for the year ended 31 March 2017 from £48.7m to £49.4m.
Total expenditure also increased to...
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...
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