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CIC delivers rising income despite care home division challenges
Community Integrated Care (CIC) has increased income levels but its older people’s care homes division in England faced ‘another challenging year’.
The division, which operates...
Somerset Care posts 37.5% growth in EBITDA
Growth in community hours, residential occupancy and cost efficiencies helped boost turnover and EBITDA at Somerset Care.
The provider, which operates 27 care homes and...
Occupancy and fees help drive up turnover at Meallmore
Increased occupancy, fee rates and fill up of new homes has driven turnover at care home provider Meallmore.
In its latest financial results for the...
Nobilis continues to target homecare acquisitions
Southampton-based homecare provider Nobilis plans to complete five deals over the next three months, adding to eight acquisitions it made last year.
The operator, which...
Occupancy ‘growing’ at Barchester Healthcare
Occupancy continues to grow at Barchester Healthcare despite ‘adverse headwinds’ caused by the coronavirus pandemic.
The pandemic led to a drop in revenue at the...
Restructuring results in falling losses at MiHomecare
MiHomecare and Complete Care have both reported rising turnover following completion of their restructuring.
MiHomecare, a domiciliary care services provider for older and disabled people,...
Octopus purchases LNT care home portfolio for over £100m
Octopus Real Estate has completed the acquisition of eight care homes from developer LNT Care Developments for more than £100m.
Octopus Healthcare Fund, managed by...
Aedifica plans to invest £13m in care home
Belgian healthcare real estate firm Aedifica plans to invest £13m in a care home in Chard, Somerset, which will be operated by Maria Mallaband...
Puma Property Finance provides loan for care home project
Puma Property Finance has provided an £8.5m development loan to fund the construction of a purpose-built care home in Wilmslow, Cheshire.
The three-storey, 60-bed care...
Huntercombe services transferred to CareTech
CareTech Holdings plans to pursue further acquisitions in 2021 after adding seven services previously operated by The Huntercombe Group (THG) to its portfolio.
As reported...
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